$400,000
$419,900
4.7%For more information regarding the value of a property, please contact us for a free consultation.
1,840 SqFt
SOLD DATE : 02/20/2024
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,840 sqft
Price per Sqft $217
MLS Listing ID 170597599
Sold Date 02/20/24
Style 3updown - Unit(s) per Floor
Year Built 1915
Annual Tax Amount $5,413
Lot Size 6,534 Sqft
Property Description
LOCATION, LOCATION, LOCATION!! RARE OPPORTUNITY TO PURCHASE A LONGTIME ESTABLISHED WELL-KNOWN LANDMARK BUSSINESS (ROCKY"S PIZZA) ON BUSY INTERSECTION IN THE BUNKER HILL AREA OF WATERBURY. PROPERTY FEATURES 2 APARTMENTS ABOVE. ONE BEDROOM RENTED AT $800/MONTH, 2 BEDROOM UNIT AT 900/MONTH, WHICH IS UNDER MARKET VALUE($1200-1300/MONTH). RAISING RENTS TO MARKET VALUE WILL GIVE YOU MORE CASH FLOW. POTENTIAL MONTHLY INCOME IS $4500(IF BUSSINESS IS RENTED OUT). BOTH UNITS ARE IN VERY GOOD CONDITIONS, 1 BED UNIT JUST RENOVATED, ALL UNITS HAVE ELECTRIC HEAT, PAID BY TENANTS. IF A NEW BUYER WANTS TO RENT THE BUSSINESS IT WILL BRING AN EXTRA $2500/MONTH INCOME. CURRENT OWNER IS RETIRING FROM THIS SUCCESFUL BUSSINESS AFTER MORE THAN 30 YEARS ON THE SAME LOCATION. PROPERTY ALSO FEATURES FINISHED BASEMENT WHICH COULD BE USED FOR MULTIPLE PURPOSES. OWNER IS WILLING TO HELP NEW BUYER (IF ASKED) DURING TRANSITION TIME FOR ANYTHING NEEDED IN ORDER TO RUN THE BUSSINESS SMOOTHLY. PROPERTY SOLD AS-IS CONDITION, INSPECTIONS FOR BUYERS INFO PURPOSES.
Location
State CT
County New Haven
Zoning RL
Rooms
Basement Full
Interior
Heating Baseboard
Cooling Wall Unit
Exterior
Garage Parking Lot
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 Koco Pela • William Raveis Real Estate
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Broker | REB.0791464