Pleasantville Apartments

  • Title

    Multifamily Property for Sale

  • City

    Waterbury, CT

  • Price

    $810,000

  • Cap Rate

    8.03%

  • Gross Leasable Area

    13,500 SF

  • No. Units

    15

  • Price/SF

    $60.00

  • Price/Unit

    $54,000

  • Year Built

    1910

Not found amenities.

Northeast Private Client Group is pleased to present the Pleasantville Apartments, a 15-unit multifamily property located in the Bunker Hill neighborhood of Waterbury, Connecticut.

The Pleasantville Apartments are comprised of 15 two-bedroom, one-bathroom units. Tenants are responsible for their own heat and hot water, which is supplied through individual oil-fired furnaces. Tenants are also responsible for their own electric expense. The property features onsite laundry and ample off-street parking for the tenants. All units have hardwood floors.

A new owner can realized upside through raising rents to market levels.

Waterbury is a located on the Naugatuck River, 33 miles southwest of Hartford and 77 miles northeast of New York City. The city has a population of 108,629 residents with a median household income of $39,681. Of the population 56.3% are considered renters. Waterbury is serviced by Interstate 84, Route 8 and has a Metro-North Railroad stop with connections to Grand Central Terminal. The city is home to Post University, Naugatuck Valley Community College and regional campuses of UConn, the University of Bridgeport and Western Connecticut State University.

Pleasantville Apartments Offering Memo