1900 East Main Street, Waterbury, CT 06705
1900 East Main Street, Waterbury, CT 06705
1900 East Main Street, Waterbury, CT 06705
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Scalzo Real Estate

Scalzo Real Estate

+1(203) 241-3444
$1,490,000
Est. payment /mo
4 Baths
12,348 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,348 sqft

Price per Sqft $120

MLS Listing ID 24214555

Full Baths 4

Year Built 1901

Annual Tax Amount $38,648

Lot Size 8,712 Sqft

Property Description

$300,000 IN SELLER FINANCING + RENTAL INCOME UPSIDE! At 1900 East Main St, Waterbury, the seller is willing to accept a $300,000 note toward the purchase price INSTEAD of receiving that amount in cash at closing-a major opportunity for buyers seeking seller financing! Combine a primary bank loan with a second-position seller note at 8% interest and a 10-year balloon, subject to lender approval, required buyer equity and agreed terms. This East End mixed-use property features 10 apartments, a grocery storefront and a long-standing bar space. Below-market apartment rents offer potential rental upside as leases and market conditions allow. Eight spacious two-bedroom apartments feature dining rooms, plus two main-level one-bedroom units. Some tenants are long-term residents. Electric baseboard heat is tenant-paid, and coin-operated laundry provides additional income. Highlights include a brand-new rubber membrane roof, a new monitored fire system with hardwired smoke detectors, fire-rated apartment entry doors, emergency lighting, security system and LED lighting. High visibility, foot and vehicle traffic, 12 off-street parking spaces and additional on-street parking enhance its appeal.

Location

State CT

County New Haven

Zoning CG

Interior

Interior Features Window Display

Heating Hot Air, Zoned

Cooling Central Air

Flooring Vinyl, Wall-to-Wall Carpet, Wood

Exterior

Exterior Feature Sidewalk, Door Sign

Parking Features Off Street Parking

Utilities Available Electric, Gas, Phone Available, Cable

Roof Type Membrane,Rubber

Building

Lot Description Corner Lot, Level Lot

Story 3

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Rob Rosa • Berkshire Hathaway NE Prop.

NEARBY SCHOOL & BUSINESS

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Scalzo Real Estate

Scalzo Real Estate

+1(203) 241-3444

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1900 East Main Street