37 days on market
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6 Grove Court, Waterbury CT 06710

Current Price: $450,000

9 beds 5 baths 3454 sq. ft

Last Update: 12/26/2024

Property Type: Multi-Family For Sale

Public Remarks

This exceptional 4-unit property offers the perfect combination of immediate rental income potential and long-term value appreciation, all in a neighborhood poised for exciting redevelopment. The first-floor unit is a spacious 3-bed, 2-bath with a large living room, kitchen, & generously sized bedrooms. On the second floor, Unit 2F features a comfortable 2-bedroom, 1-bath layout. At the same time, Unit 2R offers a flexible 1-bed, 1-bath design with a dining area that can easily be converted into a second bedroom, maximizing its rental potential. The third-floor unit shines with a 3-bed, 1-bath, a large living room, an eat-in kitchen, and a newly installed air handler for modern efficiency and comfort. Current rents under Market value- market rents in the area range from $1,200-$1,500 for 1-bedroom units, $1,400-$1,800 for 2-bedroom units, and $1,800-$2,400 for 3-bedroom units, providing a strong foundation for steady cash flow. The property has been meticulously maintained, with significant updates completed just 6 years ago, including new siding, roof, & a rear deck that adds both durability and curb appeal. Its oversized, driveway-like frontage offers privacy and ample parking for tenants and guests, while the detached garage provides bonus storage or workshop space, enhancing tenant satisfaction. Located on a quiet city street that is part of an area undergoing transformative redevelopment.

Map to Property at 6 Grove Court, Waterbury CT 06710


GPS

Residential Property Information for 6 Grove Court, Waterbury CT 06710

MLS #: 24060882

Style: Units on different Floors,4updown - Unit(s) per Fl

Color:

Total Rooms:

Bedrooms: 9

Bathrooms: 5

Acres: 0.1

Year Built: 1874 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $5,838

Zoning: CBD

Mil Rate:

Assessed Value: $118,090 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 3454; below grade sq feet total is ; total sq ft is 3454

Features
Fireplaces: 0
Basement Desc.: Full
Exterior Siding: Vinyl Siding
Foundation: Brick,Concrete
Roof: Asphalt Shingle
Driveway Type: Private
Garage/Parking Type: None,Paved,Off Street Parking,Driveway
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: City Views,Level Lot
Nearby Amenities: Basketball Court,Library,Medical Facilities,Park,Walk to Bus Lines
Occupied: Tenant
Utility Information

Hot Water System Domestic

Heat Type: Hot Air

Fueled By: Natural Gas.

Cooling: Ceiling Fans

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $450,000

Original List Price: $450,000

DOM: 37

Listing Date: 11/19/2024

Last Updated: 11/20/2024 3:00:31 PM

Listing Agent and Broker

List Agent Name: Mustafa Muaremi

List Office Name: Regency Real Estate, LLC