1215 Bank Street

Waterbury, Connecticut 06708

Status
Sale Pending
Square Feet
3,182
Beds
11
Price
$495,000
Type
Multi-Family For Sale
Garages
Baths
4
MLS
24055812

Price

$495,000

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Interior Details

Interior Size
3,182 Sq Ft
Bedrooms
11
Bathrooms
4
Rooms Total
Garage

Exterior Details

Lot Size
0.18 Acres
Roof
Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$10,251
Assessed Value
$207,340
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

Great turn-key investment opportunity available to both primary homeowners, as well as investors. This 4-family property has a very strong rent roll and a vacant unit available for primary homeowners. This property yields a 22% return at full market values, amounting to a yearly net cash flow of $39,000. There are three 3-bedroom units and one 2-bedroom unit. The high bedroom counts provide significant upside in lease up. Three of the four units have undergone substantial renovations over the last 2 years. The property also features updated electric panels, newer mechanicals, off-street parking, and a BRAND NEW ROOF, with tenant paid utilities. FHA eligible.
Listed by Realty Exclusive LLC, Anthony Velez. Data sourced from SmartMLS

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