$125,000
$149,900
16.6%For more information regarding the value of a property, please contact us for a free consultation.
23 Beacon Street Waterbury, CT 06704
8 Beds
3 Baths
2,795 SqFt
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
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Bought with Robert Levine