This is an opportunity to own a 3-family + 1 car-detached garage with 12+% CAP rate + 28+% ROI. The 1st and 2nd floor are 3 bed/1 bath each and the 3rd floor is a 2 bed/1 bath unit - the property is 100% occupied. There are washer/dryer hook-ups and some unit updates throughout (kitchens, baths. The siding, windows and roof are in good/average condition. Utilities are separate and tenant paid - with updated electrical to circuit breakers. Heat, hot water and cooking are a mix of gas and electric. There is no driveway/off-street parking but there is a one-car detached garage at street level. Value add = update units + increase rents for a 15+% CAP rate. This is a LOW expense + LOW maintenance option to start investing or to add to your portfolio. This property can be purchased with additional assets in Waterbury.
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.
