Prime corner mixed use building located at the intersection of Willow Pine St with 9 total units 6 2BR 1BA, 1 studio, 2 retail.


Property

Website:https://www.nestseekers.com/5189789
Address:
68 Willow
Waterbury, CT 06710
Ownership: Commercial
Type: Commercial
Bathrooms: 3
Area: 6093 sq ft

Financials

Price:$799,999
Annual Taxes:$14,764

Description

Prime corner mixed-use building located at the intersection of Willow & Pine St with 9 total units: 6 2BR/1BA, 1 studio, 2 retail. Utilities are separately metered and paid by tenants. Currently, 7 units are vacant, presenting an opportunity for buyers to renovate, establish market rents, and choose their own tenants. Two units are currently occupied, generating $1,100 in residential rent and $1,050 for commercial space. The property requires minimal maintenance, with no yard and only on-street parking available. Projected income $13,800/mo $165,600/year at full occupancy (est.). This is a rare opportunity to acquire a versatile mixed-use asset with significant upside potential and long-term cash flow potential.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Dierra Bristow of Goregous Real Estate