174 Willow Street Active Save Request In-Person Tour Request Virtual Tour
Waterbury,CT 06710
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 22,374 sqft
Price per Sqft $107
MLS Listing ID 24087730
Style Other
Bedrooms 31
Full Baths 31
Year Built 1910
Annual Tax Amount $63,218
Lot Size 6,098 Sqft
Property Sub-Type 5 Family+
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 beds, (9) 1 bed 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.
Location
State CT
County New Haven
Zoning RM
Rooms
Basement Full,Unfinished
Interior
Heating Radiant
Cooling Window Unit
Exterior
Exterior Feature Sidewalk,Porch,Lighting
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot,Level Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed