New Listing - 05/03/2025


203 South Leonard Street, Waterbury, (South End), CT, 06708

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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Listing courtesy of Amanda Faroni-Sheehan, Oxford Realty Email: amandafaroni25@gmail.com