Map
Listed price in listed location currency (USD).
$1,490,000

0412

MLS® 24214555

Overview

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 3
Lot Size 0.2 Acres
Approx. Age 1901
MLS® Number 24214555

Property Address: 1900 E Main St, Waterbury, CT, 06705-1820

Average square foot calculated using Size range provided by listing agent.

Description

$300, 000 IN SELLER FINANCING + RENTAL INCOME UPSIDE! At 1900 East Main St, Waterbury, the seller is willing to accept a $300, 000 note toward the purchase price INSTEAD of receiving that amount in cash at closing-a major opportunity for buyers seeking seller financing! Combine a primary bank loan with a second-position seller note at 8% interest and a 10-year balloon, subject to lender approval, required buyer equity and agreed terms. This East End mixed-use property features 10 apartments, a grocery storefront and a long-standing bar space. Below-market apartment rents offer potential rental upside as leases and market conditions allow. Eight spacious two-bedroom apartments feature dining rooms, plus two main-level one-bedroom units. Some tenants are long-term residents. Electric baseboard heat is tenant-paid, and coin-operated laundry provides additional income. Highlights include a brand-new rubber membrane roof, a new monitored fire system with hardwired smoke detectors, fire-rated apartment entry doors, emergency lighting, security system and LED lighting. High visibility, foot and vehicle traffic, 12 off-street parking spaces and additional on-street parking enhance its appeal.
MLS® Number24214555
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1901
Basement
DrivewayOff Street Parking
Garage Spaces
HeatElectric, Hot Air, Zoned
A/CCentral Air

Extras

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