NOT LISTED FOR SALE
-- Bed
-- Bath
10,012 Sq Ft
0.3 Acres

Last Sold January 24, 2023

Last sale price $950,000 $95 Per Sq Ft

9 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Coin Laundry
  • No HOA
  • Baseboard Heating
  • 2-minute walk to George Tirada Sr. Park & Baseball Field

About This Home

As of January 2023

Rarely available 11 unit opportunity in Waterbury! This property features 2 adjacent buildings: 249 & 259 River Street. 249 River Street has 5 units and was built new in 2005. 259 River St has 6 units and was fully remodeled in 2005. In total there are 6, 3 bed/1 bath units and 5, 2 bed/1 bath units. Both buildings are fully occupied with strong rents and updated units, plumbing, electrical. There is coin op laundry for additional income. Historically low vacancy and an on-site super make this a great asset! This turnkey property is currently being offered at a 9.4% CAP and a 13.5% ROI! This can purchased as a package with 369 Grandview Ave in Waterbury - 8 units (170537821).

Last Agent to Sell the Property

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001 Listed on: 11/27/2022

Century 21 AllPoints Realty

Last Buyer's Agent

Michael Eshetu

Ethos Rlty, LLC License #REB.0794599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,053

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 10,012 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Paved Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Amenities

  • Public Transportation
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,053

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Neighborhood: Hopeville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 10012
  • Public Record Living Room Sq Ft: 3400
  • Total Sq Ft: 10012
  • Year Built: 2005
  • Nearby Amenities: Park, Public Transportation, Shopping/Mall
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Washington St to River St
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Street Number Modifier: 249

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • 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

Lot Info

  • Acres: 0.3000
  • Lot Description: Level Lot
  • Zoning: RH

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 10053
  • Total Assessed Value: 166960
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1388676

Multi Family

  • Total Num Of Units: 11

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 Change Sq Ft Price
01/24/2023 01/24/23 Sold $950,000 0.0% $95 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/27/2022 11/27/22 For Sale $950,000 -- $95 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170537824

SmartMLS

APN: WBRY M:0369 B:0298 L:0031