74 Holmes
Waterbury, CT 06710

Property

Ownership: Commercial
Type: Commercial
Bathrooms: 5
Area: 3067 sq ft

Financials

Price:$525,000
Annual Taxes:$4,405
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Amanda Faroni-Sheehan of Oxford Realty

Calling all investors ! Don't miss this well maintained 5 unit investment property offering a strong 9 CAP rate at full occupancy.

Description

Calling all investors! Don't miss this well-maintained 5-unit investment property offering a strong 9% CAP rate (at full occupancy). This turnkey, cash-flowing asset features a nicely updated exterior with vinyl siding, replacement windows, a 2-year-old roof, new front porches, and sits prominently on a corner lot. The unit mix includes (1) studio and (1) one-bedroom on the first floor, (2) one-bedroom units on the second floor, and (1) two-bedroom unit on the third floor, providing the potential for good rental income potential. Interior highlights include hardwood floors and updated kitchens and baths in select units. The utilities are separate and tenant-paid, minimizing owner expenses. There is mainly on-street parking only. Conveniently located on the corner of Grove and Holmes, directly across from Hayden Park, and within walking distance to the Waterbury Green, YMCA, downtown, shopping, and highway access-this property offers the ideal blend of low maintenance and strong returns.

Amenities

  • Elementary School -
  • Gutters
  • High School -
  • Intermediate School -
  • Lighting
  • Sidewalk
  • Window Unit

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