$330,000
$350,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
172 Maple Street Naugatuck, CT 06770
2,953 SqFt
Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,953 sqft
Price per Sqft $111
MLS Listing ID 170587594
Sold Date 09/06/23
Style Units on different Floors,Units are Side-by-Side
Year Built 1900
Annual Tax Amount $11,290
Lot Size 6,969 Sqft
Property Description
CASH only! Great opportunity to buy a commercial property in A+ central location close to everything. Two 2-bedroom and 1-bath apartments upstairs and a functional restaurant and bar on the main floor (includes commercial kitchen equipment) plus a full basement with a large commercial walk-in freezer and 3 more freezers. Please note the apartments have been remodeled (80% done and need new kitchens and laminate floors). New windows, plumbing, electrical, bathrooms, drywall, lighting. Over $260K in improvements. Needs new kitchens and new flooring. A large parking lot behind the building. 3 electric meters (2 for apartments and 1 for the restaurant); 1 water meter; 1 gas meter for the restaurant (apartments are electric). The restaurant is forced air heat and central air fueled by natural gas. Apartments do not have central air. It may be possible to convert the restaurant into additional apartments, subject to the town's approvals and regulations. Also listed as Commercial. Excellent potential for stable rental income over 15% (est.) annually.
Location
State CT
County New Haven
Zoning R8
Rooms
Basement Full
Interior
Heating Baseboard, Gas on Gas, Hot Air
Cooling Central Air, None
Exterior
Garage Paved
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description City Views, Level 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 Mikhail Faifman • William Raveis Real Estate