203 South Leonard Street Active

Waterbury,CT 06708

$ 999900

0 Bed

9 Baths

6458 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,458 sqft

Price per Sqft $154

MLS Listing ID 24093138

Full Baths 9

Year Built 1902

Annual Tax Amount $15,097

Lot Size 0.300 Acres

Property Description

Fantastic investment opportunity that's turn key and cash flowing with upside! This corner building is a total of 9 units with big unit mix featuring (5) 3 bed/1 bath units, (1) 2 bed, 1 bath unit & 3 studios/1 bath units. All units are spacious AND renovated (8/9) with new flooring throughout, updated kitchens (appliances, cabinets, counters, fixtures); updated bathrooms and overall newer paint + fixtures. All utilities are separate & tenant paid - gas or electric heat and hot water + separate electrical. There are laundry hookups in most units. There is ample off-street parking for 10+ cars. Low maintenance and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 10+% CAP pro-forma. This property can be purchased as part of a larger portfolio sale.

Location

State CT

County New Haven

Zoning IG

Interior

Heating Baseboard,Hot Air

Cooling Window Unit

Exterior

Exterior Feature Sidewalk,Gutters,Lighting

Parking Features Off Street Parking,Unassigned Parking

Utilities Available Electric,Gas,Phone Available,Cable Available

Roof Type Flat

Building

Lot Description Corner Lot,Level Lot

Story 3

Foundation Masonry,Stone

Sewer Public Sewer Connected

Water Public Water Connected

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