Two Family For Sale

Multi-Family for Sale
Catylist Listing ID: 30553993
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 5,018 SF
Gross Building Area: See Agent
Sale Price: $179,900
Unit Price: $89,950 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/12/2020

Overview / Comments

This is a truly turn key opportunity. Own TWO 100% occupied, 2 family properties on one lot in the north end of Waterbury with $23+k! The unit mix is as follows: (1) 4 bed/1 bath unit, (2) 3 bed/1 bath, and (1) 2 bed/1 bath unit. Each building was remodeled in 2007 - down to the studs. The interior units have updated kitchens, baths, flooring + there is a new roof and siding + new plumbing and electrical - at each property. In building #46 (front) all three apartments have gas heat and hot water + electric stoves for cooking. In building #42 (rear): the 1st fl has electric heat, hot water and stove for cooking, the 2nd and 3rd fl have gas heat and electric hot water + stoves for cooking. All utilities are separate and tenant paid. There is a large rear yard with ample off-street parking. Good investment if you're looking for low maintenance + 13+% CAP return with $23+k ROI....

Additional Details

Nearest MSA: New Haven-Milford
County: New Haven
Total Number of Buildings: 1
Roof Type: Gambrel
Construction/Siding: Vinyl Siding
Heat Type: Natural Gas, Hot Water
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: 31,223 114,430 179,163
Median Age: 33.04 36.18 37.81
Households: 11,684 44,191 68,773
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