Waterbury Real Estate

Multi-Family Homes Homes for Sale in Waterbury, CT

Welcome to your dedicated resource for multi-family homes homes for sale in Waterbury, CT. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As local Waterbury, CT agents, Dave Jones Realty specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the multi-family homes properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Multi-Family Homes Homes for Sale in Waterbury, CT

$2,650,000
41 Beds ⋅ 28 Baths ⋅ 24196449 MLS
Exceptional opportunity to acquire a 27-unit mixed-use investment consisting of 21 apartments and 6 retail spaces across two well-maintained brick buildings and one dedicated parking lot. Offered at a solid 8.0 Cap with additional upside rent potential. The unit count, unit mix, and financial information have been recently verified and updated to reflect the current operating performance. The portfolio includes 343 West Main Street, a four-story, 20,428 SF building with 17 apartments (1 one-bedroom, 14 two-bedroom, and 2 three-bedroom units) and 4 fully leased retail spaces, and 493 Meadow Street, a three-story, 6,520 SF building with 4 apartments (2 two-bedroom and 2 three-bedroom units) and 2 fully leased retail spaces. The residential units participate in the Mod Rehab Housing Assistance Program, providing stable occupancy and consistent rental income. The commercial component is occupied by established long-term tenants, including an appliance retailer, tax and insurance agency, bar & grill, salon, and convenience stores. Recent capital improvements include partial roof replacements (2022) and 15 recently replaced high-efficiency heating systems. All residential and commercial units are separately metered, with tenants responsible for their own utilities, helping to minimize landlord operating expenses. A well-maintained, cash-flowing property with a diversified income stream - ready for a new owner to realize the potential!

493 Meadow St, Waterbury
$2,600,000
4 Beds ⋅ 1 Baths ⋅ 24196502 MLS
Truly turn-key portfolio opportunity in Waterbury's South End, offering strong in-place cash flow with upside with 8% CAP actual. The sale includes three adjacent parcels comprising six buildings with a total of 25 units: 23 residential apartments and two commercial spaces. The residential unit mix consists of (6) four-bed units, (11) three-bed units, and (6) two-bed units. Five of the six buildings feature separate, tenant-paid utilities, all electric heat, hot water, and cooking. Building 701 includes six apartments with owner-paid gas heat only, while electric and hot water remain tenant-paid. Five of the six buildings have completed the City of Waterbury de-leading program and have been extensively renovated, including new vinyl siding, replacement windows, updated interiors, upgraded electrical systems, rebuilt porches, and newer roofs (2017). Most apartments offer hardwood flooring, expansive layouts, and updated kitchens and baths. The portfolio has demonstrated historically low vacancy and a strong tenant base. A common coin-operated laundry room is in Building 691 and is available to all tenants. The two commercial units have separate utilities and present a value-add opportunity, as they require full renovation. The properties offer ample off-street parking, with over 20 combined parking spaces. Convenient location with easy access to I-84 and Route 8. Many rents remain below market, providing significant upside as well for 12% CAP rate (pro-forma).

701 S Main St, Waterbury
$1,449,000
4 Beds ⋅ 2 Baths ⋅ 24201286 MLS
This two unit home on North Beacon St is fully leased. First floor has three bedrooms and second floor apartment is a one bedroom. A nice corner lot, close to major businesses and highways. Current monthly rent on the home is $2,775 THIS TWO FAMILY IS PART OF A LARGER PORTFOLIO TO BE SOLD TOGETHER 13 ELM ST, MERIDEN - Multi Family, 2 homes on one lot, 2(2Br) 2(3Br)units - 3 of 4 units rented (total rent on 3 units- $4,621. 743 EAST MAIN ST- Mixed use, 4 rental units and 2 commercial storefronts 4(2br) units, 2 leased - 2 units vacant 1 storefront leased, other vacant- (total rent on 3 out of 6 leased units $4,325) ALL PROPERTIES TO BE SOLD TOGETHER. BUYER TO DO DUE DILIGENCE.

40 N Beacon St, Waterbury
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