Waterbury, CT 06708,119 Bunker Hill Avenue

$400,000

$419,900

4.7%
Est.Price: ?

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Est. payment /mo

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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Listed by Koco Pela • William Raveis Real Estate
Bought with Koco Pela • William Raveis Real Estate

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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