New Listing - 05/03/2025
203 South Leonard Street, Waterbury, (South End), CT, 06708

5 beds
9 Full baths
1902
6,458 sqft
Fantastic investment opportunity that's turn key and cash flowing with upside! This corner building is a total of 9 units with big unit mix featuring (5) 3 bed/1 bath units, (1) 2 bed, 1 bath unit & 3 studios/1 bath units. All units are spacious AND renovated (8/9) with new flooring throughout, updated kitchens (appliances, cabinets, counters, fixtures); updated bathrooms and overall newer paint + fixtures. All utilities are separate & tenant paid - gas or electric heat and hot water + separate electrical. There are laundry hookups in most units. There is ample off-street parking for 10+ cars. Low maintenance and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 10+% CAP pro-forma. This property can be purchased as part of a larger portfolio sale.
Status:
Active
Town:
Waterbury
Type:
Commercial
Units:
9
Zoning:
IG
Frontage:
Municipal Street
Garage:
Off Street Parking, Unassigned Parking
Heating:
Baseboard, Hot Air
Cooling:
Window Unit
Parking:
12-car
Acreage:
0.3
Est. Taxes:
$15,097
Assessment
$371,770
Current Use
residential
Permitted Use
residential
Utilities
Electric,Gas,Phone Available,Cable Available
Lot Description:
Corner Lot,Level Lot
Days on Market:
0
MLS #:
24093138
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Copyright ©2025 SmartMLS, Inc.
Listing courtesy of Amanda Faroni-Sheehan, Oxford Realty Email: amandafaroni25@gmail.com