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....
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!
Listing courtesy of Sky Realty Group
Waterbury, Connecticut
Type: House
Price: $439,900
Re Tax: $2,211
Approx. sqft: 3,207 sf
Web ID: 24065561
Type: Multi Family
Rooms: 17.0
Bedrooms: 8
Bathrooms: 3.0
Built: 1908
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