Property Address: 45 Long Hill Rd, Waterbury, CT, 06704-3700
Average square foot calculated using Size range provided by listing agent.
Description
7.5% CAP - 7 Units + 3 car-garage in Long Hill Neighborhood. There is one 1 bed/1 bath unit and the larger building with six 2 bed/1 bath units. The property is 100% occupied. Three-car detached garage in back also rented and off-street parking. The utilities are separate and tenant paid - a mix of gas and electric. Most of the rents are below market = good upside for a 9% CAP/pro-forma. Minimal yard = low/inexpensive exterior maintenance. Great opportunity for value add asset.