23 W Porter St

Waterbury, CT 06708

$500,000
Last Sold Price
12
Beds
10,584 Sq. Ft.
$47 / Sq. Ft.
10,584
Sq. Ft.
$47
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 3/4/22
Closed 3/4/22

Description

Don't miss this 12 unit VALUE ADD opportunity! This offering consists of (2) adjacent six-unit properties with a shared driveway and ample rear parking. #23 is fully occupied building with all 2 bed/1 bath units. It features a newer roof (less than 5 yrs), vinyl siding and some replacement windows. The utilities are separate and tenant paid - electric heat and gas HW + cooking. The hot water heaters are newer and electrical is updated to circuit breakers. There are washer/dryer hookups in the units...Don't miss this 12 unit VALUE ADD opportunity! This offering consists of (2) adjacent six-unit properties with a shared driveway and ample rear parking. #23 is fully occupied building with all 2 bed/1 bath units. It features a newer roof (less than 5 yrs), vinyl siding and some replacement windows. The utilities are separate and tenant paid - electric heat and gas HW + cooking. The hot water heaters are newer and electrical is updated to circuit breakers. There are washer/dryer hookups in the units and various interior updates - some flooring, fixtures, kitchens and baths. All tenants are M to M w/below market rents = big upside. #27 is a 6 unit property that is fully gutted and needs interior renovation including: electrical, plumbing, HVAC, sheetrock, flooring, and finishes. All units are also 2 bed/1 bath. It does have vinyl siding and a newer roof (less than 5 yrs) + some replacement windows. HUGE HUGE potential here with high ARV. The properties are across from Duggan School and in close proximity to Town Plot, highway access and local dining/shopping. Proforma value $900k + with 10% CAP & $90k NOI.
  1. Listed by Amanda R Faroni • Vanguard Private Client Grp
    P: (203)-314-4219 C: (203)-314-4219 amandafaroni25@gmail.com

Property Details for 23 West Porter Street

Basement Description
Full, Unfinished
Direct Waterfront
No
Garages Number
0
Neighborhood
Brooklyn Center
Style
Units on different Floors
Garage Parking Info
Unpaved, Driveway, Off Street Parking
Swimming Pool
No
LISTING CLOSED: 03/04/2022 12:00 AM

Property Details for 23 West Porter Street

StatusClosed
MLS #170461586
Days on Market6
Taxes$3,210 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1930
Lot Size0.43 AC / 18,730 SF
CountyNew Haven County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Vanguard Private Client Grp, Amanda R Faroni

Sold By Vanguard Private Client Grp, Amanda R Faroni

Add your commute

Building Information for 23 West Porter Street

Stories-Residences12Year Built1930Building Size-Lot Size0.43 AC / 18,730 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$2,809 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,541

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 23 West Porter Street

Summary
Property and Location
  • Acres Source: Public Records
  • Association Amenities: None
  • Directions: Bank St to West Porter
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.542496
  • Longitude: -73.047436
  • Neighborhood Amenities: Commuter Bus, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2021-June 2022
  • Property Tax: $3,210
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: Yes
  • Laundry Room Info: All Units Have Hook-Ups
  • Rooms Total: 30
Property
Property and Assessments
  • Color: Yellow
  • Construction Description: Frame
  • Driveway Type: Private
  • Elevation Certificate: No
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Fuel Tank Location: Non Applicable
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle, Shingle
  • Year Built: 1930
  • Year Built Source: Public Records
  • Bank Owned Property: Yes
  • Sq Ft Description: total SF is for 23 & 27 W Porter St - listing is 2 properties COMBINED
  • Living Area SQFT Per Public Records: 5376
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1390118
  • Sq Ft Est Heated Above Grade: 10584.0
  • Sq Ft Total: 10584.0
  • Zoning: RH
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Natural Gas
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 27060
  • Gross Annual Income: 42000
  • Net Operating Income: $12,840
  • Occupied By: Tenant
  • Total Number of Units: 12
  • Total Rooms Multi Family: 30
Building Details
  • Unit Count: 6
Unit 1
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 01-15-2022
  • Unit Monthly Rent: $500
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 01-15-2022
  • Unit Monthly Rent: $500
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 01-15-2022
  • Unit Monthly Rent: $600
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 01-15-2022
  • Unit Monthly Rent: $600
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 01-15-2022
  • Unit Monthly Rent: $600
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 01-15-2022
  • Unit Monthly Rent: $700
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 23 West Porter Street

DateEvent & SourcePriceAppreciation
Feb 22, 2022

Closed (Public Record)

Public Record #1485468025

$500,000

+21.2% / yr

Mar 18, 2016

Closed (Public Record)

Public Record #1068062849

$160,000—
Mar 2, 2016

Closed (Public Record)

Public Record #568062849

$160,000—
DateEvent & SourcePrice
02/22/2022

Closed (Public Record)

Public Record #1485468025

$500,000

+21.2% / yr

03/18/2016

Closed (Public Record)

Public Record #1068062849

$160,000
03/02/2016

Closed (Public Record)

Public Record #568062849

$160,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 23 West Porter Street

Taxable ValueLand$41,160Additions$168,840Total$210,000
Tax Record2024$9,446 ($787 / month)
Home Facts
Total Finished SqFt5,376 SqFtAbove Grade Finished SqFt5,376 SqFtUnfinished Basement SqFt1,792 SqFtStories3Lot Size9,583 SqFtStyleMulti-Family Res (5+ Units)Year Built1930Year Renovated1954ZoningRHCountyNAUGATUCK VALLEYAPNWBRY M:0390 B:1028 L:0074

Schools near 23 West Porter Street

This home is within Waterbury School District.
Rating
School
Type
Grades
Distance
Duggan School
Public - PK to 8
John F. Kennedy High School
Public - 9 to 12
Roberto Clemente International Dual Language School
Public - PK to 4
Wilby ESC
Public - 10 to 12
Rating
School
Distance
Duggan School
PublicPK to 8

John F. Kennedy High School
Public9 to 12

Roberto Clemente International Dual Language School
PublicPK to 4

Wilby ESC
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
23-27 West Porter Street, Waterbury, CT 06708
$160,000
–
10,584
0.22
17 West Porter Street, Waterbury, CT 06708
$75,000
–
3,105
0.19
13 West Porter Street, Waterbury, CT 06708
$65,000
–
2
2,004
0.12
24 West Porter Street, Waterbury, CT 06708
$10,000
–
–
–
0.25
22 West Porter Street, Waterbury, CT 06708
$1,800,000
–
–
15,056
0.41

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Vanguard Private Client Grp, Amanda R Faroni

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.