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1900 East Main Street Waterbury, CT 06705
4 Baths
12,348 SqFt
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,348 sqft
Price per Sqft $120
MLS Listing ID 24214555
Full Baths 4
Year Built 1901
Annual Tax Amount $38,648
Lot Size 8,712 Sqft
Property Description
$300,000 IN SELLER FINANCING + RENTAL INCOME UPSIDE! At 1900 East Main St, Waterbury, the seller is willing to accept a $300,000 note toward the purchase price INSTEAD of receiving that amount in cash at closing-a major opportunity for buyers seeking seller financing! Combine a primary bank loan with a second-position seller note at 8% interest and a 10-year balloon, subject to lender approval, required buyer equity and agreed terms. This East End mixed-use property features 10 apartments, a grocery storefront and a long-standing bar space. Below-market apartment rents offer potential rental upside as leases and market conditions allow. Eight spacious two-bedroom apartments feature dining rooms, plus two main-level one-bedroom units. Some tenants are long-term residents. Electric baseboard heat is tenant-paid, and coin-operated laundry provides additional income. Highlights include a brand-new rubber membrane roof, a new monitored fire system with hardwired smoke detectors, fire-rated apartment entry doors, emergency lighting, security system and LED lighting. High visibility, foot and vehicle traffic, 12 off-street parking spaces and additional on-street parking enhance its appeal.
Location
State CT
County New Haven
Zoning CG
Interior
Interior Features Window Display
Heating Hot Air, Zoned
Cooling Central Air
Flooring Vinyl, Wall-to-Wall Carpet, Wood
Exterior
Exterior Feature Sidewalk, Door Sign
Parking Features Off Street Parking
Utilities Available Electric, Gas, Phone Available, Cable
Roof Type Membrane,Rubber
Building
Lot Description Corner Lot, Level Lot
Story 3
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Rob Rosa • Berkshire Hathaway NE Prop.
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