PropertiesConnecticutWebID 5339196
23 Beacon
Waterbury, CT 06704
United States
»
Connecticut

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 3
Area: 2795 sq ft

Financials

Price:$499,000
Annual Taxes:$4,720
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Melanie Scull of William Pitt Sotheby's Int'l

Attention investors and owner occupants !

Description

Attention investors and owner-occupants! Income-producing 3-family property where the heavy-lifting has been done for you by current ownership. Positive cash-flow. All 3 floors are spacious two-bedroom units. 7-8% CAP proforma + strong upside potential. Tenant-paid utilities, very low owner expenses. One floor leased at determined market value; one floor has been freshly renovated and just listed for rent; one floor has tenant lease-end and vacancy scheduled for month's end. $4200-4800/month proforma rent roll. (Seller willing to work with any leasing preferences prior to closing.) Off-street parking available. Rare opportunity to acquire alongside the neighboring multifamily property for a larger investment portfolio. A compelling opportunity for investors looking to build or expand their multifamily portfolio.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Window Unit
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