Discover Your Next Cash Cow: Invest in the Potential of this 3-Unit Home

915 North Main Street Waterbury, Ct 06704

List Price: $245,000 Units: 3

Monthly Income :

Unit 1: Vacant
Unit 2: Vacant
Unit 3: Vacant

Monthly Expenses :

Taxes: $288
Insurance: $153
Management: $450
Maintenance: $450

Investment Highlights

Optimize your investment with expert property management in Waterbury, CT.

The Property:

915 North Main Street consists of a three-story building containing three (3) 2-Bedroom/1- Bathroom units with 3,407 square feet of living area and approximately 1,364 square feet of basement area.

The Location:

North Main Street is located in the northern part of Waterbury. The area surrounding North Main Street is home to several community facilities and institutions, such as schools, churches, healthcare facilities, and parks. These include Lakewood Park Beach, Fulton Park, Downtown Waterbury and Holy Land USA.

Separate Utilities:

Each unit is separately metered for electricity, heat (natural gas-fired), and hot water (natural gas fired), which the Tenants pay directly.

Building Amenities:

The property has excellent bones and endless renovation potential. This diamond in the rough is just waiting for your creative touch to transform it into a dream rental property. Although it requires renovations, the solid foundation and well-built structure set the stage for an exciting project.

Strong Demographics:

Waterbury has a diverse population with various ethnic and racial backgrounds and has an estimated population of over 108,000 people. It has a mix of working-class neighborhoods, middle-class communities, and areas with higher-income households.

Immense Earning Potential:

With the right improvements, this property will be transformed into a highly desirable rental. Its convenient location near the city’s central business district and in a sought-after neighborhood further adds to its rental potential. Rent for similar-sized, 2-bedroom apartments in the area can go as high as $1500.

Explore seamless solutions with top-notch rental property management compa nies to ensure success in your investment journey.