For Sale
$2,000,000
975 Meriden RdWaterbury, CT 06705
13-Unit Multifamily Value-Add Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- 13-unit multifamily investment property in Waterbury, CT.
- 11,476 square feet of net rentable space in the Chelsea Square Condo Complex.
- 7.32% current cap rate, projected to increase to 11.10% with value-add improvements.
- $2,000,000 asking price, $153,846.15 per unit.
- High-traffic location with potential for rent increases and interior renovations.
Property Details for 975 Meriden Rd
- Property type
- Residential income homes
- Year Built
- 1987
- Units
- 13
Location Insight
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.552164094641
- Longitude
- -72.987109091901
975 Meriden Rd, Waterbury, Connecticut
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