193 Willow St 3 Unit Apartment Building $599,000 ($199,667/Unit) 8.50% Cap Rate Waterbury, CT 06710
EXECUTIVE SUMMARY
193 Willow St in Waterbury is a fantastic multi-family investment opportunity! A fully occupied 3-family building with 3,528 square feet of space. This property is currently generating excellent rental income, with the potential for even higher rents, making it an ideal investment. Each unit is large and features separate, tenant-paid utilities, ensuring low management costs and a steady cash flow for the owner. With an impressive 8.5 percent CAP, this property has a strong return on investment. Additionally, its prime location provides easy access to Route 8 and I-84, offering convenient commuting options. This well-maintained property is a great opportunity for investors and owner occupants.
PROPERTY FACTS
| Price | $599,000 |
| Price Per Unit | $199,667 |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,528 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1889 |
| Zoning | RM - 105 - 3-Family Residence |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
1 of 1
Walk Score®
Very Walkable (74)
CONTACTS
-
Sandy Strickling -
Tyler Egner -
Sky Realty Group
