2,795 SF 3 Family

multifamily

2,795 SF 3 Family

23 Beacon Street
Waterbury, Connecticut 06704

Price

$499,000

Price/SF

$178.53/SF

Building Size

2,795 SF

Lot Size

0.14 acres

Year Built

1903

Units

3

Property Description

Attention investors and owner-occupants! Income-producing 3-family property where the heavy-lifting has been done for you by current ownership. Positive cash-flow. All 3 floors are spacious two-bedroom units. 7-8% CAP proforma + strong upside potential. Tenant-paid utilities, very low owner expenses. One floor leased at determined market value; one floor has been freshly renovated and just listed for rent; one floor has tenant lease-end and vacancy scheduled for month's end. $4200-4800/month proforma rent roll. (Seller willing to work with any leasing preferences prior to closing.) Off-street parking available. Rare opportunity to acquire alongside the neighboring multifamily property for a larger investment portfolio. A compelling opportunity for investors looking to build or expand their multifamily portfolio.

Additional Details

Zoning

RM

MLS Number

24155841

Property ID

f3bf3df4-faaa-4fc6-8a40-ad9d7332567b

MLS Information

MLS#: 24155841

Listed by: William Pitt Sotheby's Int'l

Agent: Melanie Scull • (323) 314-0888 • mscull@wpsir.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.

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