111 Bank St - Apartments FOR SALE


Waterbury, CT 06702- Downtown Waterbury
$1,195,000 USD
860-882-8784
111 Bank St, Waterbury, CT for Sale
$1,195,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

111 Bank St
Waterbury, CT 06702
Downtown Waterbury


OVERVIEW

Exceptional mixed-use investment opportunity offering immediate cash flow. The property features a large, first floor commercial storefront, offering an ideal opportunity for an owner user or for leasing to generate additional upside. Above the commercial space are eight fully renovated apartments with a strong, stable tenant base, delivering reliable cash flow from day one. The basement offers a separate entrance exclusively for apartment residents and includes hookups for a coin operated laundry, creating additional income potential and added convenience for tenants. Ideally situated in a high visibility location directly across from Post University, this property benefits from excellent exposure, steady foot traffic, and strong long term investment potential. Whether you're looking to expand your investment portfolio or occupy the commercial space while collecting rental income, this is a rare opportunity in a prime location.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

8

PRICE/UNIT

$149,375

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CBD

APN/PARCEL ID

WATE-000294-000271-000092

ASK ABOUT THIS PROPERTY

Natalie ZoefVanguard Private Client GroupMore Info
860-882-8784

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Natalie ZoefVanguard Private Client GroupMore Info
860-882-8784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.