$90,000
$99,500
9.5%For more information regarding the value of a property, please contact us for a free consultation.
722 East Main Street Waterbury, CT 06702
7 Beds
4 Baths
4,985 SqFt
Key Details
Sold Price $90,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,985 sqft
Price per Sqft $18
MLS Listing ID 170312981
Sold Date 10/28/20
Style 4updown - Unit(s) per Floor
Bedrooms 7
Full Baths 4
Year Built 1932
Annual Tax Amount $6,159
Lot Size 3,920 Sqft
Property Sub-Type 4 Family
Property Description
The building's 1st floor is currently occupied by an active grocery store which pays $1000 a month and has a 5 year lease. The 2nd and 3d floor have 2 two bedroom apartments. The one that is currently vacant on the 2nd floor is 5 rooms, 2 or 3 bedrooms and needs some work. There is also a detached stand alone 750 square foot concrete garage or warehouse on the property. With the building fully rented, including the garage, this property should generate $42,000 in annual income. It very likely will not qualify for traditional bank financing. The owner is looking for a cash buyer and the property is being sold in "AS-IS" condition.
Location
State CT
County New Haven
Zoning CG
Rooms
Basement Full With Walk-Out, Unfinished, Concrete Floor, Interior Access, Storage
Interior
Heating Baseboard, Gas on Gas
Cooling None
Exterior
Exterior Feature Sidewalk
Parking Features Detached Garage
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot
Foundation Concrete
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 Eric W. Bierce • Dave Jones Realty, LLC