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675 S Main St
Waterbury, CT 06706
Turn Key Portfolio w/9.5+% CAP · Multifamily Property For Sale · 25 Units
PROPERTY FACTS
| No. Units | 25 | Lot Size | 1.00 AC |
| Property Type | Multifamily | Building Size | 22,726 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | F | Year Built | 1900 |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | F |
| Lot Size | 1.00 AC |
| Building Size | 22,726 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
Unit Amenities
- Cable Ready
- Heating
- Tile Floors
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Pantry
- Porch
About 675 S Main St , Waterbury, CT 06706
This is a renovated and turn key portfolio investment opportunity that consists of 6 buildings and 25 total units with a 10% CAP. There are 23 apartments and 2 commercial spaces. The unit mix consists of: (6) 4 bed units, (9) 3 bed units, (7) 2 bed units and (1) 1 bed unit. 18 of the units are electric heat and hot water - tenant paid, 7 of the units are gas heat and hot water - owner paid. 5 of the 6 buildings are renovated with new vinyl siding, replacement windows, interior unit updates, updated electrical, new/rebuilt porches and new roofs in 2017. The units feature hardwood floors throughout, huge layouts + updated kitchens and baths. The apartments are all 100% occupied and the commercial spaces are vacant/unfinished. There is a common/shared laundry area for tenants to use. There is ample, off-street parking at each property, with a total of over 30+ spaces combined. This is a great opportunity for a turn-key, cash flowing investment. This portfolio can be purchased with other properties in Waterbury as well. The owner is open to staying on as management.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 6 | $1,025 | - |
| 3+1 | 9 | $825.00 | - |
| 2+1 | 7 | $750.00 | - |
| 1+1 | 1 | $600.00 | - |
PROPERTY TAXES
| Parcel Number | WATE-000369-000293-000004 | Improvements Assessment | $395,010 |
| Land Assessment | $37,100 | Total Assessment | $432,110 |
PROPERTY TAXES
zoning
| Zoning Code | RH |
| RH |
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