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28825042
28825059

55 Plaza Ave, Waterbury, CT 06710

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY
$489,900
192 days on market
Updated 8 days ago

Owner-Occupants & Investors Take Notice!

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,733
Units 3
Cap Rate 7.91%
NOI $38,733
Occupancy 83%
Pro-Forma Cap Rate 7.91%
Pro-Forma NOI $38,733
Price per SqFt $131
Class C
Year Built 1908
Year Renovated 2025
Buildings 1
Stories 3
Acreage 0.100
Zoning RM
Parking Spaces 3 spaces
Parking Per SqFt 0.80
Investment Type Owner/User

Owner-Occupants & Investors Take Notice! Fantastic Opportunity in the Hillside Neighborhood

Marketing description

Owner-Occupants & Investors Take Notice! Fantastic opportunity in the Hillside neighborhood. This well-maintained three-family property offers strong cash-flow potential with two spacious 4-bedroom/1-bath units and one 2-bedroom/1-bath unit. The 1st-floor unit is move-in ready, making it an ideal choice for an owner-occupant. All utilities are separate and tenant-paid, featuring electric heat and hot water. The electrical system has been updated with individual circuit breaker panels for each unit, plus an owner's meter. Exterior highlights include vinyl siding, replacement windows, and off-street parking for up to three vehicles. Whether you're an investor seeking a solid addition to your portfolio or an owner-occupant looking to build equity while generating rental income, this property checks all the boxes. Projected 8% CAP rate at full occupancy.

Investment highlights

  • Owner-Occupants & Investors Take Notice!

  • Fantastic opportunity in the Hillside neighborhood

  • Separate and Tenant Paid Utilities

  • Vinyl Siding & Replacement Windows

  • 8% CAP rate at full occupancy

Listing Contacts

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

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$38,733.00
$3,227.75/mo

Valuation Metrics

0
DSCR
7.91%
Cap Rate
7.91%
ROI

Map

Zoning

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RM ResidentialMulti FamilyModerate Density Residential District
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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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