174 Willow Street Waterbury, CT 06710
Underperforming asset with great upside. Large, corner mixed-use building with 35 total Units consisting of: (4) retail units and (31) apartments. 3/4 retail units are occupied by the supermarket (2 spaces) and smoke shop. The 31 apartments unit mix is (1) 2 bed, (9) 1 beds and 21 studios. Many rents are below market = with a lot of room to increase the income. The heat and hot water are gas and owner paid. The electric is separate and tenant paid (but included in some of the program rents). 4-story elevator building. Roughly 60% of the units were renovated in the last 1-2 years. Security system installed. On-Street parking only and no yard = low/inexpensive exterior maintenance. Great opportunity for value add asset with good ARV.
- Property TypeMulti-Family
- NeighborhoodHillside
- CountyNew Haven
- Taxes$33,351
- HOA/Condo/Coop Fees$0
- Days on Site23 Days
- MLS StatusActive
- MLS ID Number24020197
- Home Size Source Public Records
- Year Built1910
- Lot Size0.14 Acres
- Full Baths31
- Partial BathsN/A
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General Features
- Style Other
- Construction Brick
- Parking None
- Parking Spaces 0
- Sewer Public Sewer
- Basement FullUnfinished
- Acreage 0.14
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Brick/ Mortar
- Zoning RM
Interior Features
- Cooling Window Unit
- Heating Natural GasRadiant
- Fireplaces 0
- Laundry Features None
Exterior Features
- Roof Asphalt
- Spa No
- Waterfront Property No
- Waterfront Features Not Applicable
- Exterior SidewalkPorchLighting
- Lot Corner LotLevel Lot
- Patio And Porch Porch
Community Features
- Community Features LibraryMedical FacilitiesPublic Rec FacilitiesPublic Transportation