227 Hillside Avenue,Waterbury, CT 06710
Waterbury, CT 06710
Description
Not your average multifamily! This fully renovated 6-unit investment property has been extensively upgraded with quality improvements. The building is 100% occupied and consists of (6) spacious 2-bed, 1-bath apartments, each approx.. 800 SF. Current rents are below market, providing an excellent value-add opportunity through future rent adjustments. Each apartment has been nicely updated with white cabinetry, durable laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless entry systems with remote owner access. Major mechanical improvements include high-efficiency combi boilers, backup boilers and tankless water heaters for added reliability, plus a smart water meter with automatic leak detection and shutoff to help minimize maintenance concerns. Additional building enhancements include roof approx. 4yrs old, basement sprinkler systems, LED motion-sensor lighting throughout the common areas, security system, and a fire/emergency alarm system with a direct connection to the Fire Department. A coin/card-operated laundry room provides an additional source of income. Conveniently located with easy access to shopping, restaurants, public transportation, Downtown Waterbury, Route 8, and I-84. An exceptional turnkey investment offering strong in-place income, minimal deferred maintenance, and long-term upside. Can be purchased with multiple other buildings. One or more of this property's owners is a Real Estate Licensee.
Details
| MLS # | 24210241 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 12 |
| Listing Provided By | Oxford Realty | Amanda Faroni-Sheehan |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,800 |
| Basement | Y |
| Units | 6 |
| Zoning | RM |
| Acreage | 0.07 |
Interior
| Total Rooms | 24 |
|---|---|
| Cooling System | Window Unit |
| Fireplaces Total | 0 |
| Laundry Room Info | Coin Op Laundry, Common Laundry Area |
Exterior
| Exterior Features | Sidewalk, Porch, Gutters, Lighting |
|---|---|
| Roof Information | Flat |
| Foundation Type | Masonry, Stone |
Utilities
| Sewage System | Public Sewer Connected |
|---|
Taxes
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 11413 |
Area Information
| State | CT |
|---|---|
| County | New Haven |
| City | Waterbury |
| Zip Code | 06710 |
| Area | Hillside |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| High School | Per Board of Ed |
| Listing VS Median (in 06710) | |
Price: $745,000 low | high Med: $2,375 sqft: 4,800 low | high Med: 2,558 $ / sqft: $155 low | high Med: $1 On site: 12 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 | Hillside |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| High School | Per Board of Ed |
| Listing VS Median (in 06710) | |
Price: $745,000 low | high Med: $2,375 sqft: 4,800 low | high Med: 2,558 $ / sqft: $155 low | high Med: $1 On site: 12 low | high Med: 129 | |
