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

zoning

Zoning Code RM (105 - 3-Family Residence)
  • Listing ID: 34082431

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 64 Dikeman St, Waterbury, CT 06704