4 John Street, Waterbury, Connecticut 06708

$599,900
12,916
SqFt
List Price
$599,900
Status
SHOW
MLS#
170197920
Year Built
1905
Levels
4
Acres
0.11
Living Area
12,916

Property Description

This is an opportunity to own 2, turn-key, corner buildings in the Brooklyn neighborhood of Waterbury with a 12+% CAP rate. 4 John St is a residential apartment building w/1 commercial space used for owner's storage. The apartments are 100% occupied. The property features a new 50-year metal roof, windows and renovated apartments - all w/in the past 7 years. The building has a sprinkler system + owner pays heat, hot water and electric. 872 Bank St is a single-story retail strip that is 100% occupied by a grocery store, barber, tattoo shop (2 spaces), Marshal's office and cell phone store. Each commercial space has it's own bathroom and tenants pay their own utilities. The grocery store is on a lease, the others are month to month. There is also a detached-garage in the rear + shared driveway and some parking between the two buildings. This is a good opportunity to own a turn key property w/some value add opportunity and 12+% CAP. DO NOT WALK PROPERTY W/OUT an AGENT. Location is by bus stop, Church, public transportation, highway access, downtown, shopping and school being renovated.

Additional Information

Taxes
$8,438
Lot Size
4,791
Flooring
Vinyl, Wood
Heating
Baseboard
Fuel Type
Electric, Natural Gas
Cooling System Type
None
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Exterior Features
Lighting, Sidewalk
Parking Spaces
5

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway NE Prop..