$3,960,000 ($393.95 per sqft)

Est. Mortgage $19,506/mo *

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Listing courtesy of Amanda Faroni-Sheehan (203) 314-4219, Oxford Realty (203) 314-4219


985 Bank Street, Waterbury, (Brooklyn Center), CT, 06708

985 Bank Street, Waterbury, (Brooklyn Center), CT, 06708

5 rooms

1 Full baths

1920

Units on different Floors, Units are Side-by-Side

10,052 sqft

Don't miss this Brooklyn Center multifamily portfolio consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand.


Status:

Active

Town:

Waterbury

Type:

Multi-family

Laundry Remarks:

Coin Op Laundry,Common Laundry Area

Units:

44

Zoning:

RH

Garage:

Paved, Off Street Parking, Driveway

Heating:

Hot Water

Cooling:

Window Unit

Basement:

Full, Unfinished

Parking:

40-car

Acreage:

0.83

Est. Taxes:

$31,165

Assessment

$692,860

Lot Description:

Corner Lot,Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

24

MLS #:

24168567


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School Info

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