Huge 6 unit building all rehabbed for the new owner, all new kitchens, bathrooms,flooring, windows. lead abatement completed with city of waterbury, 6 gas heat furnaces. great rental income.
4 Family Priced to SELL! Property features (3) 2 Bedroom Apt's and a 1 Bedroom basement unit. Plenty of driveway parking space and a 2-car garage. Fully rented with $4200 a month rental Income. will need 48Hr notice to view one unit and basement. Sold as is, Inspections for informational purposes only. Cash, Hard Money, Commercial. Conventional Loan Preferred.
Here is the money maker you have been looking for. The monthly rent roll is $6,800/mo. The gross annual rent is $81,600 a year. The gross annual return on investment is 13.1 percent. Try to get that kind of return in your money market account or your 401k! The building is comprised of Three 3 bedroom units and 2 store fronts. The interior and exterior of the building as well as all of the apartments have been fully remodeled and are rented. The left side store front is currently in the process of being remodeled. This space has been rented for $1,000/mo (tenant will take occupancy once the renovations are complete). The right side store front is also currently in the process of being remodeled. This space has been rented for $1,100/mo. (tenant will take occupancy once the renovations are complete). The 1st floor unit pays $1,500/mo. The 2nd floor unit pays $1,600/mo. The 3rd floor unit pays $1,600/mo. The furnaces and hot water heaters are new. All utilities are separately metered. The tenants pay their own gas and electric. If you are looking for a solid investment with an excellent ROI, you found it here!
Welcome to 1402 Baldwin St, a beautifully updated and versatile 2-family home located in the heart of Waterbury, CT. This well-maintained property offers an incredible opportunity for both homeowners and investors, with its spacious layout and modern amenities. The standout feature of this home is the fully remodeled 5-bedroom, 1 bathroom unit on the main floor. This unit is ready to be occupied, making it ideal for an end user or for generating immediate rental income. Every detail in the remodel has been carefully considered, from the modern finishes to the functional layout, ensuring comfort and style for future residents. The second unit, located on the lower level, offers a cozy and private 1-bedroom, 1-bathroom space, perfect for a tenant seeking a more intimate living arrangement or as an additional income source. The property's minimal yard space ensures easy exterior maintenance, allowing homeowners and tenants to enjoy the home with minimal upkeep. Conveniently located, 1402 Baldwin St is just minutes from highways, shopping, restaurants, and public transportation, making it a prime location for anyone looking to enjoy the conveniences of city living. Whether you're seeking a new home or an investment opportunity, this property offers flexibility and appeal to a range of buyers.
The median home value in Waterbury, CT is $212,000. This is lower than the county median home value of $326,700. The national median home value is $338,100. The average price of homes sold in Waterbury, CT is $212,000. Approximately 40.63% of Waterbury homes are owned, compared to 48.46% rented, while 10.92% are vacant. Waterbury real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Waterbury real estate agent to arrange a tour today!
Waterbury, Connecticut 06706 has a population of 113,783. Waterbury 06706 is less family-centric than the surrounding county with 18.58% of the households containing married families with children. The county average for households married with children is 26.84%.
The median household income in Waterbury, Connecticut 06706 is $48,787. The median household income for the surrounding county is $75,043 compared to the national median of $69,021. The median age of people living in Waterbury 06706 is 37.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 52.1 inches per year, with 37.1 inches of snow per year.