29
See all 29 photos
$1,500,000
Est. payment /mo
16 Baths
12,480 SqFt
New
197 South Leonard Street Waterbury, CT 06708
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,480 sqft
Price per Sqft $120
MLS Listing ID 24103090
Full Baths 16
Year Built 1900
Annual Tax Amount $24,323
Lot Size 6,969 Sqft
Property Description
Fantastic S End investment opportunity that's turn key with upside. This corner building is a total of 16 units that feature 2 beds, 1 beds and studio units. Many of the units offer a variety of renovations including new flooring, paint, fixtures, kitchen cabinets, counters, appliances and updated bathrooms. The hallways have been recently painted with new flooring as well. All utilities are separate & tenant paid - gas heat and hot water + separate & tenant paid electrical. There is fire monitoring throughout the building. There is a 5-car garage in back and some off-street parking for cars. Low maintenance with super on site and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 12.8+% ROI pro-forma. This property can be purchased as part of a larger portfolio sale.
Location
State CT
County New Haven
Zoning IG
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Gutters, Lighting
Parking Features Off Street Parking, Driveway
Utilities Available Electric, Gas, Phone Available, Cable Available
Roof Type Flat
Building
Lot Description Corner Lot, Level Lot
Story 4
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Amanda Faroni-Sheehan • Oxford Realty