963 N Main St, Waterbury, CT 06704

Property Description

LARGE 2-FAMILY WITH OVER 3,000 SF IN WATERBURY'S NORTH END! Situated on North Main Street, this substantial multifamily property offers two spacious 3-bedroom, 1-bath apartments with a total of 3,091 SF of living space. The first-floor unit was completely remodeled prior to the current tenant's occupancy, while the second-floor apartment presents an excellent value-add opportunity for renovations and increased rental potential upon vacancy. LOW OPERATING EXPENSES! All utilities are separate and tenant-paid, including electric heat and hot water, minimizing owner expenses and maximizing cash flow potential. Conveniently located along North Main Street with easy access to shopping, restaurants, public transportation, major highways and local amenities. With generous apartment sizes, a renovated first-floor unit and future upside through improvements to the second floor, this property offers an attractive combination of existing rental income and long-term investment potential. A solid addition to any multifamily investment portfolio or owner occupant opportunity!