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26772257
26772236

278 Willow St, Waterbury, CT 06710

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY
$475,000
289 days on market
Updated 44 days ago

Big Unit Mix + CASH FLOW to Owner Occ or Invest

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,600
Units 3
Cap Rate 8.61%
NOI $40,904
Occupancy 66%
Pro-Forma Cap Rate 8.61%
Pro-Forma NOI $40,904
Price per SqFt $132
Class C
Year Built 1898
Year Renovated 2025
Buildings 1
Stories 3
Zoning RM
Parking Spaces 0 spaces
Investment Type Owner/User

9% CAP | Big Unit Mix + CASH FLOW to Owner Occ or Invest

Marketing description

Don't miss this spacious and updated 3-family property in the desirable Hillside area, with big unit mix, just minutes from Downtown Waterbury. Whether you're looking to live in one unit and rent the others, or start/add to your investment portfolio, this property checks all the boxes. The unit breakdown is as follows: 1st floor is 3 bed/1 bath; 2nd floor is 2 bed/2 bath & 3rd floor is 4 bed/2 bath. Each apartment also includes in-unit laundry hookups. All utilities are separate and tenant-paid (electric) - keeping owner expenses low and returns high. Exterior features include low-maintenance vinyl siding and on-street parking. The property is updated and turnkey - no work needed to start collecting rent or moving in. Conveniently located near Downtown, highway access, the Brass Mill Mall, other shopping/dining options, and other amenities. Whether you're looking to live in one unit and rent the others or add a cash flowing asset, don't miss this opportunity.

Investment highlights

TURN KEY

CASH FLOW

Big Unit Mix

Separate & Tenant Paid Utilities

Low Maintenance

Renovated

Can be Purchased w/Other 3 Families

Listing Contacts

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,904.00
$3,408.67/mo

Valuation Metrics

0
DSCR
8.61%
Cap Rate
8.61%
ROI

Map

Zoning

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RM ResidentialMulti FamilyModerate Density Residential District
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View all 73 uses
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Amanda Faroni-Sheehan
License
REB.0793328 CT
Brokerage
Oxford Realty
Brokerage Phone
2033144219
Title
Managing Broker
Brokerage Address
151 New Park Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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