Joseph Racanelli
80 Englewood Avenue, Waterbury, CT, 06705
15 rooms
7 beds
3 Full baths
1920
3updown - Unit(s) per Floor
2,976 sqft
"This exceptional property presents an enticing investment or owner-occupied opportunity! Nestled in the vibrant East End near Hamilton Park, this 3-family home boasts recent upgrades including a new roof installed in 2016, fire-rated doors, newer garage doors, thermal pane replacement windows, a renovated 1st floor, and lead abatement. The charming porches have been rebuilt, complemented by fresh paint throughout the property. Each unit showcases updated kitchens and baths, along with a blend of refinished hardwood and luxury vinyl plank flooring. The first floor has undergone a recent transformation, now ready for an owner-occupant or a new tenant at competitive market rents. Garage rented $600/mo. The second and third floors are currently leased and impeccably maintained. Featuring 5 rooms with 2 bedrooms on the first and second floors, and 6 rooms with 3 bedrooms on the third floor, this property offers versatility and income potential. Pro forma market rents and strategic expense management yield a promising CAP rate exceeding 9.6%. Beyond its financial appeal, this property enjoys a prime location near diverse amenities including pools, recreational facilities, dining options, convenient access to the bus line, Brass Mill Mall, major hospitals, medical facilities, and the Metro-North station. Commuting is a breeze with easy access to main highways I-84 and Rt. 8. Don't miss! Schedule a visit today to explore the potential this property holds.
Status:
Under Contract
Type:
Multi-family
Units:
3
Zoning:
rm
Garage:
3-car Detached Garage, Paved, Off Street Parking, Driveway
Heating:
Baseboard, Hot Air
Cooling:
Window Unit
Basement:
Full, Shared Basement
Parking:
6-car
Acreage:
0.13
Est. Taxes:
$9,426
Assessment
$173,950
Lot Description:
Level Lot
Elementary School:
Gilmartin
High School:
Per Board of Ed
Days on Market:
69
MLS #:
24006915
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Jayson Kemp, Five Stars Realty Email: jayson@5starsmail.com