174 Willow Street, Waterbury, CT 06710

$2,700,000
31
BD
31
BA
22,374
SqFt
List Price
$2,700,000
MLS#
24020197
Status
ACTIVE
Type
Multifamily
City
Waterbury
County
New Haven
Bedrooms
31
Bathrooms
31
Living Area
22,374
Year Built
1910

Property Description

Underperforming asset with great upside. Large, corner mixed-use building with 35 total Units consisting of: (4) retail units and (31) apartments. 3/4 retail units are occupied by the supermarket (2 spaces) and smoke shop. The 31 apartments unit mix is (1) 2 bed, (9) 1 beds and 21 studios. Many rents are below market = with a lot of room to increase the income. The heat and hot water are gas and owner paid. The electric is separate and tenant paid (but included in some of the program rents). 4-story elevator building. Roughly 60% of the units were renovated in the last 1-2 years. Security system installed. On-Street parking only and no yard = low/inexpensive exterior maintenance. Great opportunity for value add asset with good ARV.

Additional Information

Exterior
Brick
Basement
Full, Unfinished
Cooling
Window Unit
Sewer
Public Sewer Connected

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Amanda Faroni-Sheehan from Oxford Realty

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