4 John Street

Waterbury CT 06708

7596 sq. ft.

0.11 ac.

Multi-Family

Currently for sale - view listing

Overview

TURN KEY 21 Unit mixed use portfolio on high traffic signalized intersection in Waterbury. 4 John Street is comprised of (3) 1 bedroom apartments and 12 studio apartments. All brand new separated utilities: electric meters, gas meters and gas lines, Navien combi boilers, smart water meter with auto shutoff for leak prevention, and backup boilers and tankless water heaters for whole building. This apartment building has a 50 year metal roof in excellent condition, sprinkler system in basement, LED motion sensor lighting in common areas, a thoughtfully planned security system, fire/emergency alarm system with direct line to Fire Department, and a coin or card operated laundry room for additional income. Apartment renovations include: white shaker cabinets, laminate flooring, new appliances, fixtures, vinyl replacement windows, fire rated doors, and keyless entry with remote access by owner. Additionally there is a 2,000 SF workshop in the back that serves as a central hub for maintenance operations, storage and supplies. 872 Bank Street is a 6 unit brick retail building adjacent to 4 John St. Retail tenants? businesses are profitable, stable, and want to stay long term. With so many capital improvements, new ownership can enjoy peace of mind with efficient management systems in place to collect stable income, and continue to increase rents to and beyond market rates. Creative financing available - call for more details!