This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

926 W Main St
Waterbury, CT 06708
926 W. Main and 29 Henry St. · Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Properties are Long-term leased to a well-established non-profit
  • Completely Renovated
  • 8.88% Cap Rate with annual increases

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.21 AC
Building Size 5,495 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2016
Zoning RO

ABOUT 926 W MAIN ST , WATERBURY, CT 06708

Regions Commercial, LLC exclusively presents: Two contiguous apartment buildings—926 W. Main and 29 Henry St.. 926 W. Main St. is a three-story 3-unit apartment with 2-bedrooms on each floor and an office on the lower level. 29 Henry St. is a two-story 2-unit apartment with 2-bedrooms on each floor • 926 W. Main has undergone a complete renovation including new roof, windows, siding, HVAC, electrical, plumbing, framing, kitchens, bathrooms, flooring, parking lot and exterior grounds 3 years ago. • 29 Henry St. has undergone complete interior renovations 3 years ago. • Properties have been leased to a well-established non-profit on a 7-year lease (3.5 years in) with a 7 year option to renew. • Located at the intersection of W. Main St., Highland Ave. and Rt. 8. Easily accessible from I-84, Highland Ave. exit, directly on a bus route. • Approximately 30,000 SF Professional Office/Medical building directly across the street are owned by this same owner, known as Russell Place, formerly Russell School and converted to office space (property also consists of 927 & 935 W. Main St., 11 & 15 Wilson St. which consist of dedicated parking lots for this building) are available for purchase at $1,850,000 at a 9.23% cap rate.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WATE-000271-000025-000092
Land Assessment
$35,070
Improvements Assessment
$189,910
Total Assessment
$224,980
  • Listing ID: 18318104

  • Date on Market: 1/27/2020

  • Last Updated:

  • Address: 926 W Main St, Waterbury, CT 06708

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}