241 Lincoln Street
241 Lincoln Street
$240,000
12
6
4,944
4,944
$49
Closed 2/24/21
Description
Investors take notice! Opportunity to own a nice six-unit investment property in the Waterville area of Waterbury off Thomaston Ave. This property has been well maintained and updated over the last few years - with newer windows, vinyl siding and rear porches. The unit mix consists of: (4) 1 bed units and (2) 2 bed units. It is currently 100% occupied by tenants. There are various unit updates throughout - hardwood floors, fixtures, kitchens and baths + good size units. Each apartment has a washer/dryer...Investors take notice! Opportunity to own a nice six-unit investment property in the Waterville area of Waterbury off Thomaston Ave. This property has been well maintained and updated over the last few years - with newer windows, vinyl siding and rear porches. The unit mix consists of: (4) 1 bed units and (2) 2 bed units. It is currently 100% occupied by tenants. There are various unit updates throughout - hardwood floors, fixtures, kitchens and baths + good size units. Each apartment has a washer/dryer hook-up. The building has gas heat and hot water - separate and tenant paid. The electric is updated and also separate/tenant paid. There is a huge paved parking area on one side with ample off-street parking. Good investment opportunity with cash flow - 22% ROI. Value add opportunity = rents are below market. Increase for 12% CAP proforma.
- Listed by Amanda R Faroni • Berkshire Hathaway NE Prop.P: (203) 314-4219 C: (203) 3144219 amandafaroni25@gmail.com
Property Details for 241 Lincoln Street
Basement Description
Full, Unfinished
Direct WaterfrontNo
Garages Number0
NeighborhoodWaterville
StyleUnits on different Floors, Units are Side-by-Side
Garage Parking InfoPaved, Unassigned Parking, Off Street Parking
Swimming PoolNo
Location
LISTING UPDATED: 02/26/2021 05:25 PM
Property Details for 241 Lincoln Street
Status | Closed |
---|---|
MLS # | 170356336 |
Days on Market | 4 |
Taxes | $7,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 5 Family+ |
Year Built | 1909 |
Lot Size | 0.23 AC / 10,018 SF |
County | New Haven County |
Location
Building Information for 241 Lincoln Street
Stories-Residences6Year Built1909Building Size-Lot Size0.23 AC / 10,018 SF
Payment Calculator
$1,893 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 241 Lincoln Street
Property History for 241 Lincoln Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 241 Lincoln Street
Taxable ValueLand$39,130Additions$197,470Total$236,600
Tax Record2023$12,821 ($1,068 / month)
Home Facts
Total Finished SqFt4,944 SqFtAbove Grade Finished SqFt4,944 SqFtUnfinished Basement SqFt1,648 SqFtStories3Lot Size10,019 SqFtStyleMulti-Family Res (5+ Units)Year Built1909Year Renovated1960ZoningRMCountyNEW HAVENAPNWBRY M:0178 B:0536 L:0041
Schools near 241 Lincoln Street
This home is within Waterbury School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 1 to 5 |
Rating | School | Distance |
---|---|---|
Driggs School PublicPK to 5 | ||
North End Middle School Public6 to 8 | ||
Wilby High School Public9 to 12 | ||
Bunker Hill Bdlc Public1 to 5 |
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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