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KIRK & STACY WEINGARTEN

stacy.weingarten@joinreal.com +1(941) 432-4141

$450,000

Est. payment - /mo

9 Beds

5 Baths

3,454 SqFt

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OPEN HOUSE

Sat Nov 30, 12:00pm - 2:00pm

UPDATED:

11/25/2024 05:34 PM

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,454 sqft

Price per Sqft $130

MLS Listing ID 24060882

Style Units on different Floors,4updown - Unit(s) per Floor

Bedrooms 9

Full Baths 5

Year Built 1874

Annual Tax Amount $5,838

Lot Size 4,356 Sqft

Property Description

This exceptional 4-unit property offers the perfect combination of immediate rental income potential and long-term value appreciation, all in a neighborhood poised for exciting redevelopment. The first-floor unit is a spacious 3-bed, 2-bath with a large living room, kitchen, & generously sized bedrooms. On the second floor, Unit 2F features a comfortable 2-bedroom, 1-bath layout. At the same time, Unit 2R offers a flexible 1-bed, 1-bath design with a dining area that can easily be converted into a second bedroom, maximizing its rental potential. The third-floor unit shines with a 3-bed, 1-bath, a large living room, an eat-in kitchen, and a newly installed air handler for modern efficiency and comfort. Current rents under Market value- market rents in the area range from $1,200-$1,500 for 1-bedroom units, $1,400-$1,800 for 2-bedroom units, and $1,800-$2,400 for 3-bedroom units, providing a strong foundation for steady cash flow. The property has been meticulously maintained, with significant updates completed just 6 years ago, including new siding, roof, & a rear deck that adds both durability and curb appeal. Its oversized, driveway-like frontage offers privacy and ample parking for tenants and guests, while the detached garage provides bonus storage or workshop space, enhancing tenant satisfaction. Located on a quiet city street that is part of an area undergoing transformative redevelopment.

Location

State CT

County New Haven

Zoning CBD

Rooms

Basement Full

Interior

Heating Hot Air

Cooling Ceiling Fans

Exterior

Garage None, Paved, Off Street Parking, Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description City Views, Level Lot

Foundation Brick, Concrete

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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Listed by Mustafa Muaremi • Regency Real Estate, LLC

6 Grove Court Waterbury, CT 06710

KIRK & STACY WEINGARTEN

KIRK & STACY WEINGARTEN

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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