25 Piedmont 37 Street

Waterbury, Connecticut 06706

Status
For Sale
Square Feet
7,068
Beds
33
Price
$2,500,000
Type
Multi-Family For Sale
Garages
Baths
25
MLS
24156126

Price

$2,500,000

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Interior Details

Interior Size
7,068 Sq Ft
Bedrooms
33
Bathrooms
25
Rooms Total
Garage

Exterior Details

Lot Size
0.21 Acres
Roof
Asphalt Shingle,Flat
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Window Unit

Other Information

Property Tax
$22,295
Assessed Value
$495,670
Elementary School
Hopeville
Middle School
NULL
High School
John F. Kennedy

About Property

**OPEN TO PACKAGE DEAL WITH 815 E MAIN** 25-37 Piedmont St is a 25-unit multifamily investment comprised of three buildings on one parcel with a shared parking lot. The property offers a desirable unit mix of studios, 1-bedroom, and 2-bedroom apartments, with many units recently renovated and positioned for continued rent growth. Stabilized performance targets an attractive 8.50% cap rate with an estimated 11.5% cash-on-cash return at entry, making this a compelling income-producing opportunity in a steady rental market. Inquire today for package pricing, financials, and next steps.
Listed by Alpha Capital Realty, LLC, Zachary Pinto. Data sourced from SmartMLS

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