135 Prospect Street,Waterbury, CT 06710
Waterbury, CT 06710
Description
Exceptional 8-Unit Multifamily Investment Opportunity Well-maintained 8-unit asset featuring a strong unit mix of five 1-bedroom apartments, one 2-bedroom apartment, and two 3-bedroom apartments. Many units have been recently renovated and offer continued upside potential through future rent growth and additional value-add opportunities. Recent interior improvements include updated kitchens and bathrooms, vinyl plank and hardwood flooring, beautiful wooden decks, and large windows providing abundant natural light throughout many of the units. Utilities are separately metered and tenant-paid, helping reduce operating expenses and maximize investor returns. The property is currently operating at an attractive 8.0 CAP with well-maintained mechanicals and on-site parking available for tenants. Strategically located near Downtown Waterbury, St. Mary's Hospital, grocery stores, shopping, public transportation, and major highways, this property presents an excellent opportunity for investors seeking stable cash flow with long-term appreciation and rental growth potential.
Details
| MLS # | 24178591 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract - Continue To Show |
| Year | 1900 |
| Days On Site | 135 |
| Listing Provided By | Sky Realty Group | Vianeliz Henriquez |
Features
| Bed(s) | 13 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 4,729 |
| Basement | Y |
| Units | 8 |
| Zoning | RM |
| Acreage | 0.20 |
Interior
| Total Rooms | 38 |
|---|---|
| Cooling System | Wall Unit |
| Fireplaces Total | 0 |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof Information | Shingle |
| Foundation Type | Brick, Stone |
Parking
| Garage & Parking | Paved, Driveway |
|---|---|
| Parking Total Spaces | 10 |
Utilities
| Sewage System | Public Sewer Connected |
|---|
Taxes
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 13670 |
Area Information
| State | CT |
|---|---|
| County | New Haven |
| City | Waterbury |
| Zip Code | 06710 |
| Area | N | A |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| High School | Per Board of Ed |
| Listing VS Median (in 06710) | |
Price: $895,000 low | high Med: $2,375 sqft: 4,729 low | high Med: 2,558 $ / sqft: $189 low | high Med: $1 On site: 135 low | high Med: 129 | |
Market Activity 06710
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Learn More About This Property
| State | CT |
|---|---|
| County | New Haven |
| City | Waterbury |
| Zip Code | 06710 |
| Area | N | A |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| High School | Per Board of Ed |
| Listing VS Median (in 06710) | |
Price: $895,000 low | high Med: $2,375 sqft: 4,729 low | high Med: 2,558 $ / sqft: $189 low | high Med: $1 On site: 135 low | high Med: 129 | |
