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29175687
29175695

16 Plaza Ave, Waterbury, CT 06710

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY
$475,000
173 days on market
Updated 0 days ago

Remodeled 3 Family w/Cash Flow

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,178
Units 3
Cap Rate 8.25%
NOI $39,195
Pro-Forma Cap Rate 8.25%
Pro-Forma NOI $39,195
Price per SqFt $149
Class C
Year Built 1900
Year Renovated 2025
Buildings 1
Stories 3
Acreage 0.090
Zoning RM
Investment Type Owner/User

Remodeled 3 Family w/Cash Flow to Invest or Owner Occupy

Marketing description

Turn-key 3-family offering an excellent opportunity for owner-occupants or investors seeking immediate cash flow. The property features three very spacious 3-bedroom units on 1st & 2nd floor + 2-bedroom unit on the 3rd floor, each with open living areas and functional layouts. The units have been recently updated with new flooring, renovated kitchens, and updated bathrooms, providing modern finishes that are esthetically pleasing. Exterior highlights include low-maintenance vinyl siding and replacement windows. Tenant-paid heat and hot water + separate electrical panels help support favorable low operating expenses. With strong rental demand for 3-bedroom units and a turn key property, this well-maintained multi-family is a solid, income-producing asset ready for its next owner.

Investment highlights

Remodeled 3 Family

Invest or Owner Occupy

(2) 3 Bed + (1) 2 Bed Unit

Separate & Tenant Paid Utilities

Replacement Windows & Vinyl Siding

On-Street Parking

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
$--
$--
Annual Cash Flow
$39,195.00
$3,266.25/mo

Valuation Metrics

0
DSCR
8.25%
Cap Rate
8.25%
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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