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Back 74 Tracy Avenue
Off Market

74 Tracy Avenue

Waterbury CT 06706

6
3
3
3160 sq. ft.
0.23 ac.
Duplex
Last sold for $365,000
Justin CabralJustin Cabral, last sold this property on 08 September 2022 after 63 days on market.

Overview

ATTENTION INVESTORS!! Now is your chance to own a meticulously maintained three-family in the Hopeville section of Waterbury. The property was updated with 72 new thermopane windows, a newer roof, and maintenance-free vinyl siding. All three of the property?s units have 2 bedrooms and a full bath, with beautiful woodwork throughout. The property features a detached three-car garage with electric openers, which can be rented out separately for additional income. All three units have separate electric and heating, with one water bill for all three. Currently, the property is owner and tenant-occupied, with one unit vacant. The rent is significantly below market rates. If the property was updated to market-rate rents, and the garages rented out separately, the property boasts an impressive 9.10% CAP rate based on current expenses. It is very hard to find a property as well kept, that will CASHFLOW as much as this one! Property is located in an opportunity zone, giving it great tax benefits. Potential Gross Income of *$46,800*. The second floor is viewable upon a second showing.

Features

6 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
3160 sq. ft. floor area
0.23 ac. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in Waterbury over the last 12 months, the estimated median property value of 74 Tracy Avenue is $399.95k.

Median value
$399.95k
Estimated value range
$240k - $420k
Median days on market
13
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Waterbury. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 74 Tracy Avenue

2022
Sold
$365,000
08 Sep 2022 by Justin Cabral, of West View Properties, LLC

Happy sellers in Waterbury

100%
100% of sellers in Waterbury reported that their sale price either exceeded or met their price expectations.

Waterbury stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Waterbury over the last 12 months.

Local market activity for 6 bedroom duplexes in Waterbury

In the last 12 months, 6 six-bedroom duplexes similar to 74 Tracy Avenue, have been sold.

This represents a 25% increase in six-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Waterbury

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Dennis Jimenez

Dennis Jimenez is a recommended agent for Waterbury.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (10 reviews)
  •  1 Review in Waterbury
  •  1 Sale in Waterbury
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Anthony La Penna

Anthony La Penna is a recommended agent for Waterbury.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (22 reviews)
  •  1 Review in Waterbury
  •  1 Sale in Waterbury
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Eli Carneiro

Eli Carneiro is a recommended agent for Waterbury.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (9 reviews)
  •  1 Review in Waterbury
  •  1 Sale in Waterbury
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Roberta Romeo Shannon

Roberta Romeo Shannon is a recommended agent for Waterbury.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Waterbury
  •  1 Sale in Waterbury
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