473 East Main Street new Save Request In-Person Tour Request Virtual Tour
Waterbury,CT 06702
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,384 sqft
Price per Sqft $117
MLS Listing ID 24105995
Full Baths 15
Year Built 1932
Annual Tax Amount $27,527
Lot Size 5,227 Sqft
Property Description
Great investment property in Downtown Waterbury with 9% CAP rate. The building features a first floor commercial space with roughly 3,100 SF. There are 15 apartments above with a unit mix of 12 studios, (2) 1 bed and (1) 2 bed unit. The utilities are all owner paid - electric heat & hot water. There is no laundry in the building, no yard and on-street parking only making this asset minimal maintenance and low expenses. Most of the units are renovated with new flooring, fixtures, paint, kitchens and bath rooms. Rents are below market giving the buyer an opportunity for increased cash flow. Great downtown location is close to the Waterbury Green, public transportation, the mall, highway access, UCONN Waterbury and more.
Location
State CT
County New Haven
Zoning CG
Interior
Heating Baseboard
Cooling Window Unit
Flooring Vinyl,Wood
Exterior
Exterior Feature Sidewalk,Roof Sign,Awnings,Lighting
Utilities Available Electric,Phone Available,Cable Available
Roof Type Flat
Building
Lot Description Corner Lot,Level Lot
Story 3
Foundation Masonry,Stone
Sewer Public Sewer Connected
Water Public Water Connected