30 Howard Street Under Contract

Waterbury,CT 06705

$ 849000

0 Bed

2 Baths

5888 SqFt


Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,888 sqft

Price per Sqft $144

MLS Listing ID 24069234

Full Baths 1

Half Baths 1

Year Built 1989

Annual Tax Amount $15,664

Lot Size 0.270 Acres

Property Description

All units have the same layout consisting of two bedrooms, one and a half bathrooms, and a porch. Despite the attractive unit mixes, they are rented for only 50 percent of the current market value. Half of the units have semi-finished basements in place of an attached garage, but all units have laundry hookups on that bottom most level. The proforma rents in place will yield over a 15 return on investment assuming an $850,000 purchase price, 75 percent loan-to-value, 25 year amortization, and 6.5 percent interest.

Location

State CT

County New Haven

Zoning RM

Interior

Heating Baseboard

Cooling Window Unit

Exterior

Parking Features Paved,Parking Lot,Assigned Parking

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Sloping Lot

Story 2

Sewer Public Sewer Connected

Water Public Water Connected

View More
Favorite Go Tour