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- LoopNet Team
475 Washington Ave
Waterbury, CT 06708
10% CAP | 6 Unit Building · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 9+% CAP
- Separate & Tenant Paid Utilities
- Off-Street Parking
- 6 Unit Property
- Interior Updates Throughout
- $32k+ NOI
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,956 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1900/2017 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Lot Size | 0.27 AC | ||
| Zoning | RM RM | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 4,956 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2017 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | RM RM |
AMENITIES
UNIT AMENITIES
- Eat-in Kitchen
- Refrigerator
- Porch
ABOUT 475 WASHINGTON AVE , WATERBURY, CT 06708
Opportunity to own a six unit investment property in the south end of Waterbury with 10+% CAP. The property has a unit mix of: (5) 2 bed/1 bath units + (1) 1 bed/1 bath unit. It is 100% occupied. There are unit interiors throughout, including: new railings, kitchen and bath updates - counters/cabinets and new flooring (between 2017-2019). The utilities are separate and tenant paid - there is a combination of gas and electric heat and hot water - with two new (2019) hot water heaters. There is off-street parking. Good investment for someone looking to purchase six apartments in one building with low maintenance and 10+% CAP and 22+ ROI.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | WATE-000390-001027-000088 | Improvements Assessment | $252,280 |
| Land Assessment | $47,180 | Total Assessment | $299,460 |
PROPERTY TAXES
