197 South Leonard Street | Waterbury South End

$1,500,000 | 16 Baths (16 Full) | 12,480 Sq. Ft.

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. SmartMLS 24103090

Directions to property: on S Leonard by BENDER.

MLS Listing ID: 
SmartMLS 24103090
Building Details
Details about the building on a property.
Stories: 
4
Year Built: 
1900
Living Area: 
12,480
Construction
Foundation Details: 
Masonry, Stone
Roof: 
Flat
Exterior Features: 
Sidewalk, Gutters, Lighting
Room Details
Details about the rooms in the building.
Total Rooms: 
0
Total Bedrooms: 
0
Total Bathrooms: 
16
Total Full-Bathrooms: 
16
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard
Heating System Fuel: 
Natural Gas
Cooling System: 
Window Unit
Water Source: 
Public Water Connected
Sewer: 
Public Sewer Connected
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.16
Waterfront: 
0
Lot Features
Total Parking Spaces: 
20
Garage: 
Off Street Parking, Driveway
Public Record
Parcel Number: 
1391825
Annual Tax: 
$24,323.00
Property Zoning: 
IG
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
6/10/2025
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Amanda Faroni-Sheehan
Listing Office Name: 
Oxford Realty