43 Central Ave

Waterbury, CT 06702

$500,000
Last Sold Price
—
Beds
—
Baths
8,099 Sq. Ft.
$62 / Sq. Ft.
8,099
Sq. Ft.
$62
per Sq. Ft.

Description

16 unit apartment building in Downtown Waterbury at a 9.2% CAP. Below market rents offer new owners immediate upside rent potential, and the opportunity to achieve a 12%+ Cap Rate! All utilities included in rent - electric, gas heat and hot water. Small parking area in rear of building for 2-3 vehicles. Excellent opportunity for investors to add a significant number of units in a high demand rental market! Call today for more information or to schedule a showing!16 unit apartment building in Downtown Waterbury at a 9.2% CAP. Below market rents offer new owners immediate upside rent potential, and the opportunity to achieve a 12%+ Cap Rate! All utilities included in rent - electric, gas heat and hot water. Small parking area in rear of building for 2-3 vehicles. Excellent opportunity for investors to add a significant number of units in a high demand rental market! Call today for more information or to schedule a showing!
  1. Listed by Sandy Strickling • Sky Realty Group
    P: (860)-638-9748 C: (860)-638-9748 skyrealtygroup@comcast.net

Property Details for 43 Central Avenue

Basement Description
Full, Unfinished
Direct Waterfront
No
Garages Number
3
Neighborhood
Downtown
Style
Units on different Floors
Garage Parking Info
Driveway, On Street Parking
Swimming Pool
No
LISTING UPDATED: 12/20/2021 09:01 PM

Property Details for 43 Central Avenue

StatusClosed
MLS #170448170
Days on Market12
Taxes$8,761 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1900
Lot Size0.15 AC / 6,534 SF
CountyNew Haven County

Location

Listing Courtesy of Sky Realty Group, Sandy Strickling

Sold By Berkshire Hathaway NE Prop., Lisa P Lazarus

Add your commute

Building Information for 43 Central Avenue

Stories-Residences16Year Built1900Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$3,350 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,620

Property Taxes

$730

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 43 Central Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly - West Main St or Grove St to Central Ave
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • Latitude: 41.55845
  • Longitude: -73.04398
  • Middle Jr High School: Per Board of Ed
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2021-June 2022
  • Property Tax: $8,761
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard, Steam
  • Attic YN: No
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete, Stone
  • Fuel Tank Location: Non Applicable
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 8099
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1379582
  • Sq Ft Est Heated Above Grade: 8099.0
  • Sq Ft Total: 8099.0
  • Zoning: CBD
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank, Natural Gas
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 65524
  • Gross Annual Income: 117540
  • Net Operating Income: $46,139
  • Occupied By: Tenant
  • Total Number of Units: 16
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 0

Property History for 43 Central Avenue

DateEvent & SourcePriceAppreciation
Dec 1, 2021

Closed (Public Record)

Public Record #1478935503

$500,000

+17.5% / yr

Jul 6, 2012

Closed (Public Record)

Public Record #334922624

$110,000

-17.2% / yr

May 9, 2005

Closed (Public Record)

Public Record #161007253

$425,000

+66.7% / yr

Jul 16, 2003

Closed (Public Record)

Public Record #126314541

$168,000—
DateEvent & SourcePrice
12/01/2021

Closed (Public Record)

Public Record #1478935503

$500,000

+17.5% / yr

07/06/2012

Closed (Public Record)

Public Record #334922624

$110,000

-17.2% / yr

05/09/2005

Closed (Public Record)

Public Record #161007253

$425,000

+66.7% / yr

07/16/2003

Closed (Public Record)

Public Record #126314541

$168,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 43 Central Avenue

Taxable ValueLand$112,000Additions$360,430Total$472,430
Tax Record2024$21,250 ($1,771 / month)
Home Facts
Total Finished SqFt8,099 SqFtAbove Grade Finished SqFt8,099 SqFtUnfinished Basement SqFt3,006 SqFtStories3Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1965ZoningCBDCountyNEW HAVENAPNWBRY M:0254 B:0005 L:0106

Schools near 43 Central Avenue

This home is within Waterbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Bunker Hill School
PublicPK to 5

West Side Middle School
Public6 to 8

John F. Kennedy High School
Public9 to 12

Enlightenment School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Sky Realty Group, Sandy Strickling

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.