$395,000

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165 Highland Avenue, Waterbury, CT, 06708

165 Highland Avenue, Waterbury, CT, 06708
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2 Full / 2 Half baths

1950

3,613 sqft

Investors take notice. A mixed-use property located at the desirable area in Waterbury. A successful eat-in and take out Restaurant on the ground floor. Lease will expire in 2029. Four bedrooms / two bathrooms residential unit on the 2nd floor with a detached garage. Newer roof, large deck. Rents are below market; 2nd floor lease will expire in July 2024. Current annual gross income is $43,800 and tenants pay their own utilities. 2nd floor rent will raise to $2,300 after July 2024. The potential annual gross income will be $55,200. Great income property. Don't miss this investment opportunity!

Status:

Active

Type:

Commercial

Units:

2

Zoning:

CN

Frontage:

Paved Road

Garage:

Detached Garage

Heating:

Baseboard

Cooling:

Window Unit

Acreage:

0.13

Est. Taxes:

$8,979

Assessment

$165,690

Current Use

Mixed Building

Utilities

Electric,Gas

Lot Description:

N/A

Days on Market:

41

MLS #:

170620273

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Kimmy Hom, New England Realty Assoc LLC Email: chun8191@gmail.com