Expand your investment portfolio with this fully rented package of six condominium units at 379 Perkins Avenue in Waterbury! Long-term tenants are in place in all of the 6 units, with all rents current, offering an established income stream from day one. Current condo and garage rents generate $7,305 per month-or $87,660 annually-with approximately $51,675 in annual net operating income. Each unit
Expand your investment portfolio with this fully rented package of six condominium units at 379 Perkins Avenue in Waterbury! Long-term tenants are in place in all of the 6 units, with all rents current, offering an established income stream from day one. Current condo and garage rents generate $7,305 per month-or $87,660 annually-with approximately $51,675 in annual net operating income. Each unit offers an identical layout with one bedroom, one full bathroom, approximately 608 square feet of living space, electric heat, and a one-car garage providing additional rental income. Similar condition throughout the units helps simplify ownership, while low HOA fees and a recently replaced roof add to the appeal of this convenient portfolio addition. An attractive opportunity for investors seeking established tenancy, consistent rental income, and the convenience of condo ownership. Sale includes Units 4, 5, 6, 7, 8, and 11, which must be purchased together as one package. All units will be delivered with current tenants in place. One unit available for showings, if further interest allows for additional units. See attachments for rent roll. All units on yearly leases, except one being month-to-month. ”Yearly maint” on rent roll is the total HOA cost of all 6 units together per year. 5 of the garage bays are rented by private individuals (not condo tenants). 6th garage bay is leased by condo tenant. Proof of funds/pre-qualification letter required before any showings. Seller will not hold any mortgages.
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