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$ 459,000
Est. payment /mo
New
37 Central Avenue Waterbury, CT 06702
6 Beds
4 Baths
3,832 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,832 sqft
Price per Sqft $119
MLS Listing ID 24184062
Style Units on different Floors
Bedrooms 6
Full Baths 4
Year Built 1894
Annual Tax Amount $7,324
Lot Size 6,534 Sqft
Property Sub-Type 4 Family
Property Description
Investor and owner-occupant opportunity at 37 Central Ave in Waterbury. This 4-family property offers a strong and versatile unit mix of two 2-bedroom units and two 1-bedroom units, with two units currently occupied and two units vacant. A major potential advantage is the seller's 2.9% assumable interest rate, subject to buyer qualification & lender approval. This assumable rate will allow for better returns on your investment and improved long-term cash flow. The two vacant units provide immediate flexibility for an owner-occupant looking to live in one unit while collecting rental income from the others, or for an investor seeking to place new tenants at current market terms. With four total units, separate utilities, and existing occupancy already in place, this property offers multiple income streams and a practical setup for both experienced investors and buyers entering the multi-family market. Recent updates include new wall-hung water heaters, adding efficiency and function to the property. Additional features include coin-operated laundry in the basement, rear parking, street parking, and a basement with laundry, storage, and bonus space. The 0.15-acre lot offers manageable exterior maintenance while still providing useful space for the property. The layout is well-suited for rental operations, and the combination of occupied and vacant units gives the next owner options from day one.
Location
State CT
County New Haven
Zoning CBD
Rooms
Basement Full
Interior
Heating Baseboard, Hot Water
Cooling Window Unit
Fireplaces Number 2
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Anthony Gaudiano • Compass Connecticut, LLC