NOT LISTED FOR SALE
-- Bed
-- Bath
8,099 Sq Ft
6,534 Sq Ft Lot

Last Sold December 16, 2021

Last sale price $500,000 $62 Per Sq Ft

12 Days on Market

Highlights

  • No HOA
  • Heating System Uses Steam
  • 3-minute walk to The Waterbury Green
  • Baseboard Heating
  • Level Lot

About This Home

As of December 2021

16 unit apartment building in Downtown Waterbury at a 9.2% CAP. Below market rents offer new owners immediate upside rent potential, and the opportunity to achieve a 12%+ Cap Rate! All utilities included in rent - electric, gas heat and hot water. Small parking area in rear of building for 2-3 vehicles. Excellent opportunity for investors to add a significant number of units in a high demand rental market! Call today for more information or to schedule a showing!

Last Agent to Sell the Property

Sandy Strickling

Sky Realty Group License #REB.0793642 Listed on: 10/27/2021

Last Buyer's Agent

Lisa Lazarus

KW Legacy Partners License #RES.0811066

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,761

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 8,099 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Garage
  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Building Details

  • Gross Income $117,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,761

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Downtown
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 8099
  • Public Record Living Room Sq Ft: 8099
  • Total Sq Ft: 8099
  • Year Built: 1900
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly - West Main St or Grove St to Central Ave
  • Special Features: None

Interior Features

  • Basement Description: Full, Unfinished
  • Attic: No
  • Street Number Modifier: 43

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway, On Street Parking
  • Garages Number: 3

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: CBD

Multi Family

  • Gross Annual Income: 117540
  • Net Operating Income: 46139
  • Total Num Of Units: 16

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8761
  • Total Assessed Value: 145500
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1379582

MLS Schools

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

Range of Values:

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Average Value
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List Price
Sold Price
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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
12/16/2021 12/16/21 Sold $500,000 0.0% $62 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $500,000 0.0% $62 / Sq Ft
07/20/2017 07/20/17 Rented $450 0.0% --
07/19/2017 07/19/17 Price Changed $450 -5.3% $0 / Sq Ft
07/13/2017 07/13/17 Under Contract -- -- --
07/10/2017 07/10/17 For Rent $475 -5.0% --
06/30/2017 06/30/17 Rented $500 0.0% --
06/12/2017 06/12/17 Under Contract -- -- --
06/05/2017 06/05/17 For Rent $500 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170448170

SmartMLS