Excellent opportunity to purchase a fully rented investment property in the East End of Waterbury. The large, 1.23 acre lot lends itself to having a ton of potential. At one time the City of Waterbury gave the owner the go ahead to build an addition which would have contained at least 3 more units (buyer to do their own due diligence). The lot is also ideal for an owner to store equipment, clear some land and put up a garage, or to continue just collecting rents from a property with a track record for long-term tenant capability, of which the first floor is. Some updates are included within the second floor, rear staircase was recently rebuilt, and the basement has recently been cleaned which lends great storage for the next owner as well. Mechanicals are running strong. Inquire today to add this property to your rental portfolio, or potentially take on a unique development opportunity!
Multi-familyProperty Type
1930Year Built
1.23 acresLot Size
$164Est. Price/Sq.Ft.
Listed by Zach Nichols• Realty Exclusive LLC
Bought with Benjamin Ortiz• Great Estates, CT
Source:Smart MLS #170369043
Redfin Estimate
$357,213
$183K since sold in July 2021$1,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.8% higher than the average sale price ($351K) of 6 comparable homes.
*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
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
1.23 Acres
Year renovated
1969
Sq. Ft.
2,174
Year built
1930
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1378989
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.
Permitted uses
Include but are not limited to:
No uses permitted by right
Property details
Parking
Garage Information
Garage & Parking: Paved, Driveway, Off Street Parking
Interior
Interior Information
Laundry Room Info: All Units Have Hook-Ups
Room Information
Basement Description: Full, Full With Hatchway, Concrete Floor, Storage
Multi-Unit Information
Unit Count: 2
Total Number of Units: 2
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Aluminum
Lot Information
Lot Description: Level Lot, Lightly Wooded
Building Information
Foundation Type: Concrete
Construction Description: Frame
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 2174
Driveway Type: Paved
Financial
Assessments Information
Assessed Value: $82,630
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: 40 Gallon Tank, Natural Gas
Heat Type: Baseboard, Hot Water
Heat Fuel Type: Natural Gas
Location
School Information
Middle Jr High School: Wallace
Intermediate School: Per Board of Ed
High School: Crosby
Elementary School: H.S. Chase
Location Information
State: Connecticut
Directions: E. Main to Meriden Rd to Woodtick.
County: New Haven
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 2,174
Stories: 2.0
Lot Size: 1.23 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: 1969
County: New Haven County
APN: 1378989
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 1
Around this home
Schools
H. S. Chase School
Public PreK-5 • Assigned • 0.8mi
5/10
Michael F. Wallace Middle School
Public 4-8 • Assigned • 1.9mi
4/10
Crosby High School
Public 9-12 • Assigned • 1.9mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Waterbury, CT • 06705
Average low and high temperatures (°F)
32
18
35
21
51
32
60
41
68
50
79
60
83
66
79
59
73
56
64
45
51
36
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$340,000 – $411,000
Reach more buyers when you sell with Redfin. Save up to $3,572 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.