985 Bank Street, Waterbury, CT 06708
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985 Bank Street, Waterbury, CT 06708
985 Bank Street, Waterbury, CT 06708
985 Bank Street, Waterbury, CT 06708
985 Bank Street, Waterbury, CT 06708
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985 Bank Street Waterbury, CT 06708

44 Baths

32,049 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 32,049 sqft

Price per Sqft $123

MLS Listing ID 24168573

Full Baths 44

Year Built 1920

Annual Tax Amount $31,165

Lot Size 0.830 Acres

Property Description

Don't miss this Brooklyn Center multifamily portfolio consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand.

Location

State CT

County New Haven

Zoning RH

Interior

Heating Hot Water

Cooling Window Unit

Flooring Tile, Vinyl, Wall-to-Wall Carpet, Wood

Exterior

Exterior Feature Sidewalk, Gutters, Lighting

Parking Features Paved, Off Street Parking

Utilities Available Electric, Gas, Phone Available, Cable Available

Roof Type Asphalt Shingle,Flat

Building

Lot Description Corner Lot, Level Lot

Story 4

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected


Listed by Amanda Faroni-Sheehan • Oxford Realty

Nearby Locations

Charles Nedder

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

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985 Bank Street