197 South Leonard Street new Save Request In-Person Tour Request Virtual Tour
Waterbury,CT 06708
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 12,480 sqft
Price per Sqft $132
MLS Listing ID 24093141
Style Units on different Floors,Units are Side-by-Side
Bedrooms 4
Full Baths 3
Year Built 1900
Annual Tax Amount $24,323
Lot Size 6,969 Sqft
Property Sub-Type 5 Family+
Property Description
Fantastic S End investment opportunity that's turn key with upside. This corner building is a total of 16 units that feature 2 beds, 1 beds and studio units. Many of the units offer a variety of renovations including new flooring, paint, fixtures, kitchen cabinets, counters, appliances and updated bathrooms. The hallways have been recently painted with new flooring as well. All utilities are separate & tenant paid - gas heat and hot water + separate & tenant paid electrical. There is fire monitoring throughout the building. There is a 5-car garage in back and some off-street parking for cars. Low maintenance with super on site 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 9+% ROI 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
Cooling Window Unit
Exterior
Exterior Feature Sidewalk,Porch,Gutters,Lighting
Parking Features Detached Garage,Paved,Driveway
Garage Spaces 5.0
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Corner Lot,Level Lot
Foundation Masonry,Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed