135 Prospect St - Apartments FOR SALE


Waterbury, CT 06710- Downtown Waterbury
$895,000 USD
203-707-7259
135 Prospect St, Waterbury, CT for Sale
$895,000 USD
Apartments - FOR SALE
1/18
null | 8% Cap Rate

135 Prospect St
Waterbury, CT 06710
Downtown Waterbury


OVERVIEW

Exceptional 8-Unit Multifamily Investment Opportunity Well-maintained 8-unit asset featuring a strong unit mix of five 1-bedroom apartments, one 2-bedroom apartment, and two 3-bedroom apartments. Many units have been recently renovated and offer continued upside potential through future rent growth and additional value-add opportunities. Recent interior improvements include updated kitchens and bathrooms, vinyl plank and hardwood flooring, beautiful wooden decks, and large windows providing abundant natural light throughout many of the units. Utilities are separately metered and tenant-paid, helping reduce operating expenses and maximize investor returns. The property is currently operating at an attractive 8.0% cap rate with well-maintained mechanicals and on-site parking available for tenants. Strategically located near Downtown Waterbury, St. Mary's Hospital, grocery stores, shopping, public transportation, and major highways, this property presents an excellent opportunity for investors seeking stable cash flow with long-term appreciation and rental growth potent

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

8

PRICE/UNIT

$111,875

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

135 Prospect St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,773 SF

ZONING

RM

APN/PARCEL ID

WATE-000254-000159-000035

ASK ABOUT THIS PROPERTY

Vianeliz HenriquezSky Realty GroupMore Info
203-707-7259

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Vianeliz HenriquezSky Realty GroupMore Info
203-707-7259

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