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64 South St Waterbury, CT 06706

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For Sale
$329,900

Three-family property with value-add opportunity for investors.

Lot size:
0.09 Acres

Property Features for 64 South St

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.09 Acres

Building Details

Year built
1911

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Listing Contact
Charles Harris
Source: Elliman

Listing Agent: Charles Harris

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Fully Occupied Three-Family Property

This fully occupied three-family property offers an excellent value-add opportunity for investors. All units are currently rented with month-to-month tenants, providing flexibility for future rent adjustments or improvements. The property features spacious unit layouts. The first and second floors have three bedrooms each, and the third floor has a two-bedroom unit, making it attractive for long-term tenants. Replacement windows have been installed within the last five years. The first floor is heated with oil, while the second and third floors are heated with electric systems. Gas lines are connected to the property for the stoves, creating an opportunity for a future conversion to gas heat. The property also features a fenced-in backyard, offering additional outdoor space for tenants. With strong occupancy, solid layouts, and potential to increase value through heating conversion and rent optimization, this property represents a strong opportunity for investors looking to expand their portfolio.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Waterbury
County
New Haven
State
Connecticut
Longitude
-73.034885
Latitude
41.5419432

FAQs

What type of property is this?
Triplex - Three-family property with value-add opportunity for investors.
Where is this triplex located?
The property is located at 64 South St Waterbury, CT.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: - Fully occupied three-family property providing immediate rental income.; - Value-add opportunity through rent optimization and potential heating conversion.; - Spacious unit layouts: **three bedrooms on the first and second floors, two bedrooms on the third floor.**
More about this property
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