975 Meriden Rd, Waterbury, CT 06705

11,474 SF Specialty Building Offered at $2,100,000 at a 10.57% Cap Rate in Waterbury, CT 06705

Asking Price $2,100,000

Property Type
Specialty
Square Feet
11,474 SF
Price / Square Foot
$183

Listing Contacts

  • Property Info

Property Overview

2% of sales price to the buyer’s agent. Become the Largest Owner in This Well-Maintained Condo Complex featuring 2 Bedroom and 1 Bedroom Condos (Thirteen Unit Portfolio) on a High Traffic and Pedestrian Friendly Retail Corridor in a High-Income Area of Waterbury, Connecticut. This Offering Presents a Massive Value Add Opportunity with the Updated Interiors and Below Market Rents. Enjoy BARE MINIMUM Landlord Responsibilities as the Condo Association Provides Hands off Management for the Entire Complex.

Property Details

Class
B
Year Built
1987
Stories
2

Highlights

  • Become the Largest Owner in this Condo Complex
  • Complex Features Below Market Rents and Updated Units
  • Bare Minimum Landlord Responsibilities - HOA Maintains Property

FAQ

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