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$275,000

  • Sold
  • Closed
  • Multi-Family
  • 9 Total Beds
  • 2 Car Garage
See This Home
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Calling all investors or future owner occupants! This unique offering with 10-11% pro forma CAP includes a 3-unit building plus a detached 2-car garage with a 4th, legal additional unit above. Current rents have been kept at below market rents. This value-add opportunity allows a new owner to increase their ROI with some simple moves including reduction in yearly expenses (installing LED fixtures, water-saving methods), as well as increasing their income potential with some light refreshing of units as well as the flexibility of current month-to-month occupancy in each unit. Also the large 2-car garage adds to the opportunity of additional future income. Located in a convenient location to many amenities, not a densely packed road (no neighbors directly across the street), and some off-street parking plus some yard space are all benefits for tenants. Benefits for the landlord include units having some miscellaneous upgrades throughout the years, NEW MECHANICALS in the past few years, as well as separately metered and tenant paid gas for heat and separately metered, tenant-paid electric (plus owner's meter). This will be a great additional to an existing portfolio, or a great place to start one. Inquire today and let the cash flow!

Full Property Details for 272 N Walnut St

General

  • Sold For: $275,000
  • Status: Closed
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 170578011
  • Added to Site: 1, 073 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 9

Exterior

  • Exterior Features: Gutters, Stone Wall

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Detached Garage, Paved, Off Street Parking

Location

  • County: New Haven
  • Neighborhood: North End
  • Driving Directions: N Main > Griggs > N Walnut or Lakewood > Rhode Island > N Walnut

School Information

  • Elementary School: Reed
  • Middle School: North End
  • High School: Wilby

Community

  • Community Name: North End

Heating & Cooling

  • Cooling Type: Ceiling Fans, None
  • Heating Type: Baseboard, Hot Air, Hot Water, Electric, Natural Gas
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: 40 Gallon Tank

Utilities

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

Structural Information

  • Architectural Style: 4updown - Unit(s) per Floor, Other
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full With Walk-Out, Unfinished, Hatchway Access
  • Roof: Asphalt Shingle
  • Square Feet: 3,072
  • Above Ground: 3,072 Sq. Ft.
  • Year Built: 1927

Unit Information

Unit 1

  • Square Feet: 990
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Square Feet: 990
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Square Feet: 495
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Square Feet: 597
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.17
  • Driveway/Sidewalk: Private, Shared, Cement
  • Zoning: RL
  • Lot Description: Lightly Wooded, Sloping Lot

Financial Considerations

  • Assessment Amount: $198,590

Disclosures and Reports

  • Property ID: 1375668

Listed by Realty Exclusive LLC, Zachary D. Nichols
Sold by Brass Moon Realty, Levi Y. Judqin

Listing agent

— 272 N Walnut St —

  • Zachary D. Nichols

    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 272 N Walnut St

School District:Waterbury School District
NameGradesDistance
Reed School
33 Griggs Street, Waterbury, CT 06704
K-80.2 mi
Wilby High School
568 Bucks Hill Road, Waterbury, CT 06704
9-122.8 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 272 N Walnut St

Date
Details
Price
Change
Source
7/13/2023
Sold
$275,000
-16.67%
MLS
6/19/2023
Listed
$330,000
—
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, Zachary D. Nichols
Sold by Brass Moon Realty, Levi Y. Judqin

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272 North Walnut Street, Waterbury, CT 06704 (MLS# 170578011) is a Multi-Family property that was sold at $275,000 on July 13, 2023. Want to learn more about 272 North Walnut 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.