60 Alder St

2,146 Sq. Ft.
$94 / Sq. Ft.
2,146
Sq. Ft.
$94
per Sq. Ft.

Description

Town Plot neighborhood, three-family opportunity available with 11% CAP rate + 26% ROI. This is a turn key three-family ready for someone to owner occupy or start investing. The 1st & 2nd floor are 2 bed/1 bath and the 3rd fl is a 4 bed/1 bath unit. The roof is BRAND NEW w/full strip and chimney rebuild. The property also has some replacement windows throughout. The units feature newer kitchens, baths, laminate flooring + updated fixtures. The utilities are separate and tenant paid - electric H,...Town Plot neighborhood, three-family opportunity available with 11% CAP rate + 26% ROI. This is a turn key three-family ready for someone to owner occupy or start investing. The 1st & 2nd floor are 2 bed/1 bath and the 3rd fl is a 4 bed/1 bath unit. The roof is BRAND NEW w/full strip and chimney rebuild. The property also has some replacement windows throughout. The units feature newer kitchens, baths, laminate flooring + updated fixtures. The utilities are separate and tenant paid - electric H, HW and cooking. There is a driveway to the left of the property (neighbor has an easement) with dirt parking area behind. Increase rents for 11.5+% CAP proforma. Location, LOW maintenance + minimal expenses make this is a great opportunity for someone looking to start their portfolio or add on.
  1. Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
    P: (860)-508-2102 C: (860)-508-2102 mulveylisa@gmail.com

Property Details for 60 Alder Street

Basement Description
Full, Unfinished
Direct Waterfront
No
Garages Number
0
Neighborhood
Town Plot
Style
Units on different Floors
Garage Parking Info
Paved, Off Street Parking
Swimming Pool
No
LISTING CLOSED: 07/28/2021 12:00 AM

Property Details for 60 Alder Street

StatusClosed
MLS #170362188
Days on Market82
Taxes$4,607 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1900
Lot Size0.11 AC / 4,791 SF
CountyNew Haven County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi

Sold By YellowBrick Real Estate LLC, Christopher S Marshall

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Building Information for 60 Alder Street

Stories-Residences3Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$1,391 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,007

Property Taxes

$384

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 60 Alder Street

Summary
Property and Location
  • Acres Source: Public Records
  • Association Amenities: None
  • Directions: Washington Ave/Congress Ave to Alder St.
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.54485
  • Longitude: -73.05013
  • Neighborhood Amenities: Commuter Bus, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2021-June 2022
  • Property Tax: $4,607
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting, Porch, Sidewalk
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Crawl Space
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: Yes
  • Laundry Room Info: All Units Have Hook-Ups
  • Rooms Total: 14
Property
Property and Assessments
  • Color: Beige
  • Construction Description: Frame
  • Driveway Type: Private, Dirt
  • Elevation Certificate: No
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Concrete
  • Fuel Tank Location: Non Applicable
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2146
Lot Information
  • Lot Description: Sloping Lot
  • Parcel Number: 1388477
  • Sq Ft Est Heated Above Grade: 2146.0
  • Sq Ft Total: 2146.0
  • Zoning: RM
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • 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: 9427
  • Gross Annual Income: 33000
  • Net Operating Income: $21,923
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 14
Building Details
  • Unit Count: 3
Unit 1
  • Lease: Leased
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 02-11-2021
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 02-11-2021
  • Unit Monthly Rent: $1,150
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 3
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 02-11-2021
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant

Property History for 60 Alder Street

DateEvent & SourcePriceAppreciation
Jul 28, 2021

Closed (Public Record)

Public Record #1468429827

$202,000

+7.3% / yr

May 6, 2015

Closed (Public Record)

Public Record #532338722

$130,000

-2.2% / yr

Dec 21, 2004

Closed (Public Record)

Public Record #154016219

$163,000

+42.7% / yr

DateEvent & SourcePrice
07/28/2021

Closed (Public Record)

Public Record #1468429827

$202,000

+7.3% / yr

05/06/2015

Closed (Public Record)

Public Record #532338722

$130,000

-2.2% / yr

12/21/2004

Closed (Public Record)

Public Record #154016219

$163,000

+42.7% / yr

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

Public Records for 60 Alder Street

Taxable ValueLand$14,350Additions$136,220Total$150,570
Tax Record2024$6,773 ($564 / month)
Home Facts
Baths3Total Finished SqFt2,146 SqFtAbove Grade Finished SqFt2,146 SqFtUnfinished Basement SqFt130 SqFtStories3Lot Size4,792 SqFtStyleTriplexYear Built1900Year Renovated1965ZoningRMCountyNAUGATUCK VALLEYAPNWBRY M:0366 B:0678 L:0090

Schools near 60 Alder Street

This home is within Waterbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 4
Public - 10 to 12
Rating
School
Distance
Duggan School
PublicPK to 8

John F. Kennedy High School
Public9 to 12

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.

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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 Berkshire Hathaway NE Prop., Lisa Cozzi

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.