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975 Meriden Rd
Waterbury, CT 06705

19 Unit Portfolio(Meriden Rd & Scott Rd) · Multifamily Property For Sale · 19 Units

Investment Highlights

  • Two Condo Portfolios Being Sold Together or Separately
  • 495-519 Scott Road Waterbury, CT 06705 – 8 Units For Sale
  • 975 Meriden Road, Waterbury, CT 06705 – 11 Units For Sale
  • No Increases Over the Next Two Years

Executive Summary

- Condo Portfolio: Nineteen (19) Units for Sale
- Become the Largest Owner in TWO Well-Maintained Condo Complexes in High Income Areas of Waterbury, CT
- Massive Value Add Opportunity
- Condo Associations Provides Hands off Management

PROPERTY FACTS

Price Per Unit $160,526
Sale Type Investment
Cap Rate 6.53%
No. Units 19
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.98 AC
Building Size 21,184 SF
No. Stories 2
Year Built 1987

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Dining Room

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WATE-000471-000141-000003
Land Assessment
$1,330
Improvements Assessment
$4,060
Total Assessment
$5,390

zoning

Zoning Code R (Residential)
R (Residential)
  • Listing ID: 32643082

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 975 Meriden Rd, Waterbury, CT 06705

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