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26 Albion St

3 Unit Block of Flats £312,198 (£104,066/Unit) 9.34% Net Initial Yield Waterbury, CT 06705

Executive Summary

This well-maintained 3-unit property at 26 Albion St has great income potential, with each unit featuring 3 bedrooms and 1 bathroom. The property boasts separate and tenant-paid utilities, with electric baseboard heat and hot water as well as gas for stoves, ensuring a low-maintenance, efficient operation. Key upgrades include replaced floor joists, enhancing the structural integrity of the property. With rent upside potential, this is a great opportunity for investors looking to increase returns through strategic improvements or market adjustments. Whether you're adding to your investment portfolio or seeking a property with long-term growth potential, 26 Albion is ready to deliver.

Property Facts

Price £312,198
Price Per Unit £104,066
Sale Type Investment
Net Initial Yield 9.34%
No. Units 3
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 4,167 SF
Number of Floors 3
Year Built 1918

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM (105 - 3-Family Residence)
RM (105 - 3-Family Residence)
  • Listing ID: 34082284

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 26 Albion St, Waterbury, CT 06705

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