360 Pine Street, Waterbury, CT, 06704
11 rooms
5 beds
2 Full baths
1900
Units on different Floors
1,800 sqft
Welcome to 360 Pine St, a fully occupied two-family property directly across from Fulton Park, offering investment potential. This multi-family home is sold as-is and provides a significant opportunity to increase income with some TLC. Currently rented below market rates, this property presents a great chance to make improvements and capitalize on higher rental income. The first-floor unit features 1 bedroom, a large living room, an eat-in kitchen, and a full bathroom, offering comfortable living spaces. The second unit covers the second and third floors, consisting of 4 bedrooms, an eat-in kitchen, and a full bathroom. The property boasts a private driveway, easy maintenance yard space, and a newer metal roof, with a little cosmetic work and updates, these units can be positioned to command higher rents in the competitive Waterbury market. Situated directly across from Washington Park, tenants will enjoy access to green spaces, sports courts, playgrounds, and more, enhancing the property's appeal. Local rental data shows 1-bedroom units in the area typically renting for around $1,100 and 4-bedroom units fetching up to $1,850, providing an excellent opportunity to raise the current rent roll after improvements.
Status:
Under Contract
Type:
Multi-family
Units:
2
Zoning:
RM
Garage:
None, Off Street Parking, Driveway
Heating:
Hot Water
Cooling:
Attic Fan
Basement:
Full
Parking:
4-car
Acreage:
0.1
Est. Taxes:
$3,409
Assessment
$68,950
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
22
MLS #:
24054246
Community Info
School Info
Walk Score
Mass Transit
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Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Mustafa Muaremi, Regency Real Estate, LLC Email: mustafa@regencyhomesct.com