Prime opportunity to own a 2-unit mixed-use property on busy road located in Waterbury, CT! This property features well-maintained building with two separate units, one residential and one commercial. Generate income from both residential and commercial spaces. The commercial unit which comes equipped with a beautiful bar is ready for a new tenant. Many possibilities to open is a sports bar, coffee shop, social club, restaurant and cigar lounge. Additional patio space outside gives opportunity to expand business. Upstairs features a 3-bedroom apartment that is currently rented month to month. The property has ample parking and is located in a high-traffic area, making it a fantastic investment or business opportunity for the right person. Roof only 3 years old. Schedule your private showing today!
Buyer Broker Compensation is for display purposes only and must be confirmed in writing directly from Listing Broker
649 Watertown Avenue, Waterbury, (Bunker Hill), CT, 06708
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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