Listed by OXFORD REALTY
$379,900
Investor Friendly 3 Family w/8.5% CAP
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,309
Units 3
Cap Rate 8.48%
NOI $32,206
Occupancy 100%
Pro-Forma Cap Rate 9.23%
Pro-Forma NOI $35,056
Price per SqFt $115
Class D
Year Built 1918
Year Renovated 2020
Buildings 1
Stories 3
Acreage 0.110
Zoning RM
Parking Spaces 3 spaces
Parking per 1,000 SqFt 0.91
Investment Type Stabilized
Investor Friendly 3 Family w/8.5% CAP
Marketing description
Investor-friendly 3-family opportunity in the North End of Waterbury delivering strong in-place cash flow and 8.5% CAP. The property features a unit mix of two spacious 3-bedroom units (approx. 1,150 SF on the 1st & 2nd floors) and a 1-bedroom unit (approx. 1,000 SF on the 3rd floor). Fully occupied with separate, tenant-paid utilities, this asset offers low operating overhead and stable income from day one. Units have seen various updates throughout, enhancing tenant appeal and retention. Additional highlights include off-street parking and a convenient North End location with access to major routes, shopping, and amenities. Cash-flowing asset -ideal for investors seeking immediate returns.
Investment highlights
- 8.5% CAP
- Fully Occupied
- 3 bed, 3 bed, 1 bed Unit Mix
- Separate & Tenant Paid Utilities
- Off-Street Parking
Listing Contacts
Listed by OXFORD REALTY
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,206.00
$2,683.83/mo
Valuation Metrics
0
DSCR
8.48%
Cap Rate
8.48%
ROI
Map
Zoning
RM ResidentialMulti FamilyModerate Density Residential District
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View all 73 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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