$360,000
$395,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
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
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Bought with Kimmy Hom • New England Realty Assoc LLC
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Broker | REB.0791464