3 Family- 64 Dikeman St 64 Dikeman St
3 Unit Apartment Building $425,000 ($141,667/Unit) 10.75% Cap Rate Waterbury, CT 06704
Executive Summary
Looking for a turnkey investment property with great income potential? Look no further than 64 Dikeman St in Waterbury! This well-maintained multi-family home features 3 units with 3, 3, and 2 bedrooms, respectively. All units are generously sized, with each offering over 1,000 square feet of living space, providing ample room for tenants to enjoy. Recent updates include a 2-year-old roof and new electrical panels, ensuring the property is in great condition. The units are all turn-key, making it ready for tenants or new owners to move right in. There are separate and tenant paid utilities for each unit, making for an efficient and low-maintenance operation. Off-street parking adds to the appeal for tenants, providing added convenience and ease. While the exterior could use a simple clean-up, the bones of this property are solid and ready to generate steady cash flow for its new owner. Whether you're an experienced investor or a first-time investor, 64 Dikeman St is an excellent opportunity to own a well-performing asset in Waterbury. Don't miss out!
Property Facts
Price | $425,000 |
Price Per Unit | $141,667 |
Sale Type | Investment |
Cap Rate | 10.75% |
No. Units | 3 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.10 AC |
Building Size | 4,245 SF |
Average Occupancy | 66% |
No. Stories | 3 |
Year Built | 1898 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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zoning
Zoning Code | RM (105 - 3-Family Residence) |