Excellent two-family investment with spacious units and huge value add opportunity. The property features hardwood floors throughout, high ceilings, oversize windows, lots of natural light, and open floor plans. First floor is 2 bed/1 bath w/open living room and kitchen. Second floor is 3 bed/1 bath. Each unit has separate, tenant-paid utilities - gas heat and hot water + updated electrical, also tenant paid. There is also a huge/unfinished walk up attic for additional living space. Added convenience includes a private driveway for off-street parking and 2-car detached garage for additional parking/extra income potential. Ideally located with easy access to downtown, highways and public transportation! Don't miss this oversized two-family w/great income potential!
Welcome to 27 Frederick St, Waterbury, CT-a property bursting with possibilities and charm, perfect for investors or those looking to create a multi-generational living space. This expansive home currently offers 7 bedrooms and 2.5 baths. On the 1st floor, you're greeted by a grand foyer that opens into a large living room with a classic fireplace. Down the hall, you'll find a spacious kitchen, a laundry room, and a large master bedroom. The half bath on this level could easily be converted into a full bath, and there's even potential to add an extra room. Just off the kitchen, a door leads to the back deck, providing access to the backyard and the 1-car garage. The 2nd floor is a fantastic opportunity to convert back into a separate unit, as it already has a second exit in place. Once completed, this level can include a kitchen, living room, bathroom, and two bedrooms, making it an ideal rental unit or private living space. Currently, featuring - a full bath with four large bedrooms. The 3rd floor boasts two additional rooms and a full bathroom, perfect for turning into a studio apartment or additional living quarters. The possibilities are endless! On a corner lot with ample off-street and on-street parking and a fenced yard offering privacy and space for outdoor activities. This property is truly a blank canvas for those looking to add value and maximize returns with its flexible layout, rental potential, and prime location. Note, currently zoned as a 1 family,MLS 24057246
Don't miss this renovated 3-family property w/3 car garage in Waterbury's Waterville neighborhood. Large, 3 bed/1 bath apartments, roughly 1,340 SF each with 100% occupancy. All three units have been renovated within the last few years. The utilities are separate and tenant paid - gas heat, HW & cooking. Electric is also updated to circuit breakers and tenant paid. Rents are below market offering upside with 10% pro-forma CAP rate. There is a 3-car detached garage for additional rental income or storage + off-street parking also available. Low expenses and low maintenance make this a great investment opportunity.
Great investment or owner occupied property. All four units are in good condition and will generate plenty of rental income. Off street parking for all units. Sep util's for each unit. Wood siding will need to be painted if your buyer is going FHA. Seller will offer a $10,000 credit for siding work. Don't miss the opportunity to pick up this multi family.
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 06710 has a population of 113,783. Waterbury 06710 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 06710 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 06710 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.