25 Piedmont Street

Waterbury, CT 06706 Directions
$2,500,000
  • 33Bed
  • 25Baths
  • 7,068Sqft
  • 0.21Acres
  • 1972Built
  • OtherStyle

Property Highlights

  • Price/Sqft: $354
  • Days on Market: 14
  • MLS: 24156126
  • Elementary: Hopeville

Property Highlights

  • Price/Sqft: $354
  • Days on Market: 14
  • MLS: 24156126
  • Elementary: Hopeville

**OPEN TO PACKAGE DEAL WITH 815 E MAIN** 25-37 Piedmont St is a 25-unit multifamily investment comprised of three buildings on one parcel with a shared parking lot. The property offers a desirable unit mix of studios, 1-bedroom, and 2-bedroom apartments, with many units recently renovated and positioned for continued rent growth. Stabilized performance targets an attractive 8.50% cap rate with an estimated 11.5% cash-on-cash return at entry, making this a compelling income-producing opportunity in a steady rental market. Inquire today for package pricing, financials, and next steps.

Property Highlights

  • Price/Sqft: $354
  • Days on Market: 14
  • MLS: 24156126
  • Elementary: Hopeville

**OPEN TO PACKAGE DEAL WITH 815 E MAIN** 25-37 Piedmont St is a 25-unit multifamily investment comprised of three buildings on one parcel with a shared parking lot. The property offers a desirable unit mix of studios, 1-bedroom, and 2-bedroom apartments, with many units recently renovated and positioned for continued rent growth. Stabilized performance targets an attractive 8.50% cap rate with an estimated 11.5% cash-on-cash return at entry, making this a compelling income-producing opportunity in a steady rental market. Inquire today for package pricing, financials, and next steps.

**OPEN TO PACKAGE DEAL WITH 815 E MAIN** 25-37 Piedmont St is a 25-unit multifamily investment comprised of three buildings on one parcel with a shared parking lot. The property offers a desirable unit mix of studios, 1-bedroom, and 2-bedroom apartments, with many units recently renovated and positioned for continued rent growth. Stabilized performance targets an attractive 8.50% cap rate with an estimated 11.5% cash-on-cash return at entry, making this a compelling income-producing opportunity in a steady rental market. Inquire today for package pricing, financials, and next steps.

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  • Additional Information
    • Acres: 0.21
    • Basement Description: Full, Unfinished
    • Garage: Driveway
    • Gross Expenses: 138755
    • Gross Income: 351000
    • High School: John F. Kennedy
    • Is Occupied?: Tenant
    • Living Area SqFt: 7,068
    • Property Tax: $22,295
    • Sewer: Public Sewer Connected
    • Style: Other
    • Tax Amount: $22,295
    • Unit Count: 25
    • Year Built: 1972
    • Year Built Details: Public Records
    • Zoning: RL
  • Interior Features
    • Air Conditioning: Window Unit
    • Beds: 33
    • Cooling: Window Unit
    • Full Baths: 25
    • Furnace Type: Natural Gas
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Hot Water: Natural Gas, 40 Gallon Tank
    • Rooms: 102
    • Total Baths: 25
  • Exterior Features
    • Exterior Siding: Brick
    • Roof: Asphalt Shingle, Flat

Listing Courtesy of Zachary Pinto of Alpha Capital Realty, Llc.

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