731 South Main Street
$625,000
11
3
2
4,128
4,128
$151
Description
Here is the money maker you have been looking for. The monthly rent roll is $6,800/mo. The gross annual rent is $81,600 a year. The gross annual return on investment is 13.1 percent. Try to get that kind of return in your money market account or your 401k! The building is comprised of Three 3 bedroom units and 2 store fronts. The interior and exterior of the building as well as all of the apartments have been fully remodeled and are rented. The left side store front is currently in the process of...Here is the money maker you have been looking for. The monthly rent roll is $6,800/mo. The gross annual rent is $81,600 a year. The gross annual return on investment is 13.1 percent. Try to get that kind of return in your money market account or your 401k! The building is comprised of Three 3 bedroom units and 2 store fronts. The interior and exterior of the building as well as all of the apartments have been fully remodeled and are rented. The left side store front is currently in the process of being remodeled. This space has been rented for $1,000/mo (tenant will take occupancy once the renovations are complete). The right side store front is also currently in the process of being remodeled. This space has been rented for $1,100/mo. (tenant will take occupancy once the renovations are complete). The 1st floor unit pays $1,500/mo. The 2nd floor unit pays $1,600/mo. The 3rd floor unit pays $1,600/mo. The furnaces and hot water heaters are new. All utilities are separately metered. The tenants pay their own gas and electric. If you are looking for a solid investment with an excellent ROI, you found it here!
- Listed by Rob N Clermont • Clermont Real EstateP: (203)-675-6902 C: (203)-675-6902 rob@valuequestappraisal.com
Property Details for 731 South Main Street
Basement Description
None
Direct WaterfrontNo
Garages Number0
NeighborhoodSouth End
StyleOther
Garage Parking InfoNone, On Street Parking, Off Street Parking, Driveway
Swimming PoolNo
LISTING UPDATED: 12/11/2024 02:57 AM
Property Details for 731 South Main Street
Status | Active |
---|---|
MLS # | 24056862 |
Days on Market | 35 |
Taxes | $13,989 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 5 Family+ |
Year Built | 1895 |
Lot Size | 0.07 AC / 3,049 SF |
County | New Haven County |
Building Information for 731 South Main Street
Stories-Residences5Year Built1895Building Size-Lot Size0.07 AC / 3,049 SF
Property Information for 731 South Main Street
Property History for 731 South Main Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 731 South Main Street
Taxable ValueLand$9,660Additions$273,280Total$282,940
Tax Record2024$13,989 ($1,166 / month)
Home Facts
Total Finished SqFt4,128 SqFtAbove Grade Finished SqFt4,128 SqFtStories3Lot Size3,049 SqFtStyleOffice BuildingYear Built1895Year Renovated1945ZoningCGCountyNEW HAVENAPNWBRY M:0369 B:0293 L:0009
Schools near 731 South Main Street
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 - | PK to 5 |
Rating | School | Distance |
---|---|---|
Washington School PublicPK to 5 | ||
West Side Middle School Public6 to 8 | ||
John F. Kennedy High School Public9 to 12 | ||
Maloney Interdistrict Magnet School PublicPK to 5 |
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.
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