34 Plaza
Waterbury, CT 06710

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 8 BR
Bathrooms: 3
Pets: Pets Unknown
Area: 3207 sq ft

Financials

Price:$439,900
Annual Taxes:$2,211
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Zachary Burnett of Sky Realty Group

Description

34 Plaza Ave presents a wonderful investment opportunity for both investors and owner-occupants. This fully occupied, well-maintained 3-unit building has spacious, high-demand apartments with significant rental upside potential. The property features two 3-bedroom units on the first and second floors, along with a 2-bedroom unit on the third floor. Each apartment is generously sized, with extra rooms that can be used for home offices, storage, or additional living space. With separate, tenant-paid utilities, the building ensures low management overhead and better cost control for the owner. The property benefits from low taxes and operating expenses, further enhancing its appeal as an investment. Currently generating solid rental income, the property still has room for rent increases, providing excellent potential for future appreciation and higher returns. With an 8 percent CAP, this building is a prime opportunity for investors looking for strong returns. It is also ideal for owner-occupants who wish to live in one of the units while earning income from the others. This rare opportunity combines great cash flow, occupancy, and low expenses-making it an ideal purchase for any real estate portfolio. Don't miss out-schedule a walk-through today!

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Window Unit

34 Plaza Ave presents a wonderful investment opportunity for both investors and owner occupants.


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