Price Reduced 15.00%

$595,000

Under Contract

Est. Mortgage $2,892/mo *

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Price History

$700,000
5/27/2024

$675,000
6/3/2024

$630,000
6/11/2024

$595,000
6/23/2024

45 Long Hill Road, Waterbury, (Long Hill), CT, 06704

45 Long Hill Road, Waterbury, (Long Hill), CT, 06704
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3 beds

2 Full baths

1919

4,710 sqft

7.5% CAP - 7 Units + 3 car-garage in Long Hill Neighborhood. There is one 1 bed/1 bath unit and the larger building with six 2 bed/1 bath units. The property is 100% occupied. Three-car detached garage in back also rented and off-street parking. The utilities are separate and tenant paid - a mix of gas and electric. Most of the rents are below market = good upside for a 9% CAP/pro-forma. Minimal yard = low/inexpensive exterior maintenance. Great opportunity for value add asset.

Status:

Under Contract

Town:

Waterbury

Type:

Commercial

Units:

7

Zoning:

RM

Frontage:

Municipal Street

Garage:

Off Street Parking, Unassigned Parking, Unpaved

Heating:

Hot Air

Cooling:

Window Unit

Parking:

12-car

Acreage:

0.27

Est. Taxes:

$11,698

Assessment

$236,600

Current Use

residential

Permitted Use

residential

Utilities

Electric,Gas,Phone Available,Cable Available

Lot Description:

Level Lot

Days on Market:

113

MLS #:

24020711

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Amanda Faroni-Sheehan, Oxford Realty Email: amandafaroni25@gmail.com