multifamily
237 Bishop Street
Waterbury, Connecticut 6704
Price
$450,000
Price/SF
$176.13/SF
Building Size
2,555 SF
Lot Size
0.14 acres
Year Built
1900
Units
3
Property Description
INVESTMENT OPPORTUNITY - 3-UNIT MULTI-FAMILY WITH STRONG INCOME POTENTIAL! This 3-unit multi-family property is perfect for investors or owner-occupants looking to generate passive income. Two of the units have been recently updated and are ready for new tenants at market rents, offering immediate upside potential. The first-floor unit is currently occupied by a long-term tenant paying below-market rent on a month-to-month basis, providing flexibility for future rent adjustments or occupancy options. Each unit includes gas heat and water, adding convenience and value for tenants. The property also features a generously sized off-street parking area, making it highly desirable for residents. While the exterior could benefit from some improvements, the property presents a fantastic opportunity to build equity and maximize cash flow. Whether you're expanding your portfolio or looking to live in one unit while renting the others, this is a smart investment you don't want to miss!
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Additional Details
Zoning
RM
MLS Number
24189435
Property ID
02078376-7514-4644-bfe9-e311114230a6
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MLS Information
MLS#: 24189435
Listed by: Matos Level Eminent Realty
Agent: Ramon Matos • (860) 268-3984 • Ramon@matoslevel.com
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