Opportunity to own a three unit multi-family

Multi-Family for Sale
Catylist Listing ID: 30547334
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 2,940 SF
Gross Building Area: See Agent
Gross Land Area: 0.13 SF
Sale Price: $184,500
Unit Price: $61,500 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: 9.5%
Last Updated: 12/22/2019

Overview / Comments

Opportunity to own a three unit multi-family in the N End of Waterbury by the PAL facilities with a 9.5% CAP rate. Property is updated with a newer roof, replacement windows and remodeled units + new rear porch. The property has (2) 3 bed apartments and (1) 2 bed units. The property is 100% occupied, and all tenants are currently on a lease. The utilities are separate and tenant paid - gas H&HW + updated electrical. There is a full/unfinished basement. There is a private driveway with parking in back + 3 car detached garage with potential for additional income. Great opportunity for someone looking to start their portfolio. This can be purchased with other properties as well.

Additional Details

Nearest MSA: New Haven-Milford
County: New Haven
Zoning: RM
Property Located Between: Griggs St to Branch St
Total Number of Buildings: 1
Year Built: 1900
Roof Type: Gable
Construction/Siding: Aluminum Siding
Exterior Description: Porch, Sidewalk
Parking Type: Surface
Parking Description: 3 Car, Detached Garage, Driveway, Off Street Parking
Heat Type: Natural Gas
Heat Source: Baseboard
Fuel: Gas
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,959 119,077 171,084
Median Age: 34.1 36.05 37.79
Households: 9,908 46,154 65,719
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Hartford Association of REALTORSĀ® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.