BHGRE Bannon & Hebert
Lori Geraci, BHGRE Bannon & HebertPhone: (203) 910-0997
Email: [email protected]

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listing
1 of 39
MultifamilyFor Sale
$450,000
6 Grove Court
Waterbury, CT 06710
Courtesy of Regency Real Estate, LLC
MLS: Smart MLS
9Beds
5Baths
Est. Mortgage
$2,423/mo

This exceptional 4-unit property offers the perfect combination of immediate rental income potential and long-term value appreciation, all in a neighborhood poised for exciting redevelopment. The first-floor unit is a spacious 3-bed, 2-bath with a large living room, kitchen, & generously sized bedrooms. On the second floor, Unit 2F features a comfortable 2-bedroom, 1-bath layout. At the same time, Unit 2R offers a flexible 1-bed, 1-bath design with a dining area that can easily be converted into a second bedroom, maximizing its rental potential. The third-floor unit shines with a 3-bed, 1-bath, a large living room, an eat-in kitchen, and a newly installed air handler for modern efficiency and comfort. Current rents under Market value- market rents in the area range from $1,200-$1,500 for 1-bedroom units, $1,400-$1,800 for 2-bedroom units, and $1,800-$2,400 for 3-bedroom units, providing a strong foundation for steady cash flow. The property has been meticulously maintained, with significant updates completed just 6 years ago, including new siding, roof, & a rear deck that adds both durability and curb appeal. Its oversized, driveway-like frontage offers privacy and ample parking for tenants and guests, while the detached garage provides bonus storage or workshop space, enhancing tenant satisfaction. Located on a quiet city street that is part of an area undergoing transformative redevelopment. *Open house rescheduled till 11/30 12-2pm.*

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Information courtesy of Regency Real Estate, LLC is subject to verification and is not guaranteed. Listing Data Last Updated 11/23/2024 06:55 PM
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