Est. Mortgage: $/month
- Multi Family Multi-Family For Sale
- Square Feet 22,726
- Acreage 1
- Year Built 1900
This is a renovated and turn key portfolio investment opportunity that consists of 6 buildings and 25 total units with a 10% CAP. There are 23 apartments and 2 commercial spaces. The unit mix consists of: (6) 4 bed units, (9) 3 bed units, (7) 2 bed units and (1) 1 bed unit. 18 of the units are electric heat and hot water - tenant paid, 7 of the units are gas heat and hot water - owner paid. 5 of the 6 buildings are renovated with new vinyl siding, replacement windows, interior unit updates, updated electrical, new/rebuilt porches and new roofs in 2017. The units feature hardwood floors throughout, huge layouts + updated kitchens and baths. The apartments are all 100% occupied and the commercial spaces are vacant/unfinished. There is a common/shared laundry area for tenants to use. There is ample, off-street parking at each property, with a total of over 30+ spaces combined. This is a great opportunity for a turn-key, cash flowing investment. This portfolio can be purchased with other properties in Waterbury as well. The owner is open to staying on as management.