385/389 Congress Avenue

Brooklyn, Waterbury, CT 06708

$550,000
12
beds
6
Baths
Multi Family Townhouse

AGENTS

Douglas Elliman
Douglas Elliman
Source of Data:
SMART MLS
SMART MLS

Property Description

7 UNITS situated in Waterbury's Historic West Side along the Town Plot south eastern edge. Prime Real Estate Investment. True Wealth Builder. The keys to this property offer not only a great place to call home but also the key to financial independence and prosperity. Incredible opportunity to purchase this estate that has been owned by the same family for generations. Stately stucco sided 6 family building along with a lovely 2/3 bedroom single family home with large expansive basement. Huge detached & heated 3 car garage with walkout on lower level coupled with a gorgeous privately situated yard to the rear of the property. All vinyl replacement windows on both buildings. The 6 family has fully enclosed rear porches along with complete enclosed front stairwells. Each of the 6 spacious apartments has 2 bedrooms, high ceilings, and a roomy walk-in closet. Many great attributes abound this classic equity machine. Great for those relocating and want their own residence while benefiting from the large rent roll of the 6 plex and 3 car garage. Investors this is the type of A-1 investment not often seen in residential Realty in this price point. Location, Income, and Flexibility. The (projected) market rent roll is app. $7500+/month + ; $90k+/annual . Current income is much lower with current owner. Minutes to RT 8 & I84. Subject to probate court approval. Inspections will be for buyers informational purposes only. Sold As Is... Cash or commercial mortgage only....
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PROPERTY DETAILS

  • Interior
    6,861 Sq Ft.
  • Exterior
    .3 Acres
  • Property Type
    Multi Family Townhouse
  • MONTHLY REAL ESTATE TAX
    $725
  • ANNUAL REAL ESTATE TAX
    $8,699
  • Year Built
    1913
  • MLS/Listing ID
    170437876

Amenities

  • Terrace
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BUILDING/PROPERTY DETAILS

  • Garage - Detached
  • Frame
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Listing Courtesy of Anthony J Greco JR Real Estate

LOCATION

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TRAVEL TIMEFROMBrooklyn
TYPE OF TRANSPORTATION