Nice six-unit investment

Multi-Family for Sale
Catylist Listing ID: 30547450
Property Subtypes: Duplex/Fourplex
Number of Units: 6 Units
Building Size (RSF): 5,981 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 SF
Sale Price: $380,000
Unit Price: $63,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 12/23/2019

Overview / Comments

Opportunity to own a nice six-unit investment property in the Overlook area of Waterbury right near Fulton Park. This property has been well maintained and updated over the last few years - it's turn key with new windows, roof, vinyl siding and painted porches. The unit mix consists of: (4) 1 bed units and (2) 2 bed units. It is currently 100% occupied by tenants. There are various unit updates throughout. The building has gas heat and hot water - owner paid. The electric is also owner paid. The basement has a shared laundry area. There is a private driveway, off-street parking and an over-sized, detached-garage. Good investment opportunity - turn key + return! The owner is willing to stay on as management. It can also be purchased as part of a larger portfolio.

Additional Details

Nearest MSA: New Haven-Milford
County: New Haven
Zoning: RM
Percent Occupied: 100%
Property Located Between: Cooke St to Pine St or Willow St to Pine St
Total Number of Buildings: 1
Roof Type: Gambrel
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: 1 Car, Detached Garage, Driveway, Off Street Parking
Laundry: Shared
Heat Type: Natural Gas
Heat Source: Baseboard
Fuel: Gas
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,539 119,919 173,966
Median Age: 32.74 36.67 37.96
Households: 10,841 46,284 66,898
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