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$495,000

  • Sold
  • Closed
  • Multi-Family
  • 11 Total Beds
See This Home
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Great turn-key investment opportunity available to both primary homeowners, as well as investors. This 4-family property has a very strong rent roll and a vacant unit available for primary homeowners. This property yields a 22% return at full market values, amounting to a yearly net cash flow of $39,000. There are three 3-bedroom units and one 2-bedroom unit. The high bedroom counts provide significant upside in lease up. Three of the four units have undergone substantial renovations over the last 2 years. The property also features updated electric panels, newer mechanicals, off-street parking, and a BRAND NEW ROOF, with tenant paid utilities. FHA eligible.

Full Property Details for 1215 Bank St

General

  • Sold For: $495,000
  • Taxes: (July 2024-June 2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24055812
  • Added to Site: 557 day(s) ago

Interior

  • Number of Rooms: 19

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 11

Parking

  • Parking: None

Location

  • County: New Haven
  • Neighborhood: Town Plot
  • Driving Directions: 1215 bank st, Waterbury, Ct Park street side

School Information

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Community

  • Community Name: Town Plot

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Upright Tank

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: 4updown - Unit(s) per Floor
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Concrete Floor
  • Roof: Shingle
  • Square Feet: 3,182
  • Above Ground: 3,182 Sq. Ft.
  • Year Built: 1890

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.18
  • Zoning: RM
  • Lot Description: N/A

Financial Considerations

  • Assessment Amount: $207,340
  • Tax Year: July 2024-June 2025

Disclosures and Reports

  • Property ID: 1391781

Listed by Realty Exclusive LLC, Anthony Velez
Sold by King Realty Group LLC, Christopher Germosen

Listing agent

— 1215 Bank St —

  • Anthony Velez

    Realty Exclusive LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1215 Bank St

School District:Waterbury School District
NameGradesDistance
Duggan School
952 Bank Street, Waterbury, CT 06708
6-80.2 mi
John F. Kennedy High School
422 Highland Avenue, Waterbury, CT 06708
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1215 Bank St

Date
Details
Price
Change
Source
12/11/2024
Sold
$495,000
—
MLS
10/24/2024
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Realty Exclusive LLC, Anthony Velez
Sold by King Realty Group LLC, Christopher Germosen

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1215 Bank Street, Waterbury, CT 06708 (MLS# 24055812) is a Multi-Family property that was sold at $495,000 on December 11, 2024. Want to learn more about 1215 Bank Street? Do you have questions about finding other Multi-Family real estate for sale in Waterbury? You can browse all Waterbury real estate or contact a Coldwell Banker agent to request more information.