This is an opportunity to own a large, turn key 3-family with 10+% CAP rate + 22+% ROI. There are (2 larger, 3 bed/1 bath apartments on the 1st and 2nd floor and a larger 2 bed/1 bath on the 3rd floor - all units are 100% occupied with tenants. There are washer/dryer hook-ups and some unit updates throughout (kitchens, baths. The siding, windows and roof are in average condition. Utilities are separate and tenant paid - with updated electrical to circuit breakers. Heat, hot water and cooking are a combo of gas and electric. There is off-street parking available. Value add = update units + increase rents for a 13+% CAP rate. This is a low maintenance option to start investing or to add to your portfolio. This property can be purchased with a 3 family next door at 27 Beacon St.
Off market
$343,000
23 Beacon St, Waterbury, CT 06704
8beds
2,795sqft
MultiFamily
Built in 1903
-- sqft lot
$343,000 Zestimate®
$123/sqft
$2,012 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric, Gas
Cooling
- None
Appliances
- Included: Washer
- Laundry: Washer/Dryer Some Units
Features
- Windows: Thermopane Windows
- Basement: Unfinished
- Attic: Crawl Space
Interior area
- Total interior livable area: 2,795 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 6,098 sqft
Details
- Parcel number: WATEM0236B0172L0064
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
HOA & financial
Other financial information
- Total actual rent: 149900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Electric, Natural Gas
- Roof: Asphalt
- Basement: Unfinished, Full
- Zoning: RM
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Vinyl Siding
- Cooling: Window Unit(s)
- NumberOfUnitsInCommunity: 3
- FoundationDetails: Stone, Masonry
- PatioAndPorchFeatures: Porch
- ParkingFeatures: Off Street, Unpaved
- YearBuiltSource: Public Records
- GrossIncome: 25800
- Attic: Crawl Space
- WindowFeatures: Thermopane Windows
- WaterSource: Public Water Connected
- TotalActualRent: 149900.00
- WaterfrontFeatures: Not Applicable
- CommunityFeatures: Walk to Bus Lines, Public Transportation, Commuter Bus
- ArchitecturalStyle: Units on different Floors
- LaundryFeatures: Washer/Dryer Some Units
- NetOperatingIncome: 15839
- MlsStatus: Show
- OperatingExpense: 8671
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$343,000
2% more+ $6,860
With Zillow Showcase(estimated)
$349,860