NOT LISTED FOR SALE

24 2nd Ave Waterbury, CT 06710

Village of Waterbury Neighborhood
9 Beds
3 Baths
3,250 Sq Ft
4,356 Sq Ft Lot

Last Sold August 27, 2020

Last sale price $120,000 $37 Per Sq Ft

9 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Thermal Windows
  • Finished Attic
  • No HOA
  • Porch

About This Home

As of August 2020

This is an opportunity to invest OR owner occupy a turn key 3-family with 10+% CAP rate + 18+% ROI. There are (3) larger, 3 bed/1 bath apartments with approx.. 1,080 SF. The siding, roof, windows and various unit renovations are all updated and in good condition. Utilities are separate and tenant paid – with some updated electrical to circuit breakers. Heat, hot water and cooking are gas and electric. There is off-street parking available. Value add play = increase rents for a 13.5+% CAP rate. 1st floor needs to be renovated prior to re-renting. This is a low maintenance option to owner occupy, start investing or to add to your portfolio. *This property can be purchased with a 4 unit next door + other multifamily assets in Waterbury.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 05/26/2020

Oxford Realty

Last Buyer's Agent

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 05/26/2020

Oxford Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,478

Year Built

  • Built in 1909

Lot Details

  • 4,356

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,250 Sq Ft Home
  • Thermal Windows

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Attic

  • Finished Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • 4,356 Sq Ft Lot

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,478

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Neighborhood: North End
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3250
  • Public Record Living Room Sq Ft: 3250
  • Total Sq Ft: 3250
  • Year Built: 1909
  • Nearby Amenities: Commuter Bus, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Grove St to Second Ave OR Hillside Ave to Second Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished, Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 24

Exterior Features

  • Exterior Features: Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1000
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM

Multi Family

  • Gross Annual Income: 27000
  • Net Operating Income: 16306
  • Unit Count: 4
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3478
  • Total Assessed Value: 57760
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1379614

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $120,000 -25.0% $37 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $159,900 -- $49 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2020

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    21 in this area

    167 Total Sales

    Amanda Sheehan
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Map

Source: SmartMLS

MLS Number: 170298992

SmartMLS

APN: WATE M:0254 B:0158 L:0017

Connecticut New Haven County Waterbury 06702 Village of Waterbury

24 2nd Ave, Waterbury, CT

This home is located at 24 2nd Ave, Waterbury, CT 06710 since 26 May 2020. This property was built in 1909. 24 2nd Ave is a home located in New Haven County with nearby schools including Driggs School, West Side Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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