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21 Middle Street, Waterbury, CT 06706
$245,000
21 Middle Street, Waterbury, CT 06706View this property at 21 Middle Street, Waterbury, CT 06706
21 Middle StreetWaterburyCT06706
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Property Description
Great four-unit property with over 4,600 sf to start or add to your portfolio or potentially purchase as an owner-occupier for down the road. Either way, there are currently 4 units with potential to yield even greater incomes. Current rents are below market due to tenants being mostly long term. While being offered at about an 8.5% CAP rate, there is potential to easily get to 12%+ with market rents and/or by adding garage space to the rent roll (2 garages are currently utilized by the owner). The property features 4 units; three of which include 5 rooms total, two bedrooms (or 3 if living room is used as a bed room) and a bath, and the lower-level unit which includes a large living/dining room, bedroom, bath, and a bonus room which could potentially be utilized as an additional bedroom. Separate utilities are tenant paid and some units have their own laundry hook-ups. Units 1-3 have gas boilers and gas water heaters, while the lower level unit is electric. Large fenced in area which would be great for containing any pets or even a garden area, huge parking lot which could easily fit 8 cars and up to 12, and an additional 4 car detached garage are other features that make this property very unique. The roof is about 7 years old and mechanicals are in working order. As far as location goes - this property is on a side street with mostly single family homes but still close to the highways, bus lines, shopping, schools, and anything else a tenant or owner-occupier may need.
Full Property Details
Full Property Details for 21 Middle St
General
- Sold For: $245,000
- Taxes: $6,113 (July 2021-June 2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 170430132
- Added to Site: 953 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Breezeway, Garden Area, Gutters, Porch, Porch-Enclosed
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking: Detached Garage, Off Street Parking, Parking Lot
- Garage Description: Detached Garage, Off Street Parking, Parking Lot
Location
- County: New Haven
- Neighborhood: Hopeville
- Driving Directions: South Main St to Verzier St. to Middle St. or Piedmont St. to Middle St.
School Information
- Elementary School: Hopeville
- Middle School: West Side
- High School: John F. Kennedy
Community
- Community Name: Hopeville
Heating & Cooling
- Cooling Type: Ceiling Fans
- Heating Type: Baseboard, Radiator, Electric, Natural Gas
- Heating Fuel: Electric, Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Construction Status: No/Resale
- Exterior Const.: Frame, Aluminum
- Basement Desc.: Full, Full With Walk-Out, Partially Finished, Heated, Apartment, Liveable Space
- Roof: Asphalt Shingle
- Square Feet: 4,692
- Year Built: 1927
Unit Information
Unit 1
- Square Feet: 1344
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 1344
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Square Feet: 1346
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Square Feet: 658
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.25
- Driveway/Sidewalk: Paved, Asphalt
- Zoning: RL
- Lot Description: Corner Lot, Level Lot
Green Features
- Energy Features: Thermopane Windows
Financial Considerations
- Assessment Amount: $101,530
- Tax Amount: $6,113
- Tax Year: July 2021-June 2022
Disclosures and Reports
- Property ID: 1394572
Listed by Realty Exclusive LLC, Zachary D Nichols
Sold by Full Service Realty LLC, Ryshaun Phillips
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Schools
Schools serving 21 Middle St
School District:Waterbury School District
Rating | Name | Grades | Distance |
---|---|---|---|
2 Cypress St, Waterbury, CT 06706 | K-5 | 0.1 mi | |
483 Chase Pkwy, Waterbury, CT 06708 | 6-8 | 1.6 mi | |
422 Highland Ave, Waterbury, CT 06708 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21 Middle St
Date
Details
Price
Change
Source
10/29/2021
Sold
$245,000
-3.88%
MLS
8/18/2021
Listed
$254,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
21 Middle Street, Waterbury, CT 06706 (MLS# 170430132) is a Multi-Family property that was sold at $245,000 on October 29, 2021. Want to learn more about 21 Middle 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.