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709 S Main Street

Waterbury, CT 06706
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 13 Days
  • MLS #: 170456497
Under Contract
UPDATED: 53 min ago
$725,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,400
    SQFT
  • $134
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1903
County:
Area:

School Ratings & Info

Description

Great Investment opportunity! This 7 Unit Mixed Use Property has gone through extensive renovations over the 30+ years by this same owner. 6 Fully Occupied Rental Units on the Upper Levels & 1 Retail/Restaurant on ground level w/a 5 year lease until 2026. All tenants are current on rents. Each residential unit has its own gas furnace & ability for w/d hookups. (1) 3 BDRM & (5) 2 BDRM units. So easy to maintain, due to the pride & dedication of the seller. Plenty of off street parking for the tenants. Restaurant pays a portion of the trash removal (currently $260/month) on top of their current monthly rent of $1,600, increasing to $1,700 (Mar 22 - Mar 24) then to $1,900 (Mar 24 - Mar 26). That alone pays for the building upkeep! 2 New C/Air units installed for restaurant in 2020, New exhaust hood in 2021. New Front Faade completed 2021. Add this property to your investment portfolio or start out with this one, you won't be disappointed. Seller will be on hand for all showings for more information, too much to list here! Drive by, if interested book a showing! Also listed as MLS# 170456501. Don't miss out on this opportunity!

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-19T21:09:52.72.
www.mappmyhome.com/homes/124450286
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709 S Main Street Waterbury, CT 06706

  • Price: $725,000
  • Status: Active Under Contract
  • On Site: 13 Days
  • Updated: 53 min ago
  • MLS #: 170456497
0
Beds
0
Baths
0
½ Baths
0.21
Acres
5,400
SQFT
$134
$/SQFT
1903
Built
Neighborhood:
South End
County:
New Haven
Area:
Waterbury
Property Description
Great Investment opportunity! This 7 Unit Mixed Use Property has gone through extensive renovations over the 30+ years by this same owner. 6 Fully Occupied Rental Units on the Upper Levels & 1 Retail/Restaurant on ground level w/a 5 year lease until 2026. All tenants are current on rents. Each residential unit has its own gas furnace & ability for w/d hookups. (1) 3 BDRM & (5) 2 BDRM units. So easy to maintain, due to the pride & dedication of the seller. Plenty of off street parking for the tenants. Restaurant pays a portion of the trash removal (currently $260/month) on top of their current monthly rent of $1,600, increasing to $1,700 (Mar 22 - Mar 24) then to $1,900 (Mar 24 - Mar 26). That alone pays for the building upkeep! 2 New C/Air units installed for restaurant in 2020, New exhaust hood in 2021. New Front Faade completed 2021. Add this property to your investment portfolio or start out with this one, you won't be disappointed. Seller will be on hand for all showings for more information, too much to list here! Drive by, if interested book a showing! Also listed as MLS# 170456501. Don't miss out on this opportunity!
Exterior Features

Construction Description Frame Foundation Type BrickStone Lot Description N/A Parking Total Spaces 0 Road Frontage Description Municipal StreetPaved Road Roof Information Flat

Interior Features

Cooling System None Heat Type Radiant Restrooms Number Of 8

Property Features

Bank Owned Property Yn No Commercial Category Residential Income Documents Available Lead Disclosure Electic Amperage 200 Flood Zone Yn No Garage Parking Info DrivewayOff Street ParkingParking Lot Heat Fuel Type Natural Gas Location Urban Possession Availability Negotiable Potential Short Sale Yn No Present Use Mixed Use Property Tax 12084 Sewage System Public Sewer Connected Sign Yn No Utilities Available ElectricGasCable Available Water Source Public Water Connected Zoning Cg

Listing information © 2022 Smart MLS
Listing provided courtesy of Dawn Rousseau of Showcase Realty, Inc..


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-19T21:09:52.72.
 
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