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4 John St, Waterbury, 06708

Commercial/Investment - Retail For Sale

$599,900

Beds
Baths
12,916Sqft
.11Acres
1905Built
60DOM
MLS® #: 170197920
Active, 60 Days on Market

This is an opportunity to own 2, turn-key, corner buildings in the Brooklyn neighborhood of Waterbury with a 12+% CAP rate. 4 John St is a residential apartment building w/1 commercial space used for owner's storage. The apartments are 100% occupied. The property features a new 50-year metal roof, windows and renovated apartments - all w/in the past 7 years. The building has a sprinkler system + owner pays heat, hot water and electric. 872 Bank St is a single-story retail strip that is 100% occupied by a grocery store, barber, tattoo shop (2 spaces), Marshal's office and cell phone store. Each commercial space has it's own bathroom and tenants pay their own utilities. The grocery store is on a lease, the others are month to month. There is also a detached-garage in the rear + shared driveway and some parking between the two buildings. This is a good opportunity to own a turn key property w/some value add opportunity and 12+% CAP. DO NOT WALK PROPERTY W/OUT an AGENT. Location is by bus stop, Church, public transportation, highway access, downtown, shopping and school being renovated.

Essential Information

MLS® #: 170197920
Price: $599,900
Bathrooms: 0.00
Square Footage: 12,916
Acres: 0.11
Year Built: 1905
Type: Commercial/Investment
Sub-Type: Retail
Status: Active

Community Information

Address: 4 John St
Area: Brooklyn
City: Waterbury
County: New Haven
State: CT
Zip Code: 06708

Amenities

Utilities: Electric Available, Gas Available, Phone Available, Cable Available
Parking Spaces: 5
Parking: Detached Garage, Driveway, On Street Parking
Garages: Detached Garage, Driveway, On Street Parking

Interior

Interior: Vinyl, Wood
Heating: Baseboard, Electric, Natural Gas
Cooling: None
# of Stories: 4

Exterior

Exterior Features: Lighting, Sidewalk
Lot Description: Corner, Level Topography
Roof: Flat
Construction: Brick
Foundation: Block, Concrete

Additional Information

Date Listed: May 22nd, 2019
Days on Market: 60
Zoning: CG

Listing Details

Listing Office: Berkshire Hathaway NE Prop.

Financials

$/SqFt: $46

©2019 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.