1,450,000

House for sale Waterbury

Overview

SUMMARY: Discover an opportunity with this Waterbury house for sale and available for 1,450,000. This could be your next ideal home or a smart investment. More details await.
Excellent investment opportunity to acquire 13 units across two multifamily properties being offered as a package - 66 and 74 Holmes Avenue in Waterbury. This offering provides a strong combination of updated units, existing cash flow, ample off-street parking, and additional value-add potential. The properties are situated on a nice corner lot with good visibility and convenient access. 66 Holmes Avenue consists of 8 units with a desirable mix of four 3-bedroom units, two 2-bedroom units, one 1-bedroom unit, and one studio. The property has undergone extensive improvements, including completely remodeled units and replacement windows. The property offers a strong unit mix with excellent income potential. 74 Holmes Avenue consists of 5 units including one 2-bedroom, three 1-bedroom units, and one studio. Improvements include a roof approximately 2 years old, replacement windows, vinyl siding, and mostly updated units. Some renovation remains, providing an investor with the opportunity to complete improvements, increase rents, and further enhance overall property performance. A diversified unit mix, substantial improvements already completed, ample off-street parking, a desirable corner lot, and significant upside potential. An attractive opportunity for an investor looking to add scale and value to a Waterbury multifamily portfolio. Properties are being offered together as a package. Seller financing may be available for qualified buyers, subject to acceptable terms.
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Details

  • Beds: 14
  • Baths: 7.5
  • Price: 1,450,000
  • Reference No.: 96506040
  • Area: 7,055 sqft

Location

Marketed by:

  • Amanda Faroni- Sheehan
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