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121 Hillview Avenue Waterbury, CT 06704
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Key Details
Sold Price $585,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,932 sqft
Price per Sqft $148
MLS Listing ID 24072445
Sold Date 06/13/25
Full Baths 4
Year Built 1929
Annual Tax Amount $10,992
Lot Size 9,147 Sqft
Property Description
Turnkey 4-Unit Property IN PLACE 11% CAP RATE! The 3 bed unit rents for $2,050/month; one, 2-bed/1-bath unit rents for $1,900/month, while the remaining 2, 2 bed units are ready for an owner-occupant and/or additional rental income for $2,000 each. Each unit features modern upgrades, including energy-efficient windows, new doors, and LED lighting throughout. The contemporary kitchens are outfitted with white cabinetry, granite countertops, stainless-steel appliances, and dishwashers. Designed for comfort, the layouts include spacious bedrooms, tiled full baths, and a master suite with a walk-in closet. Residents enjoy two dedicated parking spaces per unit, ample street parking for guests, and convenient shared basement laundry facilities. The property is energy-efficient with natural gas heating, cooking, and hot water to help keep utility costs low. With over $30,000 in recent upgrades, this property offers peace of mind and minimal maintenance for years to come. Improvements include new French drains and sump pumps with a lifetime warranty by Connecticut Dry Basements, a brand-new paved driveway, new gutters with gutter guards for low-maintenance upkeep, and professional chimney work ensuring long-term reliability. This stress-free investment is perfect for an investor looking for solid rental income or a homeowner seeking to offset costs while enjoying a beautifully updated property. With major improvements already completed, this is a move-in-ready opportunity you don'
Location
State CT
County New Haven
Zoning RL
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Utilities Available Electric, Gas
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Daniel Durante • Criterion Real Estate LLC