LOCATION, LOCATION, LOCATION!! RARE OPPORTUNITY TO PURCHASE A LONGTIME ESTABLISHED WELL-KNOWN LANDMARK BUSSINESS (ROCKY"S PIZZA) ON BUSY INTERSECTION IN THE BUNKER HILL AREA OF WATERBURY. PROPERTY FEATURES 2 APARTMENTS ABOVE. ONE BEDROOM RENTED AT $800/MONTH, 2 BEDROOM UNIT AT 900/MONTH, WHICH IS UNDER MARKET VALUE($1200-1300/MONTH). RAISING RENTS TO MARKET VALUE WILL GIVE YOU MORE CASH FLOW. POTENTIAL MONTHLY INCOME IS $4500(IF BUSSINESS IS RENTED OUT). BOTH UNITS ARE IN VERY GOOD CONDITIONS, 1 BED UNIT JUST RENOVATED, ALL UNITS HAVE ELECTRIC HEAT, PAID BY TENANTS. IF A NEW BUYER WANTS TO RENT THE BUSSINESS IT WILL BRING AN EXTRA $2500/MONTH INCOME. CURRENT OWNER IS RETIRING FROM THIS SUCCESFUL BUSSINESS AFTER MORE THAN 30 YEARS ON THE SAME LOCATION. PROPERTY ALSO FEATURES FINISHED BASEMENT WHICH COULD BE USED FOR MULTIPLE PURPOSES. OWNER IS WILLING TO HELP NEW BUYER (IF ASKED) DURING TRANSITION TIME FOR ANYTHING NEEDED IN ORDER TO RUN THE BUSSINESS SMOOTHLY. PROPERTY SOLD AS-IS CONDITION, INSPECTIONS FOR BUYERS INFO PURPOSES.
$400,000 • 2.50%
Make OfferKoco Pela, William Raveis Real Estate
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