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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 | Building Size | 5,495 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1900/2016 |
| Lot Size | 0.21 AC | ||
| Zoning | RO | ||
| 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
| Parcel Number | WATE-000271-000025-000092 | Improvements Assessment | $189,910 |
| Land Assessment | $35,070 | Total Assessment | $224,980 |
PROPERTY TAXES
Listing ID: 18318104
Date on Market: 1/27/2020
Last Updated:
Address: 926 W Main St, Waterbury, CT 06708
The Downtown Waterbury Multifamily Property at 926 W Main St, Waterbury, CT 06708 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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