Rarely available 3-family in Waterbury's desirable East End neighborhood offering immediate cash flow with an 8% CAP rate. Each spacious unit features approx. 1,250 SF with 3 bedrooms, 1 full bath, an eat-in kitchen, and a large living room. Units have laundry hook-up in each unit. Recent updates include hardwood floors + kitchens and bath renovations. All utilities are separate (gas and electric), reducing owner expenses. On-street parking offers low-maintenance convenience. Located close to Downtown, highways, shopping, dining, and Brass Mill Center. Fully occupied - ideal for investors. Can also be purchased as part of a larger 3-family portfolio.
PRICED FOR IMMEDIATE SALE! This is a large 3 family home located in the desirable east end of Waterbury with over 3,750 Sq. Ft. of spacious living area. The second floor has been completely renovated with tasteful updates/upgrades. The 1st and 3rd floors are also in very good shape and have longer term tenants but all units are on month to month. Each unit has 3 big bedrooms and laundry room for great convenience. Property includes wood flooring, newer windows, and roof. The level yard includes a new sitting area and backs up to Beecher Ave. great for off street parking and privacy with no back side neighbors. It is centrally located, to major highways, shopping centers and public transportation. Perfect for an investor or owner occupant looking for some cash flow. Can be sold as a package deal w/ 155 Southmayd Rd. (MLS#170408417) Possible 6 units for $510,000. This will not last act fast!
Public Records
Oct 17, 2018
Sold
$171,325
$46/sq ft
Smart MLS #170093378
Oct 17, 2018
Listing Removed
—
Sep 30, 2018
Contingent
—
Sep 30, 2018
Relisted
—
Sep 30, 2018
Listing Removed
—
Aug 31, 2018
Contingent
—
Aug 25, 2018
Relisted
—
Aug 10, 2018
Contingent
—
Jul 11, 2018
Price Changed
$369,800
$99/sq ft
Jun 8, 2018
Listed
$425,000
$113/sq ft
Smart MLS #170091102
Oct 17, 2018
Sold
$171,325
$46/sq ft
Sep 30, 2018
Contingent
—
Sep 30, 2018
Relisted
—
Sep 30, 2018
Listing Removed
—
Aug 31, 2018
Contingent
—
Aug 25, 2018
Relisted
—
Aug 10, 2018
Contingent
—
Jul 12, 2018
Price Changed
$179,900
$48/sq ft
Jun 4, 2018
Listed
$200,000
$53/sq ft
Smart MLS #W1073305
Sep 16, 2013
Sold
$67,000
$18/sq ft
Aug 10, 2013
Listed
$82,500
$22/sq ft
Smart MLS #W1001742
May 4, 2001
Listed
$129,900
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$10,564 (+80.1%)
$17,990 + $176,960
$194,950
2022
$5,866 (−0.8%)
$18,000 + $79,420
$97,420
2021
$5,911
$18,000 + $80,170
$98,170
2020
$5,911
$18,000 + $80,170
$98,170
2019
$5,911
$18,000 + $80,170
$98,170
2018
$5,911 (+2.7%)
$18,000 + $80,170
$98,170
2017
$5,753
$18,010 + $77,540
$95,550
2016
$5,753 (+0.5%)
$18,010 + $77,540
$95,550
2013
$5,723
$18,010 + $82,420
$100,430
2011
$5,723
$18,010 + $82,420
$100,430
Tax history for 149 Southmayd Rd
Year
Property tax
Land + Additions
Assessment*
2023
$10,564 (+80.1%)
$17,990 + $176,960
$194,950
2022
$5,866 (−0.8%)
$18,000 + $79,420
$97,420
2021
$5,911
$18,000 + $80,170
$98,170
2020
$5,911
$18,000 + $80,170
$98,170
2019
$5,911
$18,000 + $80,170
$98,170
2018
$5,911 (+2.7%)
$18,000 + $80,170
$98,170
2017
$5,753
$18,010 + $77,540
$95,550
2016
$5,753 (+0.5%)
$18,010 + $77,540
$95,550
2013
$5,723
$18,010 + $82,420
$100,430
2011
$5,723
$18,010 + $82,420
$100,430
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
1969
Sq. Ft.
3,750
Year built
1930
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1387021
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
RL
Low Density Residential District
The RL District is established to provide for single family dwellings and limited nonresidential uses on lots having a minimum area of 6,000 sq ft. Uses and Conditional Accessory Uses are permitted by Zoning Permit, Special Permit, or Special Exception approval as provided in Article 11of these Regulations.