Orange Street
Waterbury, Connecticut
$407,500 Price
6 Bedrooms  

Contract Signed

This fully-occupied 3-family property in Waterbury is an exceptional investment opportunity with a solid 7.2 percent cap. Featuring large, 800 SF 2-bedroom apartments on each floor with below-market rents. Which means huge upside potential for future rent increases! Each unit has electric heat and hot water, while gas is...

This fully-occupied 3-family property in Waterbury is an exceptional investment opportunity with a solid 7.2 percent cap. Featuring large, 800 SF 2-bedroom apartments on each floor with below-market rents. Which means huge upside potential for future rent increases! Each unit has electric heat and hot water, while gas is used for stoves, ensuring separate and tenant-paid utilities. With a low expense ratio and easy-to-manage structure, this property is perfect for both investors seeking strong cash flow and owner-occupants looking to maximize income potential. Don't miss out on this high-yield opportunity!

Listing courtesy of Sky Realty Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Contract Signed
Waterbury, Connecticut
Type: House
Price: $407,500
Re Tax: $2,949
Last Updated: 3/7/2025
Approx. sqft: 1,678 sf
Web ID: 24065569

Info & Amenities

Type: Multi Family
Rooms: 12.0
Bedrooms: 6
Bathrooms: 3.0
Built: 1900