25
See all 25 photos
$1,450,000
Est. payment /mo
14 Beds
8 Baths
7,055 SqFt
New
66-74 Holmes Avenue Waterbury, CT 06710
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 7,055 sqft
Price per Sqft $205
MLS Listing ID 24212158
Style Units on different Floors,Units are Side-by-Side
Bedrooms 14
Full Baths 7
Half Baths 1
Year Built 1890
Annual Tax Amount $16,113
Lot Size 6,534 Sqft
Property Sub-Type 5 Family+
Property Description
Excellent investment opportunity to acquire 13 units across two multifamily properties being offered as a package - 66 & 74 Holmes Avenue in Waterbury. This offering provides a strong combination of updated units, existing cash flow, ample off-street parking, and additional value-add potential. The properties are situated on a nice corner lot with good visibility and convenient access. 66 Holmes Avenue consists of 8 units with a desirable mix of four 3-bedroom units, two 2-bedroom units, one 1-bedroom unit, and one studio. The property has undergone extensive improvements, including completely remodeled units and replacement windows. The property offers a strong unit mix with excellent income potential. 74 Holmes Avenue consists of 5 units including one 2-bedroom, three 1-bedroom units, and one studio. Improvements include a roof approximately 2 years old, replacement windows, vinyl siding, and mostly updated units. Some renovation remains, providing an investor with the opportunity to complete improvements, increase rents, and further enhance overall property performance. A diversified unit mix, substantial improvements already completed, ample off-street parking, a desirable corner lot, and significant upside potential. An attractive opportunity for an investor looking to add scale and value to a Waterbury multifamily portfolio. Properties are being offered together as a package. Seller financing may be available for qualified buyers, subject to acceptable terms.
Location
State CT
County New Haven
Zoning RO
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Radiator
Cooling Window Unit
Exterior
Parking Features Paved, Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
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
NEARBY SCHOOL & BUSINESS
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