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40-46 E Liberty St
Waterbury, CT 06706
10% CAP | HAP Program Property! · Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 | Building Size | 27,632 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1904 |
| Building Class | C | Parking Ratio | 0.72/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | RH | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 27,632 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1904 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | RH |
ABOUT 40-46 E LIBERTY ST , WATERBURY, CT 06706
This investment opportunity consists of 2 buildings with a total of 16 units - All apartments are spacious, 3 Bedroom/1 Bath and have laundry in unit. The property is leased through the HAP Program (on yearly contract) so is always 100% occupied with rent increases every year. There are separate and tenant paid utilities. 1 Building is gas H&HW with a new gas line and 1 Building is electric H&HW with updated electrical. The buildings have 50% newer/replacement windows. There is ample off-street parking with approx. 15 parking spaces + an additional lot across the street. They also made energy updates including: re-insulating the basement and upgrading the lighting. There is a super on site who has been with the property for years. 10% CAP Rate!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 16 | $1,031 | - |
PROPERTY TAXES
| Parcel Number | WATE-000345-000292-000035 | Improvements Assessment | $491,750 |
| Land Assessment | $49,000 | Total Assessment | $540,750 |
PROPERTY TAXES
