223 Meadow StreetNaugatuck, CT 06770MLS Number 170491433

  • Price: $1,200,000
  • 42 Days on Market
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Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
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  • 0.29Acreage
  • 1900Year Built
  • 14,252Square Feet

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14,252 Sq foot foot brick building, 4 stories plus finished lower level. Totally renovated, mixed usage building (offices & residential). 6 Upscale apartments - 4 are 1 bedrooms apartments and 2 are 2 bedroom apartments and 4 offices. Four of the residential units have a private balcony and 2 have a shared balcony overlooking downtown Naugatuck. There's an elevator, handicapped ramp, newer roof and windows in this brick building and 16 off street parking spaces. The building is fully rented. Tons of charm as this was the old St. Francis convent. The building has the possibility of being subdivided into condos since there are no shared utilities. Tenants pay all their own utilities including city water/sewer. One of the owners is a licensed broker and is the listing agent.
Listed by Rebecca Zandvliet of Coldwell Banker Realty 2000

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More Info

Basic Information

  • Broker NameColdwell Banker Realty 2000
  • List Price$1,200,000
  • MLS Number170491433
  • Property TypeCommercial For Sale
  • StatusSHOW
  • TownNaugatuck
  • Virtual TourView Tour
  • Gross annual expense$56,913
  • Gross annual income$128,700
  • Commercial catagoryOffice, Residential Income
  • Also for leaseNo
  • MLS StatusUnder Contract - Continue to Show

Interior

  • Handicap FeaturesRamps
  • Interior featuresElevator, Fire Suppression System

Utilities

  • Heat SystemHot Air
  • Heating FuelNatural Gas
  • Utilities availableElectric, Gas, Cable
  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$505,190
  • Taxes$24,123
  • Tax YearJuly 2021-June 2022
  • Milrate base47
  • Milrate total47.75

Building

  • FoundationBrick
  • RoofAsphalt Shingle, Membrane
  • Year Built1900
  • Building ConstructionBrick
  • AtticNo
  • Garage Spaces
  • FlooringTile, Wall-to-Wall Carpet, Wood
  • Garage Parking InfoPaved, Off Street Parking
  • Square Feet14,252
  • Restrooms number of17
  • Stories4
  • Additional space availableNo

Other

  • Documents AvailableLead Disclosure, Mechanical Drawing
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableNo
  • Space is leasedNo
  • Present useOffice space & residential
  • Potential useConversion to condos
  • View Count1

Basic Information

  • Agent IDZANDVLRE

Location

  • CountyNew Haven
  • LocationDowntown
  • StateCT
  • Zip06770

Property

  • Acreage0.29
  • Lot DescriptionLevel Lot
  • Parking Spaces16
  • Parking spaces covered
  • Parking spaces uncovered16
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business includedNo
  • Road Frontage DescriptionInterstate Highway, Paved Road
  • SwimmingpoolNo

Exterior

  • Exterior featuresGutters, Lighting, Sidewalk

Auction

  • Bank owned propertyNo
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

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