This Multifamily Property is Off-Market.

144 Grove Street
Waterbury, CT 06702 ·

44 Units · Multifamily For Sale

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144 Grove Street

Price N/A Property Use Type Investment
No. Units 44 No. Stories 4
Building Size 25,312 SF Year Built 1925
Property Type Multifamily Lot Size 0.19 AC
Property Sub-type Mid/High-Rise
Listing ID: 14613426 Date Created: 05/09/2006 Last Updated: 09/19/2006

Description

WOW!!! $312,516 Gross Income. Expenses = $103,600. NOI = $193,470. Investors HAVE OPTION TO ASSUME THE EXISTING DEBT OF $1.5 MILLION AT 5.65%. Four stories, all brick, elevator, surveillance cameras, intercom system, new roof ($40,000), new windows. Tenants pay cooking gas and electric. 35 out of 44 units have been gut rehabbed with new kitchens and new baths. Hardwood floors throughout. 24 units have fireplaces. Many long-term tenants. Property is 100% OCCUPIED!!! 26 parking spaces. 22 - 1 bed units and 22 - studio units.

Grove Street, Waterbury

Highlights

  • 100% Occupied
  • New Roof - $40,000
  • 35 of 40 units gut rehabbed
  • Brick
  • Option to Assume Debt

Research

144 Grove Street, Waterbury, CT 06702 (New Haven County)

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