197 South Leonard Street, Waterbury, CT 06708

Local realty services provided by:ERA Key Realty Services
#1#2#3
197 South Leonard Street,Waterbury, CT 06708
$1,500,000
  • 4 Beds
  • 3 Baths
  • 12,480 sq. ft.
  • Multi-family
  • Active
Listed by:amanda faroni-sheehan
Office:oxford realty
MLS#:24103088
Source:CT

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$120.19

About this home

Fantastic S End investment opportunity that's turn key with upside. This corner building is a total of 16 units that feature 2 beds, 1 beds and studio units. Many of the units offer a variety of renovations including new flooring, paint, fixtures, kitchen cabinets, counters, appliances and updated bathrooms. The hallways have been recently painted with new flooring as well. All utilities are separate & tenant paid - gas heat and hot water + separate & tenant paid electrical. There is fire monitoring throughout the building. There is a 5-car garage in back and some off-street parking for cars. Low maintenance with super on site and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 12.8+% ROI pro-forma. This property can be purchased as part of a larger portfolio sale.

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Home facts

  • Year built:1900
  • Listing Id #:24103088
  • Added:50 day(s) ago
  • Updated:July 13, 2025 at 11:29 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:12,480 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Baseboard

Structure and exterior

  • Roof:Flat
  • Year built:1900
  • Building area:12,480 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$120.19
  • Tax amount:$22,128 (July 2025-June 2026)
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