commercial
96 Hill Street
Waterbury, Connecticut 6704
Price
$795,000
Price/SF
$166.04/SF
Building Size
4,788 SF
Lot Size
0.26 acres
Year Built
1900
NOI
$63,435
Units
6
Property Description
Completely turnkey investment opportunity featuring two separate three-family buildings on one parcel, offering a total of six residential units with a desirable unit mix of (2) 3-bedroom, 1-bath and (4) 2-bedroom, 1-bath apartments. The front building offers 3,140 SF, while the rear building contains 1,648 SF, creating an investment with strong in-place income and minimal deferred maintenance. Apartments have been renovated throughout with new kitchens, durable laminate flooring, updated appliances and fixtures, and keyless entry systems with remote owner access. The roof is approximately 4 years old, further reducing near-term capital expenditure concerns. Additional amenities include an on-site laundry for added income potential and ample off-street parking for tenant convenience. Conveniently located with easy access to Downtown Waterbury, shopping, restaurants, public transportation, Route 8, and I-84. A top-notch investment opportunity for buyers seeking a truly turnkey asset with quality renovations, strong long-term income potential, and virtually no improvement needs. Can be purchased with multiple other buildings.
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Additional Details
Zoning
RM
MLS Number
24191056
Property ID
97c608bb-8209-4058-af6d-c501d6f45ece
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MLS Information
MLS#: 24191056
Listed by: Oxford Realty
Agent: Amanda Faroni-Sheehan • (203) 314-4219 • amanda@oxfordrealtyco.com
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