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Off market
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  • Price Unknown

    241 Lincoln St, Waterbury, CT 06710

    12beds
    4,944sqft
    MultiFamily
    Built in 1909
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,222 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,222/mo

    Zestimate® history
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    $2,222/mo

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    What's special

    Investors take notice Opportunity to own a nice six-unit investment property in the Waterville area of Waterbury off Thomaston Ave. This property has been well maintained and updated over the last few years - with newer windows, vinyl siding and rear porches. The unit mix consists of: (4 1 bed units and (2 2 bed units. It is currently 100% occupied by tenants. There are various unit updates throughout - hardwood floors, fixtures, kitchens and baths + good size units. Each apartment has a washer/dryer hook-up. The building has gas heat and hot water - separate and tenant paid. The electric is updated and also separate/tenant paid. There is a huge paved parking area on one side with ample off-street parking. Good investment opportunity with cash flow - 22% ROI. Value add opportunity = rents are below market. Increase for 12% CAP proforma.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard, Gas
    Cooling
    • None
    Appliances
    • Laundry: All Units Have Hook-Ups
    Features
    • Basement: Unfinished, Full
    • Attic: Crawl Space
    Interior area
    • Total interior livable area: 4,944 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Patio & porch: Porch-Enclosed
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 10,018 Square Feet
    • Features: Level
    Details
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side, Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & HOA

    Location
    • Region: Waterbury

    Financial & listing details

    • Annual tax amount: $7,000
    • Total actual rent: 279900

    Price history

    DateEventPrice
    2/24/2021Sold$240,000+220%$49/sqft
    Source: Smart MLS #170356336 Report a problem
    1/12/2021Listing removed--
    Source: Smart MLS #170356336 Report a problem
    10/21/2010Sold$75,000$15/sqft
    Source: Smart MLS #V985612 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Willow Plaza

    Nearby schools

    GreatSchools rating