30 N WALNUT ST

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30 N WALNUT ST

WATERBURY, CT 06704
Asking Price
$475K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Three-family apartment building situated in Waterbury, Connecticut.
  • Property is currently listed for sale at 475000 dollars.
  • Located within the North End neighborhood of the city.
  • Suitable for either an owner-occupant or an investment buyer.
  • Multifamily asset providing three distinct residential housing units.

What's Special

Waterbury remains a central hub within the Naugatuck Valley, providing residents with essential regional connectivity and access to a diverse employment base. Situated in the North End, this multifamily apartment building presents a functional asset for investors or buyers seeking an owner-occupant arrangement. The property serves as a practical addition to a residential portfolio, catering to the ongoing demand for rental housing in this established Connecticut market. The building operates as a three-family structure, offering versatility for various management strategies in a densely populated urban environment. Prospective owners may utilize the units for long-term rental income or occupy one portion while leasing the remaining space to offset holding costs. Given its positioning in a well-traveled sector of the city, the asset provides stable potential for those active in the local residential sector.

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

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