Waterbury, CT 06704,23 Beacon Street

$125,000

Est. payment /mo

$149,900

16.6%
Est.Price: ?

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23 Beacon Street Waterbury, CT 06704

8 Beds

3 Baths

2,795 SqFt

SOLD DATE : 10/15/2020

Key Details

Sold Price $125,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,795 sqft

Price per Sqft $44

MLS Listing ID 170312187

Sold Date 10/15/20

Style Units on different Floors

Bedrooms 8

Full Baths 3

Year Built 1903

Annual Tax Amount $3,147

Lot Size 6,098 Sqft

Property Description

This is an opportunity to own a large, turn key 3-family with 10+% CAP rate + 22+% ROI. There are (2) larger, 3 bed/1 bath apartments on the 1st and 2nd floor and a larger 2 bed/1 bath on the 3rd floor – all units are 100% occupied with tenants. There are washer/dryer hook-ups and some unit updates throughout (kitchens, baths). The siding, windows and roof are in average condition. Utilities are separate and tenant paid – with updated electrical to circuit breakers. Heat, hot water and cooking are a combo of gas and electric. There is off-street parking available. Value add = update units + increase rents for a 13+% CAP rate. This is a low maintenance option to start investing or to add to your portfolio. This property can be purchased with a 3 family next door at 27 Beacon St.

Location

State CT

County New Haven

Zoning RM

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard

Cooling Window Unit

Exterior

Exterior Feature Porch, Sidewalk

Garage Unpaved, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Read Less

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Listed by Amanda R. Faroni
Bought with Robert Levine

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

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