975 Meriden Rd - Specialty FOR SALE


Waterbury, CT 06705
$1,600,000 USD
203-751-1390
975 Meriden Rd, Waterbury, CT for Sale
$1,600,000 USD
Specialty - FOR SALE
1/14
null | 7.49% Cap Rate

975 Meriden Rd
Waterbury, CT 06705


HIGHLIGHTS

  • Become the Largest Owner in this Condo Complex
  • Complex Features Below Market Rents and Updated Units
  • Bare Minimum Landlord Responsibilities - HOA Maintains Property

OVERVIEW

2% of sales price to the buyer’s agent. Become the Largest Owner in This Well-Maintained Condo Complex featuring 2 Bedroom and 1 Bedroom Condos (Eleven Condo Unit Portfolio For Sale) on a High Traffic and Pedestrian Friendly Retail Corridor in a High-Income Area of Waterbury, Connecticut. This Offering Presents a Massive Value Add Opportunity with the Updated Interiors and Below Market Rents. Enjoy BARE MINIMUM Landlord Responsibilities as the Condo Association Provides Hands off Management for the Entire Complex.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11 Units - Chelsea Square Condominiums

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ari BigiGroup Realty LLCMore Info
203-751-1390

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Ari BigiGroup Realty LLCMore Info
203-751-1390

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