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.
| 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
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Vianeliz Henriquez of Sky Realty Group | |