75 Woodward Avenue
Waterbury, Connecticut

Description:

Welcome to 75 Woodward - a solid multifamily investment opportunity offering strong in-place income (7.6% Actual Cap!) with upside potential. This well-maintained property features three spacious 3-bedroom, 1-bath units, all fully occupied with separate, tenant-paid utilities, keeping operating expenses low. Each unit offers oversized layouts, making them highly desirable for long-term tenants. Recent improvements include newer furnaces (2021,2023,2014) and windows, adding efficiency and long-term value. The property also offers off-street parking plus a 2-car garage, a major amenity for tenants. With current rents below market, there is clear upside potential through rent increases, making this an excellent opportunity for both seasoned investors and those looking to grow their portfolio.

Listing Courtesy of Century 21 AllPoints Realty