Fully occupied great cash flow fully occupied 3 Family property now available. Each unit has 4 Bedrooms and 1 Full bath and has had many improvements. 1st floor rent is $1100 2nd and 3rd Floors are $1600 each. Off street parking, laundry hook ups, and more. Opportunity to Value add by raising the first floor rent to market rents to really make this one a cash cow. Dont wait make your offer today!
Multi-familyProperty Type
1900Year Built
3,049 sq ftLot Size
$116Est. Price/Sq.Ft.
2 spacesParking
Listed by Ben Weinberg• Higgins Group Bedford Square
Bought with Ben Weinberg• Higgins Group Bedford Square
Source:Smart MLS #170597075
Redfin Estimate
$469,789
$135K since sold in November 2023$17K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.1% lower than the average sale price ($475K) of 6 comparable homes.
Great investment opportunity with this cash flowing 3 family building! 3 fully occupied units just under fair market rent, with two 4 bedroom 1 bath units and one 3 bed 1 bath unit all on separate floors. Property is located close to grocery stores, multiple bus stops, and a short drive to the Brass City Mall! Could be purchased as a package with these properties; MLS#170459669, MLS#170459668, MLS#170459667, MLS#170459665
RENT. #1
Feb 3, 2022
Price Changed
$900
$0/sq ft
Smart MLS #170374198
Oct 30, 2021
Listing Removed
—
Jun 12, 2021
Listing Removed
—
Mar 12, 2021
Listed
$199,900
$49/sq ft
Public Records
Aug 14, 2012
Sold
$1,562,536
$385/sq ft
Smart MLS #W1044842
Feb 29, 2008
Listed
$39,900
$10/sq ft
Smart MLS #G452037
Sep 7, 2007
Listing Removed
—
Mar 7, 2007
Listed
$240,000
$59/sq ft
Smart MLS #G444311
Mar 7, 2007
Listing Removed
—
Dec 11, 2006
Listed
$184,900
$46/sq ft
Public Records
Jun 6, 2006
Sold
$200,000
$49/sq ft
Smart MLS #W1021856
Nov 19, 2004
Listed
$133,900
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,884 (+137.8%)
$6,370 + $65,310
$71,680
2022
$1,633
$6,390 + $20,730
$27,120
2021
$1,633
$6,390 + $20,730
$27,120
2020
$1,633
$6,390 + $20,730
$27,120
2019
$1,633
$6,390 + $20,730
$27,120
2018
$1,633 (−1.7%)
$6,390 + $20,730
$27,120
2017
$1,662
$6,390 + $21,220
$27,610
2016
$1,662 (+5.7%)
$6,390 + $21,220
$27,610
2013
$1,573
$6,390 + $21,220
$27,610
2011
$1,573
$6,390 + $21,220
$27,610
Tax history for 7 Ridgewood St
Year
Property tax
Land + Additions
Assessment*
2023
$3,884 (+137.8%)
$6,370 + $65,310
$71,680
2022
$1,633
$6,390 + $20,730
$27,120
2021
$1,633
$6,390 + $20,730
$27,120
2020
$1,633
$6,390 + $20,730
$27,120
2019
$1,633
$6,390 + $20,730
$27,120
2018
$1,633 (−1.7%)
$6,390 + $20,730
$27,120
2017
$1,662
$6,390 + $21,220
$27,610
2016
$1,662 (+5.7%)
$6,390 + $21,220
$27,610
2013
$1,573
$6,390 + $21,220
$27,610
2011
$1,573
$6,390 + $21,220
$27,610
*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
3,049 Sq. Ft.
Year renovated
1945
Sq. Ft.
4,056
Year built
1900
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1376552
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
RM
Medium Density Multi-Family Residential District
The RM District is established to provide for a variety of housing choices and limited nonresidential uses. The District allows for moderate density multi-family residences, townhouses, and Residential Campus Developments. Uses and Conditional Accessory Uses are permitted by Zoning Permit, Special Permit, or Special Exception approval as provided in of these Regulations.
Permitted uses
Include but are not limited to:
No uses permitted by right
Property details
Parking
Garage Information
Garage & Parking: Driveway
Parking Information
Parking Total Spaces: 2
Interior
Interior Information
Total Rooms: 18
Fireplaces Total: 1
Bathroom Information
# of Baths (Full): 3
Bedroom Information
Beds Total: 12
Room Information
Basement Description: Full
Has Attic
Attic Description: Crawl Space
Multi-Unit Information
Unit Count: 3
Total Rooms Multi Family: 18
Total Number of Units: 3
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Shingle
Building Information
Foundation Type: Concrete
Construction Description: Frame
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 3 Family
Living Area SQFT Per Public Record: 4056
Financial
Assessments Information
Assessed Value: $71,680
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Domestic
Heat Type: Baseboard
Heat Fuel Type: Electric, Natural Gas
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Directions: gps
County: New Haven
Public facts
Beds: 9
Baths: 3.0
Sq. Ft.: 4,056
Stories: 3.0
Lot Size: 3,049 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: 1945
County: New Haven County
APN: 1376552
Home facts updated by county records on Jul 13, 2023
Around this home
Schools
Driggs School
Public PreK-5 • Assigned • 0.2mi
3/10
West Side Middle School
Public 6-8 • Assigned • 1.5mi
4/10
John F. Kennedy High School
Public 9-12 • Assigned • 1.3mi
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 • 06710
Average low and high temperatures (°F)
33
19
36
20
52
32
62
42
69
51
81
60
84
66
80
59
75
56
65
46
52
36
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$449,000 – $543,000
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