140 Orange St - Apartments FOR SALE


Waterbury, CT 06704
$407,500 USD
860-638-9748
140 Orange St, Waterbury, CT for Sale
$407,500 USD
Apartments - FOR SALE
1/13
null | 7.21% Cap Rate

140 Orange St
Waterbury, CT 06704


OVERVIEW

This fully-occupied 3-family property in Waterbury offers an exceptional investment opportunity with a solid 7.2% cap rate. Featuring large, 800 SF 2-bedroom apartments on each floor with below-market rents. Which means huge upside potential for future rent increases! Each unit has electric heat and hot water, while gas is used for stoves, ensuring separate and tenant-paid utilities. With a low expense ratio and easy-to-manage structure, this property is perfect for both investors seeking strong cash flow and owner-occupants looking to maximize income potential. Don't miss out on this high-yield opportunity!

FOR SALE DETAILS

PRICE

$407,500 USD

PRICE/SF

$142 USD /SF

# OF UNITS

3

PRICE/UNIT

$135,833

CAP RATE

7.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

RM

APN/PARCEL ID

WATE-000256-000571-000067

ASK ABOUT THIS PROPERTY

Sandy StricklingSky Realty GroupMore Info
860-638-9748

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Sandy StricklingSky Realty GroupMore Info
860-638-9748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.