commercial

66-74 Holmes Avenue

Waterbury, Connecticut 6710

Price

$1,450,000

Price/SF

$143.25/SF

Building Size

10,122 SF

Lot Size

0.15 acres

Year Built

1890

Units

13

Property Description

Excellent investment opportunity to acquire 13 units across two multifamily properties being offered as a package - 66 & 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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Photo Gallery

66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue
66-74 Holmes Avenue

Additional Details

Zoning

RO

MLS Number

24212166

Property ID

1a2ae3ed-f582-4d00-92cf-4ab39287d13d

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MLS Information

MLS#: 24212166

Listed by: Oxford Realty

Agent: Amanda Faroni-Sheehan • (203) 314-4219 • amanda@oxfordrealtyco.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.