- For Sale $2,000,000
- Property Type Multi-Family
- Property Size 11,476 SF
- Units 13
- Cap Rate % 11.1
- Taxes / YR $27,053.00
- Additional Rent Contact for pricing
- # of Floors 2
- Property Tenancy Multi-Tenant
- Year Built 1987
- Date Updated Oct 6, 2024
2% of sales price to Buyer’s Agent. Become the Largest Owner in This Well-Maintained Condo Complex featuring 2 Bedroom and 1 Bedroom Condos (Thirteen Unit Portfolio) on a High Traffic and Pedestrian Friendly Retail Corridor in a High-Income Area of Waterbury, Connecticut. This Offering Presents a Massive Value Add Opportunity with the Updated Interiors and Below Market Rents. Enjoy BARE MINIMUM Landlord Responsibilities as the Condo Association Provides Hands off Management for the Entire Complex.
Reach out to the broker for more info on lease terms and amenities
Attachments
Highlights
- Five (5) Miles From Downtown Waterbury
False
Contacts
Location
Getting Around
-
Walk Score ®
51/100 Somewhat Walkable -
Transit Score ®
31/100 Some Transit -
Bike Score ®
28/100 Somewhat Bikeable
- City Waterbury, CT
- Neighborhood Alexander Avenue
- Zip Code 06705
Points of Interest
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Naugatuck
5.35 miles
-
Stop & Shop
1.25 miles
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Costco Gas
1.29 miles
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Tesla Supercharger
1.45 miles
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Irving
1.66 miles
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Valero
1.90 miles
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Shell
1.93 miles
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Stop & Shop Gas
3.03 miles
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Sunoco
3.07 miles
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Citgo
3.35 miles
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Cumberland Farms
3.36 miles
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Connecticut Park and Ride
0.86 miles
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Mixville Parking Lot
3.50 miles
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Prospect Town Garage
3.85 miles
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Lot B
3.85 miles
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Lot A
3.86 miles
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Quality Inn
0.92 miles
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Courtyard Marriott
2.75 miles
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Econo Lodge
4.16 miles
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Hampton
4.46 miles
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Wolcott Inn & Suites
4.80 miles
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Residence Inn Southington
5.95 miles
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Comfort Inn
6.07 miles
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Homewood Suites by Hilton Southington, CT
6.36 miles
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Courtyard
6.42 miles
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Cheshire Welcome Inn
6.89 miles
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Thai Palace
0.75 miles
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McDonald's
1.05 miles
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Nardelli's
1.09 miles
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Burger King
1.12 miles
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Chuck E. Cheese
1.23 miles
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Panera Bread
1.30 miles
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Popeyes
1.30 miles
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Subway
1.30 miles
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Wendy's
1.36 miles
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Texas Roadhouse
1.37 miles
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Margaret M. Generali Elementary School
0.61 miles
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Crosby High School
0.94 miles
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Rotella Interdistrict Magnet School
0.95 miles
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H. S. Chase Elementary School
0.95 miles
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Edward D. Bergin Complex
0.98 miles
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Michael F. Wallace Middle School
1.00 miles
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Tyrrell Middle School
1.01 miles
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Robert Clemente International Dual Language School
1.21 miles
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The Waterbury ARC
1.30 miles
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Woodrow Wilson Elementary School
1.68 miles
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The Stork Club
4.96 miles
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Queen of Apostles Education Center
8.14 miles
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Great Beginnings
9.86 miles
Frequently Asked Questions
The space currently listed for sale at 975 Meriden Road asks for $2,000,000.
975 Meriden Road totals 11,476 square feet.
975 Meriden Road was built in 1987.
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Group Realty LLC