Homes for sale - 140 Orange Street, Waterbury, CT 06704

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Akiba Watts

soldbyakiba@gmail.com +1(475) 256-8828

$ 407,500

Est. payment | -/mo

6 Beds

3 Baths

1,678 SqFt

Save

$ 407,500

Est. payment | -/mo

Save

6 Beds

3 Baths

1,678 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,678 sqft

Price per Sqft $242

MLS Listing ID 24065569

Style Units on different Floors

Bedrooms 6

Full Baths 3

Year Built 1900

Annual Tax Amount $2,949

Lot Size 5,227 Sqft

Property Description

This fully-occupied 3-family property in Waterbury is an exceptional investment opportunity with a solid 7.2 percent cap. Featuring large, 800 SF 2-bedroom apartments on each floor with below-market rents. Which means huge upside potential for future rent increases! Each unit has electric heat and hot water, while gas is used for stoves, ensuring separate and tenant-paid utilities. With a low expense ratio and easy-to-manage structure, this property is perfect for both investors seeking strong cash flow and owner-occupants looking to maximize income potential. Don't miss out on this high-yield opportunity!

Location

State CT

County New Haven

Zoning RM

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard

Cooling Window Unit

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Sloping Lot

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Zachary Burnett • Sky Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(475) 256-8828

soldbyakiba@gmail.com

140 Orange Street Waterbury, CT 06704