Historical Multifamily Sale Listing - 144 Grove Street

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144 Grove Street

144 Grove Street, Waterbury, CT 06702

N/A

44 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
44
Building Size:
25,312 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
No. Stories:
4
Year Built:
1925
Lot Size:
0.19 AC
Listing ID
14613426
Last Updated
over 1 year ago

Highlights

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

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

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

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