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132 Griggs Street Waterbury, CT 06704
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Key Details
Sold Price $137,900
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,665 sqft
Price per Sqft $51
MLS Listing ID 170312412
Sold Date 10/05/20
Style Units on different Floors
Bedrooms 6
Full Baths 3
Year Built 1898
Annual Tax Amount $3,222
Lot Size 5,662 Sqft
Property Sub-Type 3 Family
Property Description
This is an opportunity to own a 3-family with 12+% CAP rate + 29+% ROI. Each apartment is 2 bed/1 bath. There are washer/dryer hook-ups and some unit updates throughout (kitchens, baths). The siding, windows and roof are in average condition. Utilities are separate and tenant paid – with updated electrical to circuit breakers. Heat, hot water and cooking are electric. There are a couple off-street parking spaces available. Value add = update units + increase rents for a 14+% CAP rate. This is a low maintenance option to start investing or to add to your portfolio. This property can be purchased with additional assets in Waterbury.
Location
State CT
County New Haven
Zoning RM
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Awnings, Porch, Sidewalk
Parking Features Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with George Herchenroether • Dave Jones Realty, LLC