Listed by Ghent Realty Advisors
$715,000
49 HILL ST WATERBURY CT 06704
Details
APN WBRY M:0217 B:0178 L:0146
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 4,024
Net Rentable (SqFt) 4,024
Units 5
Cap Rate 9.00%
Tenancy Multi
Lease Type Gross
Class B
Year Built 1892
Year Renovated 2022
Buildings 2
Stories 3
Lot Size (SqFt) 6,534
Zoning RM
Ground Lease No
Ownership Fee Simple
Mixed Use - Residential / Retail
Marketing description
Mixed-use asset featuring four compact 3-bedroom apartments and one street-level retail space across two buildings. Building 1 consist of 2400 Sq Ft with 2 - 3 Bedroom apartments over 1 Commercial Space. The 2nd building consists of 1624 Sq Ft with 2 - 3 Bedroom apartments. Each Building underwent a full interior, exterior renovations with new mechanical systems, appliances. Unoccupied spaces are in rent ready condition. Located on a 0.15-acre lot, the property offers in-place income with additional upside from two unoccupied units. Ideal for investors seeking a diversified income-producing property with lease-up potential and long-term appreciation opportunities. See MLS # 24181506 & 24180981 for rental listings
Investment highlights
- Full Renovation 2022
- Stainless Steel Appliances
- Hardwood Flors
- Time Baths
- MLS Listing
Listing Contacts
Listed by Ghent Realty Advisors
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Zoning
RM ResidentialMulti FamilyModerate Density Residential District
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View all 73 uses
View all 73 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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