Waterbury, CT 06708,985 Bank Street
Waterbury, CT 06708,985 Bank Street
Waterbury, CT 06708,985 Bank Street
Waterbury, CT 06708,985 Bank Street
Waterbury, CT 06708,985 Bank Street
Waterbury, CT 06708,985 Bank Street
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Andrei Balaj & Camilo Ramirez

Andrei Balaj & Camilo Ramirez

+1(203) 550-3606
$ 4,500,000
Est. payment | /mo

3 Beds

1 Bath

10,052 SqFt

Save
$ 4,500,000
Est. payment | /mo
Save

3 Beds

1 Bath

10,052 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 10,052 sqft

Price per Sqft $447

MLS Listing ID 24150336

Style Units on different Floors,Units are Side-by-Side

Bedrooms 3

Full Baths 1

Year Built 1920

Annual Tax Amount $31,165

Lot Size 7,405 Sqft

Property Sub-Type 5 Family+

Property Description

Don't miss this Brooklyn neighborhood opportunity with Brass City Apartments Portfolio. Consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand.

Location

State CT

County New Haven

Zoning RH

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Hot Water

Cooling Window Unit

Exterior

Exterior Feature Sidewalk, Porch, Gutters, Lighting

Parking Features Paved, Off Street Parking, Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Flat

Building

Lot Description Corner Lot, Level Lot

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Amanda Faroni-Sheehan • Oxford Realty

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Andrei Balaj & Camilo Ramirez
Andrei Balaj & Camilo Ramirez

Real Estate Agent | Lic# Licensed in Connecticut

+1(203) 550-3606

1055 Washington Blvd, 6th Floor, Stamford, CT, 06901

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985 Bank Street