9% CAP! 5 Units + 5 Car Garage Near Downtown | 35 William St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
9% CAP! 5 Units + 5 Car Garage Near Downtown 35 William St
5 Unit Block of Flats £332,541 (£66,508/Unit) 9.63% Net Initial Yield Waterbury, CT 06702
Investment Highlights
- 5 Units
- VALUE ADD
- Separate & Tenant Paid Utilities
- 5 Bay Garage
- All 1 bed, 1 bath Units
- Off-Street Parking
Executive Summary
Check out this 5 unit + 5 garage bay investment opportunity off of E Main St with 9.5+% CAP return. This property has all 1 bed, 1 bath units. The utilities are separate and tenant paid - all gas heat, HW and cooking. 2 units w/forced hot air and 3 units with baseboards. Also separate and tenant paid electric - panels in basement. Walk-up attic from 2nd floor. Large detached garage in rear w/5 bays - great for additional income $$. Above the garages is unfinished space that can be turned into office or additional storage for even more possibilities. Good opportunity for a cash flowing asset w/some value add opportunity - with 25+% pro-forma ROI.
Property Facts
| Price | £332,541 | Building Class | C |
| Price Per Unit | £66,508 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 4,431 SF |
| Net Initial Yield | 9.63% | Average Occupancy | 75% |
| No. Units | 5 | Number of Floors | 3 |
| Property Type | Residential | Year Built/Renovated | 1924/2019 |
| Property Subtype | Apartment | Parking Ratio | 4.96/1,000 SF |
| Apartment Style | Low Rise |
| Price | £332,541 |
| Price Per Unit | £66,508 |
| Sale Type | Investment |
| Net Initial Yield | 9.63% |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,431 SF |
| Average Occupancy | 75% |
| Number of Floors | 3 |
| Year Built/Renovated | 1924/2019 |
| Parking Ratio | 4.96/1,000 SF |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Rubbish Collection - Kerbside
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 5 | £841.13 | - |
1 of 1
Walk Score ®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | WATE-000296-000090-000481 | Improvements Assessment | £148,924 |
| Land Assessment | £27,386 | Total Assessment | £176,309 |
PROPERTY TAXES
Parcel Number
WATE-000296-000090-000481
Land Assessment
£27,386
Improvements Assessment
£148,924
Total Assessment
£176,309
zoning
| Zoning Code | RM (Residential) |
| RM (Residential) |
1 of 17
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
9% CAP! 5 Units + 5 Car Garage Near Downtown | 35 William St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.