360 Pine Street Under Contract Save Request In-Person Tour Request Virtual Tour
Waterbury,CT 06704
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $122
MLS Listing ID 24054246
Style Units on different Floors
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $3,409
Lot Size 4,356 Sqft
Property Description
Welcome to 360 Pine St, a fully occupied two-family property directly across from Fulton Park, offering investment potential. This multi-family home is sold as-is and provides a significant opportunity to increase income with some TLC. Currently rented below market rates, this property presents a great chance to make improvements and capitalize on higher rental income. The first-floor unit features 1 bedroom, a large living room, an eat-in kitchen, and a full bathroom, offering comfortable living spaces. The second unit covers the second and third floors, consisting of 4 bedrooms, an eat-in kitchen, and a full bathroom. The property boasts a private driveway, easy maintenance yard space, and a newer metal roof, with a little cosmetic work and updates, these units can be positioned to command higher rents in the competitive Waterbury market. Situated directly across from Washington Park, tenants will enjoy access to green spaces, sports courts, playgrounds, and more, enhancing the property's appeal. Local rental data shows 1-bedroom units in the area typically renting for around $1,100 and 4-bedroom units fetching up to $1,850, providing an excellent opportunity to raise the current rent roll after improvements.
Location
State CT
County New Haven
Zoning RM
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Attic Fan
Exterior
Garage None,Off Street Parking,Driveway
Waterfront Description Not Applicable
Roof Type Metal
Building
Lot Description Level Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed