197 South Leonard Street new

Waterbury,CT 06708

$ 1650000

0 Bed

16 Baths

12480 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,480 sqft

Price per Sqft $132

MLS Listing ID 24093151

Full Baths 16

Year Built 1900

Annual Tax Amount $24,323

Lot Size 6,969 Sqft

Property Description

Fantastic S End investment opportunity that's turn key with upside. This corner building is a total of 16 units that feature 2 beds, 1 beds and studio units. Many of the units offer a variety of renovations including new flooring, paint, fixtures, kitchen cabinets, counters, appliances and updated bathrooms. The hallways have been recently painted with new flooring as well. All utilities are separate & tenant paid - gas heat and hot water + separate & tenant paid electrical. There is fire monitoring throughout the building. There is a 5-car garage in back and some off-street parking for cars. Low maintenance with super on site and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 9+% ROI pro-forma. This property can be purchased as part of a larger portfolio sale.

Location

State CT

County New Haven

Zoning IG

Interior

Heating Baseboard

Cooling Window Unit

Exterior

Exterior Feature Sidewalk,Gutters,Lighting

Parking Features Driveway,Off Street Parking

Utilities Available Electric,Gas,Phone Available,Cable Available

Roof Type Flat

Building

Lot Description Corner Lot,Level Lot

Story 4

Foundation Masonry,Stone

Sewer Public Sewer Connected

Water Public Water Connected

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