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362 Chipman Street | 170584015 | Berkshire Hathaway HomeServices New England Properties
Listing provided courtesy of William Raveis Real Estate - MLS#170584015MLS Provider

362 Chipman Street

Waterbury, CT 06708
Multi-Family · 4 Beds · 2 Full Baths · 2,060 Sq. ft. | 3.80 Acres

$425,000 Under Contract - Continue to Show

Overview

Time on Site:
69 days
Visits:
0

3.80 acres offers great development potential with income stream!!!! Welcome to this charming two-family home located in Waterbury. This property offers an exceptional opportunity for both comfortable living and income generation. With a total of four or 6 spacious bedrooms and two full bathrooms, this home provides ample space for residents to enjoy. As an income-producing property, this home has the potential to generate $2,625 per month, offering a lucrative opportunity for those seeking to invest in real estate. This home is ideally located for those seeking a suburban lifestyle with easy access to urban amenities. Waterbury is known for its rich history, vibrant community, and picturesque surroundings. Residents can enjoy a range of recreational activities, including parks, hiking trails, and nearby access to stunning natural landscapes. This property a feasibility study with wetland smarkings, surveys, and meets town requirement's for 14 building sites or more. Whether you're looking to supplement your income or start your real estate portfolio, this property presents an attractive option that makes it stand out. Don't miss the chance to explore the possibilities! Seller Wants quick SALE!!!! can get very creative with negotiating

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Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,060
  • Price/Sq.ft. $206
  • Lot 3.80 Acres

General

Association/HOA
  • Association Amenities: None
  • Association: No
School Information
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
Income/Expenses
  • Gross Income: 2625
  • Net Operating Income: 0
Listing Information
  • Bank Owned Property: No
  • Listing Type Description: Full Service
  • Potential Short Sale: No
Building Information
  • Home Warranty: No
  • Year Built: 1918
Location/Region
  • County Or Parish: New Haven
  • Neighborhood: Town Plot
  • Subdivision Name: possible
Building Exterior/Construction
  • New Construction Type: No/Resale
Community/Development
  • Community Features: Golf Course, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
Tax Information
  • Tax Annual Amount: $13,891.00
General Information
  • Flood Zone: No
  • Parcel Number: 1391307
  • Property Sub Type: 2 Family
  • Property Type: Multi-Family For Sale
  • Zoning: RS
Unit Information
  • Total Numof Units: 2

Interior

Parking Information
  • Garage Spaces: 2
Beds/Baths
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4
Building Exterior/Construction
  • Construction Description: Frame
Building Interior
  • Attic: No
  • Fuel Tank Location: Non Applicable
  • Heat Fuel Type: Natural Gas
  • Home Automation: Appliances,Electric Outlet(s),Lighting,Lock(s),Thermostat(s)
  • Hot Water Description: Domestic
  • Laundry Room Info: All Units Have Hook-Ups
  • Rooms Total Multi Family: 10
General Information
  • Basement: Full
  • Cooling: Window Unit
  • Fireplaces Total: 0
  • Foundation Details: Concrete
  • Heating: Radiator
  • Living Area: 2060

Exterior

Building Information
  • Driveway Type: Private, Asphalt
Parking Information
  • Parking Features: Detached Garage, Parking Lot
Lot Information
  • Lot Features: Level Lot, Lightly Wooded, Treed
  • Lot Size Acres: 3.8
  • Lot Size Source: Public Records
  • Water Source: Public Water Connected
Waterfront/View
  • Waterfront Features: Not Applicable
  • Waterfront: No
Building Exterior/Construction
  • Architectural Style: Units on different Floors
  • Color: gray
  • Construction Materials: Shake
  • Roof: Asphalt Shingle
General Information
  • Exterior Features: Porch-Enclosed, Shed
  • Number Of Units Total: 2
  • Pool Private: No
  • Sewer: Public Sewer Connected

Neighborhood

Community

06708 (Waterbury) Demographics
35
Median Age
3,093
Population Density (per sq. mile)
30%
College Educated
$56,658
Estimated Median Income
6,631
Estimated Total Home Owners
4,822
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
1
Public
B. W. Tinker School
  • Grades: PK - 5
  • Enrollment: 538
1
Public
Bunker Hill School
  • Grades: PK - 5
  • Enrollment: 474
2
Public
Carrington School
  • Grades: PK - 8
  • Enrollment: 494
1
Public
Duggan School
  • Grades: PK - 8
  • Enrollment: 478
Middle Schools
2
Public
Carrington School
  • Grades: PK - 8 /
  • Enrollment: 494
1
Public
Duggan School
  • Grades: PK - 8 /
  • Enrollment: 478
High Schools
1
Public
W. F. Kaynor Technical High School
  • Grades: 9 - 12 /
  • Enrollment: 800
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$178,852
Median Sales Price
$154
Median Price per Square Foot
40
Properties Sold
6
New on Market
42
Average Days on Market
21
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
8/29/2023Source: Smart MLS Status Change
Under Contract - Continue to Show
8/8/2023Source: Smart MLS Price Reduction
$425,000 -11.4%
7/14/2023Source: Smart MLS Added to Database
July 14, 2023