Exceptional 8 Unit Multifamily Investment Opportunity Well maintained 8 unit asset featuring a strong unit mix of five 1 bedroom apartments, one 2 bedroom apartment, and two 3 bedroom apartments.


Property

Website:https://www.nestseekers.com/5512323
Address:
135 Prospect
Waterbury, CT 06710
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 13 BR
Bathrooms: 9
Area: 4729 sq ft

Financials

Price:$895,000
Annual Taxes:$14,188

Description

Exceptional 8-Unit Multifamily Investment Opportunity Well-maintained 8-unit asset featuring a strong unit mix of five 1-bedroom apartments, one 2-bedroom apartment, and two 3-bedroom apartments. Many units have been recently renovated and offer continued upside potential through future rent growth and additional value-add opportunities. Recent interior improvements include updated kitchens and bathrooms, vinyl plank and hardwood flooring, beautiful wooden decks, and large windows providing abundant natural light throughout many of the units. Utilities are separately metered and tenant-paid, helping reduce operating expenses and maximize investor returns. The property is currently operating at an attractive 8.0 CAP with well-maintained mechanicals and on-site parking available for tenants. Strategically located near Downtown Waterbury, St. Mary's Hospital, grocery stores, shopping, public transportation, and major highways, this property presents an excellent opportunity for investors seeking stable cash flow with long-term appreciation and rental growth potential.

Amenities

  • Balcony
  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Wall Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Vianeliz Henriquez of Sky Realty Group