New Listing - 12/30/2024

$407,500 ($242.85 per sqft)

Est. Mortgage $2,167/mo *

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140 Orange Street, Waterbury, CT, 06704

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12 rooms

6 beds

3 Full baths

1900

Units on different Floors

1,678 sqft

This fully-occupied 3-family property in Waterbury is an exceptional investment opportunity with a solid 7.2 percent cap. Featuring large, 800 SF 2-bedroom apartments on each floor with below-market rents. Which means huge upside potential for future rent increases! Each unit has electric heat and hot water, while gas is used for stoves, ensuring separate and tenant-paid utilities. With a low expense ratio and easy-to-manage structure, this property is perfect for both investors seeking strong cash flow and owner-occupants looking to maximize income potential. Don't miss out on this high-yield opportunity!

Status:

Active

Type:

Multi-family

Units:

Zoning:

Heating:

Baseboard

Cooling:

Window Unit

Basement:

Full, Unfinished

Acreage:

0.12

Est. Taxes:

$2,949

Assessment

$78,120

Lot Description:

Sloping Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

MLS #:

24065569

Community Info

School Info

Walk Score

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140 Orange Street, Waterbury, CT, 06704

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