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Property Description

Fantastic S End investment opportunity that’s turn key with upside. This corner building is a total of 16 units that feature 2 beds, 1 beds and studio units. Many of the units offer a variety of renovations including new flooring, paint, fixtures, kitchen cabinets, counters, appliances and updated bathrooms. The hallways have been recently painted with new flooring as well. All utilities are separate & tenant paid – gas heat and hot water + separate & tenant paid electrical. There is fire monitoring throughout the building. There is a 5-car garage in back and some off-street parking for cars. Low maintenance with super on site and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 9+% ROI pro-forma. This property can be purchased as part of a larger portfolio sale.

Address Map
US
CT
New Haven
Waterbury
06708
Leonard
197
0
E0° 0' 0''
N0° 0' 0''
Features
: Window unit
: Baseboard
: Unfinished, Full
: Flat
: Detached garage, Paved, Driveway
MLS Addon
: Not applicable
S Leonard St by BENDER.
: Public water connected
1
Per Board of Ed
: Porch, Gutters, Lighting, Sidewalk
$0
5
: Natural gas
Amanda Faroni-Sheehan
13737
Oxford Realty
: Library, Park, Public rec facilities, Medical facilities, Public transportation, Playground/tot lot
: No/resale
5
1391825
: Public sewer connected
South
July 2024-June 2025
0
16
0
0
Units on different Floors,Units are Side-by-Side
IG

Listing courtesy of Amanda Faroni-Sheehan from Oxford Realty

    Multi-family For Sale For Sale

    197 Leonard, Waterbury, Connecticut 06708

    4 Bedrooms
    3 Bathrooms
    12,480 Sqft
    $1,650,000
    Listing ID #24093141
    Basic Details
    Property Type : Multi-family For Sale
    Listing ID : 24093141
    Price : $1,650,000
    Bedrooms : 4
    Baths Total : 3
    Bathrooms : 3
    Half Bathrooms : 0
    Square Footage : 12,480 Sqft
    Year Built : 1900
    Lot Area : 0.16 Acre
    Status : Active
    Property Sub Type : 5 Family+
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