This is an opportunity to own a turn key 3-family + 2-car detached garage with 10+% CAP rate + 21+% ROI. All apartments are 2 bed/1 bath and 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 good/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 a 2-car detached garage behind the property with off-street parking available. Value add = update units + increase rents + rent garages 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 other assets in Waterbury.
Off market
Zestimate®
$383,900
28 Young St, Waterbury, CT 06704
6beds
2,502sqft
MultiFamily
Built in 1924
-- sqft lot
$383,900 Zestimate®
$153/sqft
$1,671 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- 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: 2,502 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached, Garage - Detached, Off-street
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 6,098 sqft
Details
- Parcel number: WATEM0277B0581L0061
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
HOA & financial
Other financial information
- Total actual rent: 159900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Electric, Natural Gas
- Roof: Asphalt
- GarageYN: true
- Basement: Unfinished, Full
- Zoning: RM
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Vinyl Siding
- Cooling: Window Unit(s)
- NumberOfUnitsInCommunity: 3
- FoundationDetails: Stone, Masonry
- GrossIncome: 27000
- PatioAndPorchFeatures: Porch
- ParkingFeatures: Off Street, Detached Garage, Paved
- CommunityFeatures: Park, Walk to Bus Lines, Public Transportation, Public Rec Facilities, Commuter Bus
- YearBuiltSource: Public Records
- Attic: Crawl Space
- WindowFeatures: Thermopane Windows
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 159900.00
- ArchitecturalStyle: Units on different Floors
- LaundryFeatures: Washer/Dryer Some Units
- MlsStatus: Show
- OperatingExpense: 9096
- NetOperatingIncome: 16554
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$383,900
2% more+$7,678
With Zillow Showcase(estimated)$391,578