203 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 6,458 sqft
Price per Sqft $147
MLS Listing ID 24103098
Style Units on different Floors,Units are Side-by-Side
Bedrooms 19
Full Baths 8
Year Built 1902
Annual Tax Amount $15,097
Lot Size 0.300 Acres
Property Sub-Type 5 Family+
Property Description
Fantastic investment opportunity that's turn key and cash flowing with 10% ROI and upside! This corner building is a total of 9 units with big unit mix featuring (5) 3 bed/1 bath units, (1) 2 bed, 1 bath unit & 3 studios/1 bath units. All units are spacious AND renovated (8/9) with new flooring throughout, updated kitchens (appliances, cabinets, counters, fixtures); updated bathrooms and overall newer paint + fixtures. All utilities are separate & tenant paid - gas or electric heat and hot water + separate electrical. There are laundry hookups in most units. There is ample off-street parking for 10+ cars. Low maintenance 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 11+% CAP pro-forma. This property can be purchased as part of a larger portfolio sale.
Location
State CT
County New Haven
Zoning IG
Rooms
Basement Full,Unfinished
Interior
Heating Baseboard,Hot Air
Cooling Window Unit
Exterior
Exterior Feature Sidewalk,Porch,Gutters,Lighting
Parking Features None,Off Street Parking,Unassigned Parking
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