731 South Main
Waterbury, CT 06706
- 11 beds
- 5 baths
- 4,128 sqft
- 3,049 sqft lot
- $151 per sqft
- 1895 build
- – on site
Here is the money maker you have been looking for. The monthly rent roll is $6,800/mo. The gross annual rent is $81,600 a year. The gross annual return on investment is 13.1 percent. Try to get that kind of return in your money market account or your 401k! The building is comprised of Three 3 bedroom units and 2 store fronts. The interior and exterior of the building as well as all of the apartments have been fully remodeled and are rented. The left side store front is currently in the process of being remodeled. This space has been rented for $1,000/mo (tenant will take occupancy once the renovations are complete). The right side store front is also currently in the process of being remodeled. This space has been rented for $1,100/mo. (tenant will take occupancy once the renovations are complete). The 1st floor unit pays $1,500/mo. The 2nd floor unit pays $1,600/mo. The 3rd floor unit pays $1,600/mo. The furnaces and hot water heaters are new. All utilities are separately metered. The tenants pay their own gas and electric. If you are looking for a solid investment with an excellent ROI, you found it here!
Listing courtesy of SMART_MLS / Rob Clermont / Clermont Real Estate
Last checked:
Checking…
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Last updated Dec 11, 2024
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MLS# 24056862 —
The Building
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Year Built:1895
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Year Built Source:Owner
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New Construction Type:No/Resale
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Style:Other
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Roof Information:Shingle
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Attic:Yes
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Attic Description:Unfinished, Pull-Down Stairs
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Exterior Siding:Vinyl Siding
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Foundation Type:Brick
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Basement Description:None
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SqFt Total:4128
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SqFt Est Heated Above Grade:4128
Room Dimensions
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Living Area SqFt Per Public Record:4128
Location
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Directions:GPS Friendly
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Neighborhood:South End
The Property
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Parcel Number:1388641
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:CG
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Acres:0.07
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Acres Source:Public Records
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Lot Description:City Views
Listing Agent
- Contact info:
- Agent phone:
- (203) 675-6902
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:13989
Beds
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Beds Total:11
Baths
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Total Baths:5
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Full Baths:3
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Half Baths:2
The Listing
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Hot Air
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Heat Fuel Type:Natural Gas
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Cooling System:None
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage/Parking:None, On Street Parking, Off Street Parking, Driveway
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Parking Total Spaces:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/29/24
Oct 29, 2024
|
Listed / Active | SMART_MLS | $625,000 |