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New England Realty Associates

Kimmy Hom
New England Realty Associates
Property Price: $395,000.00
Property Type: Commercial/Industrial
House Style: Other
Bathrooms: 3
Status: Pending
Marketing Remarks:

Investors take notice. A mixed-use property located at the desirable area in Waterbury. A successful eat-in and take out Restaurant on the ground floor with a detached garage. Lease will expire in 2029. Four bedrooms/two bathrooms residential unit on the 2nd floor with large deck. Roof is 3 years old. Rents are below market; 2nd floor lease will expire in July 2024. Current annual gross income is $43,800 and tenants pay their own utilities. 2nd Floor rent will raise to $2,300 after July 2024. The potential annual gross income will be $55,200. Great income property. Don't miss this investment opportunity.

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New England Realty Associates

Kimmy Hom
New England Realty Associates
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