Waterbury, CT 06708,165 Highland Avenue

$360,000

Est. payment /mo

$395,000

8.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

165 Highland Avenue Waterbury, CT 06708

3 Baths

3,613 SqFt

SOLD DATE : 10/17/2024

Key Details

Sold Price $360,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,613 sqft

Price per Sqft $99

MLS Listing ID 24020639

Sold Date 10/17/24

Full Baths 3

Year Built 1950

Annual Tax Amount $8,192

Property Description

Investors take notice. A mixed-use property located at the desirable area in Waterbury. A successful eat-in and take out Restaurant on the ground floor with a detached garage. Lease will expire in 2029. Four bedrooms/two bathrooms residential unit on the 2nd floor with large deck. Roof is 3 years old. Rents are below market; 2nd floor lease will expire in July 2024. Current annual gross income is $43,800 and tenants pay their own utilities. 2nd Floor rent will raise to $2,300 after July 2024. The potential annual gross income will be $55,200. Great income property. Don't miss this investment opportunity.

Location

State CT

County New Haven

Zoning CN

Interior

Heating Baseboard

Cooling Window Unit

Exterior

Utilities Available Electric, Gas

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Kimmy Hom • New England Realty Assoc LLC
Bought with Kimmy Hom • New England Realty Assoc LLC

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.