new - 2 days on rocket

1215 Bank St, Waterbury, CT, 06708

$495,000

Home List Price

$5,878*

Closing Credit

11 Bedrooms
4 Full Baths
3,182 SqFt
$156/SqFt
Multi

Location

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1215 Bank St, Waterbury$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1890
HeatingHot Water
CoolingNone
BasementYes
MLS #24055812
Lot Size0.18 Acres
StatusActive

About 1215 Bank St

Great turn-key investment opportunity available to both primary homeowners, as well as investors. This 4-family property has a very strong rent roll and a vacant unit available for primary homeowners. This property yields a 22% return at full market values, amounting to a yearly net cash flow of $39,000. There are three 3-bedroom units and one 2-bedroom unit. The high bedroom counts provide significant upside in lease up. Three of the four units have undergone substantial renovations over the last 2 years. The property also features updated electric panels, newer mechanicals, off-street parking, and a BRAND NEW ROOF, with tenant paid utilities. FHA eligible.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 3,182 SqFt

Listing Office:

  • Office Name: Realty Exclusive LLC
  • Office Phone: (203) 577-5900
  • Listing Agent: Anthony Velez

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: 1215 bank st, Waterbury, Ct Park street side

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $156/SqFt

Tax Information:

  • Annual Amount: $5,888
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Waterbury, CT.

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Waterbury, CT

City

Med. Sold Price

$265K

Med. Price/SqFt

$170

# of Sold Homes

81

1215 Bank St vs Waterbury

2 DAYS ON ROCKET

$495,000

+$230K More

$156/SqFt

-$15 Less

KEY TAKEAWAY

This property is $230K more than the Median Sold Price and $15/SqFt less than other homes in Waterbury, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24055812

Listing Office:

  • Office Name: Realty Exclusive LLC
  • Office Phone: (203) 577-5900
  • Listing Agent: Anthony Velez

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/27/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 19, 2011Home Sold
$12,000
Aug 23, 2005Home Sold
$205,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,888$97,790
2020$5,888$97,790
2019$5,888$97,790
2018$5,888$97,790
2017$6,077$100,930

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-725830
3
/10

  • B. W. Tinker School

  • 809 Highland Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-725831
5
/10

  • Washington School

  • 685 Baldwin St

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-725832
4
/10

  • Maloney Interdistrict Magnet School

  • 233 S Elm St

  • 0.79 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,443. Residents of Waterbury, CT typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Waterbury, CT

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Waterbury, CT?

Waterbury's housing market is diverse, offering a range of options from historic colonial homes to more contemporary condominiums and apartment complexes. Single-family homes are prevalent, with a mix of architectural styles that reflect the city's rich history and growth through the 20th century. The homeownership rate in Waterbury is robust, with a significant portion of residents owning their homes, while the remainder of the population resides in rental properties, including multi-family units and high-rise apartments.

Is Waterbury, CT a good place to live?

Waterbury is celebrated for its strong sense of community and rich industrial history, which is evident in its architecture and local museums. The city prides itself on its cultural events, including the annual Brass City Brew Fest, which showcases the community's spirit and hospitality. The downtown area, with its historic buildings and public spaces, serves as a hub for community gatherings and cultural activities, reflecting the city's character as a place where tradition and progress coexist.

Are things conveniently located in Waterbury, CT?

The community is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of academic preferences. Waterbury's healthcare infrastructure includes a major hospital that provides a full spectrum of services from emergency care to specialized treatments. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options are plentiful, offering both national chains and local establishments that contribute to the city's unique flavor.

What does the transportation in Waterbury, CT look like?

Waterbury's transportation infrastructure includes a mix of public transit options, with bus services connecting various neighborhoods and key areas within the city. The frequency of these services varies, with some routes offering regular hourly schedules. Ride-sharing services are available, providing additional flexibility for residents and visitors. The city is also connected by a network of roads and highways, making it accessible for those commuting by car. Efforts to enhance walkability and bikeability are ongoing, with certain districts being more pedestrian-friendly and offering safer routes for cyclists.

Rocket Homes›Connecticut›New Haven County›Waterbury›06708›1215 Bank St

This home is located at 1215 Bank St in Waterbury, CT and zip code 06708. This 3,182 square foot home, which was built in 1890, sits on a 0.18 acre lot. Features: 11 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $495,000.

Over 48 listings were sold over their listed price in September 2024 in Waterbury, CT. In the same period over 23 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Waterbury, CT between August 2024 and September 2024 decreased by 5.1%.

From Rocket Homes Real Estate and based on county public records data.

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