46 Washington St - Apartments FOR SALE


Waterbury, CT 06706- Downtown Waterbury
$629,900 USD
203-314-4219
46 Washington St, Waterbury, CT for Sale
$629,900 USD
Apartments - FOR SALE
1/15
null | 7.29% Cap Rate

46 Washington St
Waterbury, CT 06706
Downtown Waterbury


HIGHLIGHTS

  • 2 Family + 4 Family
  • Large Lot
  • Separate & Tenant Paid Utilities
  • Ample Off-Street Parking
  • Vinyl Siding + Unit Updates
  • Can be Purchased As Part of a Larger Portfolio

OVERVIEW

Calling all investors! This large lot features a 4 family in front, 2 family behind and ample off street parking. The front 4 family has (3) 2 bed units and (1) 1 bed unit. The utilities are separate and tenant paid. The back building is a 2 family w/1 bed unit and large 3 bed unit. This also has separate and tenant paid utilities. Some various unit updates that include new flooring, updated kitchens (appliances, cabinets, counters, fixtures); updated bathrooms and overall newer paint + fixtures. All utilities are separate & tenant paid - gas or electric heat and hot water + separate electrical. There is ample off-street parking for tenants. Low maintenance and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 10+% CAP pro-forma. This property can be purchased as part of a larger portfolio sale.

FOR SALE DETAILS

PRICE

$629,900 USD

PRICE/SF

$98 USD /SF

# OF UNITS

6

PRICE/UNIT

$104,983

CAP RATE

7.29%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2 Fam + 4 Fam | Large Lot

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,463 SF

ZONING

RM

APN/PARCEL ID

WATE-000392-000302-000078

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

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