Opportunity to own a two unit multi-family finished attic close to Downtown with 10% CAP rate. Property is updated with aluminum siding, replacement windows and remodeled units. There is a drive way with off-street parking. The property has a large 3 bed/1 bath apartment on the 1st floor and large 4 bed/1 bath apartment on 2nd floor + attic space. The utilities are separate and tenant paid - electric H&HW + updated electrical. There is a full/unfinished basement. Great opportunity for someone looking to start investing. This can be purchased as part of a larger portfolio. The owner will stay on as management.
Off market
$369,600
10 2nd Ave, Waterbury, CT 06710
7beds
2,953sqft
2 Family
Built in 1940
-- sqft lot
$369,600 Zestimate®
$125/sqft
$3,001 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Features
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,953 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 5,227 sqft
Details
- Parcel number: WATEM0254B0158L0021
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1940
Utilities & green energy
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
Other
Other facts
- Attic YN: 1
- Property Sub Type: 2 Family
- Direct Waterfront YN: 0
- Driveway Type: Asphalt, Private
- Exterior Features: Sidewalk, Porch-Enclosed
- Style: Units on different Floors
- Exterior Siding: Vinyl Siding
- Heat Fuel Type: Natural Gas
- Hot Water Description: Natural Gas
- Fuel Tank Location: Non Applicable
- Property Type: Multi-Family For Sale
- Sewage System: Public Sewer Connected
- Water Source: Public Water Connected
- Basement Description: Unfinished, Full
- Heat Type: Radiator
- Nearby Amenities: Walk to Bus Lines, Shopping/Mall, Public Transportation
- Swimming Pool YN: 0
- Cooling System: Window Unit
- Flood Zone YN: 0
- Construction Description: Frame
- Attic Description: Finished
- Foundation Type: Concrete
- Roof Information: Asphalt Shingle
- Fireplaces Total: 0
- Waterfront Description: Not Applicable
- Property Tax: 3135
- Tax Year: July 2018-June 2019
- Assessed Value: 52060
- Gross Annual Expense: 7331
- Gross Annual Income: 22814