5 Hill Street, Waterbury, CT 06704
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
5 Hill Street,Waterbury, CT 06704
$800,000
- 18 Beds
- 6 Baths
- 9,684 sq. ft.
- Multi-family
- Active
Listed by: vianeliz henriquez(203) 707-7259
Office: sky realty group(860) 638-9748
MLS#:24202768
Source:CT
Price summary
- Price:$800,000
- Price per sq. ft.:$82.61
About this home
Exceptional 7-Unit Mixed-Use Investment Opportunity Well-maintained 7-unit mixed-use property featuring six spacious 3-bedroom residential apartments and one commercial storefront. The property is currently operating at a solid 8% CAP rate with strong rent upside, offering investors attractive in-place cash flow with additional potential through future rent growth. Many of the residential units have been renovated and feature updated kitchens and bathrooms, vinyl plank and hardwood flooring, and spacious layouts. Additional improvements throughout the property, including well-maintained mechanicals, allow investors to benefit from existing upgrades while still having opportunities to further enhance the property and increase rents over time. Utilities are separately metered and tenant-paid, helping reduce operating expenses and improve overall investment performance. A 12-car parking lot located directly across the street is included in the sale, providing valuable off-street parking for tenants. Conveniently located near Downtown Waterbury, St. Mary's Hospital, shopping, grocery stores, public transportation, and major highways, this property offers a compelling combination of strong in-place cash flow, recent renovations, significant rent upside, and long-term appreciation potential....
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Home facts
- Year built:1909
- Listing ID #:24202768
- Added:1 day(s) ago
- Updated:August 29, 2026 at 04:46 AM
Rooms and interior
- Bedrooms:18
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:36
- Basement Description:Full Basement
- Living area:9,684 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Hot Air
Structure and exterior
- Roof:Flat
- Year built:1909
- Building area:9,684 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Vinyl Siding
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$82.61
- Tax amount:$16,043 (July 2026-June 2027)
Parking
- Total parking spaces:12
- Parking description:Parking Lot
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