9 Kenyon Street
Waterbury, Connecticut

Description:

This two-family home offers a strong investment with reliable rental income and long-term tenants already in place. The first-floor unit rents for $1200/month with a lease through January, 2027. The second-floor tenant has been in place for five years and currently rents for $1,100/month (below market value) with a lease through June 30, 2026, offering excellent potential for increased future returns. Recent updates include a full exterior painting in March 2023 and a brand-new front deck installed in August 2023, boosting curb appeal and value. In August 2023, the first-floor bathroom was refreshed with a new toilet and vinyl flooring. Kitchen floor also replaced late 2023. Outside, tenants can enjoy a shared flat backyard-perfect for relaxing or outdoor activities. Nestled on a dead-end road, this property is conveniently located just minutes from shopping, downtown amenities, hospitals, and major highways. The current owner had planned to renovate the second-floor unit once the long-term tenant moved out, but for personal reasons relocated out of state and is sad to part with the property. The second-floor unit offers strong potential for renovation and an increase in market rental value. Property is being sold As-Is and is offering a one year American Home Shield Warranty.

Listing Courtesy of Coldwell Banker Realty