119 Bunker Hill Avenue
Waterbury,
Connecticut
06708
- For Sale
- 1840 SqFt
- Year Built 1915
- Multi Family
- ML# 170517001
Property Details
Overview
LOCATION, LOCATION!! CHANCE TO PURCHASE A LONGTIME ESTABLISHED WELL KNOWN LANDMARK BUSSINESS(ROCKYS PIZZA) OF BUNKER HILL NEIGHBORHOOD WITH THE BUILDING AT THE SAME TIME. THIS 3 FAMILY IS HOUSING FOR OVER 30 YEARS ROCKYS PIZZA ON THE 1ST FLOOR AND 2 APARTMENTS ABOVE, WHICH ARE RENTED IN MONTH TO MONTH, NO LEASE IN PLACE. ONE BEDROOM RESENTLY RENTED AT $800/MONTH, 2 BEDROOM UNIT AT 900/MONTH, WHICH IS UNDER MARKET VALUE($1200-1300/MONTH) BRINGING THE RENTS TO THE MARKET VALUE WILL GIVE YOU MORE CASH FLOW FOR YOUR BUSSINESS, MAKING IT MORE PROFITABLE.POTENTIAL MONTHLY INCOME IS $4500(IF BUSSINESS IS RENTED OUT) BOTH UNITS ARE IN VERY GOOD CONDITIONS, 1 BED UNIT JUST GOT RENOVATED, ALL UNITS HAVE ELECTRIC HEAT, PAID BY TENANANTS. IF A NEW BUYER WANTS TO RENT THE BUSSINESS IT WILL BRING AN EXTRA $2500/MONTH INCOME. CURRENT OWNER IS RETIRING FROM THIS SUCCESFUL BUSSINESS AFTER MORE THAN 30 YEARS ON THE SAME LOCATION. OWNER IS WILLING TO HELP NEW BUYER(IF ASKED) DURING TRANSITION TIME FOR ANYTHING NEEDED IN ORDER TO RUN THE BUSSINESS SMOOTHLY. PROPERTY SOLD AS-IS CONDITION, INSPECTIONS FOR BUYERS INFO PURPOSES.
Key Facts
- •SqFt: 1840.00
- •Style: 3updown - Unit(s) per Floor
- •Lot Size: 0.15
- •Lot Sq Ft: 1840
- •Zoning: RL
- •Construction Materials: No/Resale
- •Building Size: 1840
- •Garage: 0.0
- •Parking Facilities: Parking Lot
- •Waterfront Desc: Not Applicable
- •Heat: Baseboard
- •A/C: Wall Unit
- •Water: Public Water Connected
- •Sewer: Public Sewer Connected
Listing Information provided courtesy of
William Raveis Real Estate
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