780,000

House for sale Waterbury
Property photo number 1 of 16 Photos for Property. File  105573891_29_a9a7a22d86e2d021e29564a7f7770b63.jpeg

Overview

SUMMARY: Discover an opportunity with this Waterbury house for sale and available for 780,000. This could be your next ideal home or a smart investment. More details await.
Expand your investment portfolio with this fully rented package of six condominium units at 379 Perkins Avenue in Waterbury! Long-term tenants are in place in all of the 6 units, with all rents current, offering an established income stream from day one. Current condo and garage
rents generate $7,305 per month-or $87,660 annually-with approximately $51,675 in annual net operating income. Each unit offers an identical layout with one bedroom, one full bathroom, approximately 608 square feet of living space, electric heat, and a one-car garage providing additional rental income. Similar condition throughout the units helps simplify ownership, while low HOA fees and a recently replaced roof add to the appeal of this convenient portfolio addition. An attractive opportunity for investors seeking established tenancy, consistent rental income, and the convenience of condo ownership. Sale includes Units 4, 5, 6, 7, 8, and 11, which must be purchased together as one package. All units will be delivered with current tenants in place. One unit available for showings, if further interest allows for additional units. See attachments for rent roll. All units on yearly leases, except one being month-to-month. "Yearly maint" on rent roll is the total HOA cost of all 6 units together per year. 5 of the garage bays are rented by private individuals (not unit owners). 6th garage bay is leased by a unit owner. Proof of funds/pre-qualification letter required before any showings. Seller will not hold any mortgages.
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Details

  • Beds: 6
  • Baths: 6
  • Price: 780,000
  • Reference No.: 96053897
  • Area: 3,648 sqft

Location

Marketed by:

  • Christopher Farrell
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Disclaimer

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