1900 East Main St,
Waterbury, CT 06705

Sale Price:
$1,250,000

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1/12

price

$1,250,000

square feet

15,156

cap rate

6.5%

occupancy

100%

units

12

buildings

1

noi

$81,637

built

1901

description:

Mixed Use Opportunity in east end of Waterbury!  Anchored by the well-known and long-standing bar, The Cave, this building offers investors immediate rent upside due to below market rents. The bright and spacious apartments are heated by electric baseboard (tenant paid electric), occupied mostly by long term tenants, and secured with fire rated entry doors. Smoke alarms, fire alarms, emergency lighting, security system, and LED lighting are in place throughout the building and in all common areas. Income is supplemented by the coin operated common laundry room. 12 off-street parking spaces and additional on-street parking offer tenants and retail customers ample choice in parking. High visibility, foot and vehicle traffic make this an attractive and stable mixed use opportunity in a high demand rental market. Call today for more information or to schedule a tour!