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ATTENTION INVESTORS!! Now is your chance to own a meticulously maintained three-family in the Hopeville section of Waterbury. The property was updated with 72 new thermopane windows, a newer roof, and maintenance-free vinyl siding. All three of the property's units have 2 bedrooms and a full bath, with beautiful woodwork throughout. The property features a detached three-car garage with electric openers, which can be rented out separately for additional income. All three units have separate electric and heating, with one water bill for all three. Currently, the property is owner and tenant-occupied, with one unit vacant. The rent is significantly below market rates. If the property was updated to market-rate rents, and the garages rented out separately, the property boasts an impressive 9.10% CAP rate based on current expenses. It is very hard to find a property as well kept, that will CASHFLOW as much as this one! Property is located in an opportunity zone, giving it great tax benefits. Potential Gross Income of *$46,800*. The second floor is viewable upon a second showing.

Property Details of 74 Tracy Avenue, Hopeville

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

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Listed by Justin Cabral and Stacy Hauser of West View Properties,LLC

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