9 Units Mixed Use w/Cash Flow FOR SALE


Waterbury, CT - Downtown Waterbury
$975,000 USD
203-314-4219
, Waterbury, CT for Sale
$975,000 USD
FOR SALE
1/15
null | 8.36% Cap Rate

9 Units Mixed Use w/Cash Flow
Waterbury, CT
Downtown Waterbury


HIGHLIGHTS

  • 2 Adjacent Properties
  • 2 Family + 7 Units Mixed Use
  • Big Unit Mix - 3 Beds & (2) 2 Beds
  • Separate & Tenant Paid Utilities
  • Ample Off Street Parking
  • Close to Downtown

OVERVIEW

Investors take notice of this package offering 2 adjacent properties with cash flow and big unit mix! TOTAL OF 9 UNITS = 8 apartments + 1 large commercial space. 57 Cherry St is a 2-family with two 2 bed/1 bath units - fully occupied. The property has separate & tenant paid utilities. 63 Cherry is a large mixed-use building with six 3 bed/1 bath apartments + 1 large commercial space - fully occupied. The units are mostly renovated w/newer floors, kitchens, baths and fixtures + laundry hookups and mechanicals in each apartment (gas heat & HW + panels in each unit). The utilities are all separate and tenant paid. No basement in #63 - tobacco shop uses the ground level - also separate and tenant paid utilities. Driveway between both buildings + 3 garages and parking for tenants in back. Literally buy and cash flow! Rents are below market = UPSIDE for 21% ROI.

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

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