1295 East Main Street, Waterbury, CT 06705 - Photo 1

1/1

$620,000

Sold
Closed
Commercial

1/1

Property Description

This 11 unit commercial apartment building is a great investment opportunity with a prime location. Each one bedroom unit has a generous sized living room, kitchen and bathroom. All tenants have their own metered electric baseboard heat. All units have updated fire doors installed has an annual net income of approximately $46,512 with an approximate cap rate of 6.645% Great for tenants, located across from Hamilton Park, directly on the municipal bus route and just a minutes walk to the local mall and shopping. See all expenses and figures in confidential in agent remarks

Full Property Details

Full Property Details for 1295 E Main St

General

Sold For: $620,000
Taxes: (July 2023-June 2024)
Status: Closed
Type: Commercial
Source: SMARTMLS
MLS ID: 170617120
Added to Site: 746 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Restrooms: 11

Parking

Uncovered Spaces: 11
Total Spaces: 11
Parking: Driveway, Paved, Off Street Parking

Location

County: New Haven
Neighborhood: East End
Driving Directions: gps friendly, corner lot of East Main and Niagra

Community

Community Name: East End

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard, Electric
Heating Fuel: Electric

Utilities

Sewer: Public Sewer Connected
Water: Public Water Connected
Utility Description: Electric

Structural Information

Construction Status: No/Resale
Roof: Asphalt Shingle
Ceiling Height: 7
Stories/Levels: 3
Stories in Building: 3
Square Feet: 6,800
Sq. Ft. Source: Public Records
Year Built: 1965

Unit Information

# Tenants: 9

Unit 1

Unit Description: 1 Bedroom
Square Feet: 600
Total Bathrooms: 1

Lot Features

Lot Size (Acres): 0.14
Frontage: Municipal Street, Paved Road
Zoning: CG
Lot Description: Level Lot

Financial Considerations

Assessment Amount: $433,720
Tax Year: July 2023-June 2024

Disclosures and Reports

Documents Avail.: Brochure, Lead Disclosure, Other
Property ID: 1386714

Listed and Sold by Century 21 AllPoints Realty, David Hughes

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Listing agent

— 1295 E Main St —

David Hughes

Century 21 AllPoints Realty

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Schools

Schools serving 1295 E Main St

School District:Waterbury School District

Name	Grades	Distance
Walsh School 55 Dikeman Street, Waterbury, CT 06704	K-5	0.9 mi
Michael F. Wallace Middle School 3465 East Main Street, Waterbury, CT 06705	6-8	2.5 mi
Crosby High School 300 Pierpont Road, Waterbury, CT 06705	9-12	2.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1295 E Main St

Date

Details

Price

Change

Source

3/21/2024

Sold

$620,000

-17.22%

MLS

1/03/2024

Listed

$749,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Beds
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Beds
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3
Beds
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Total Baths
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Price Reduced

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Updated 5 days ago

3
Beds
2
Total Baths
1,288
Sq. Ft.

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Closed

9
Total Beds

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Single Family
Closed
Updated 8 days ago

5
Beds
6
Total Baths
5,590
Sq. Ft.

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1295 East Main Street, Waterbury, CT 06705 (MLS# 170617120) is a Commercial property that was sold at $620,000 on March 21, 2024. Want to learn more about 1295 East Main Street? Do you have questions about finding other Commercial real estate for sale in Waterbury? You can browse all Waterbury real estate or contact a Coldwell Banker agent to request more information.

1295 E Main St Waterbury, CT 06705