Log In/Sign Up
Your email has been sent.
Great 4-Family Investment or Owner-Occupy 156 Orange St 4 Unit Apartment Building $465,000 ($116,250/Unit) 8.96% Cap Rate Waterbury, CT 06704
Investment Highlights
- 4 Family | Move in Ready
- 9% CAP w/Full Occupancy
- Minimal Expenses & Maintenance
- Invest or Owner Occupy
- Separate & Tenant Paid Utilities
- Convenient Location
Executive Summary
Great 4-Family Investment or Owner-Occupant Opportunity! Move-in ready and perfect for both owner-occupants and investors -choose your tenants and start collecting rent immediately! All four units are 2 bed / 1 bath, featuring hardwood floors, neutral paint, and mostly renovated kitchens and bathrooms. Each unit has separate, tenant-paid utilities, keeping operating expenses low. The property includes vinyl siding, replacement windows throughout, and open front porches for tenant use. Exterior features require minimal upkeep, with a one-car detached garage and on-street parking only for simple maintenance. Located in a highly convenient area close to downtown, shopping/mall, highway access, the hospital, and more-ideal for strong rental demand. Turn-key, easy to rent, and flexible for multiple strategies-don't miss this one! 9% CAP w/full occupancy.
Property Facts
| Price | $465,000 | Apartment Style | Garden |
| Price Per Unit | $116,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 8.96% | Building Size | 2,634 SF |
| No. Units | 4 | Average Occupancy | 25% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2024 |
| Zoning | RM | ||
| Price | $465,000 |
| Price Per Unit | $116,250 |
| Sale Type | Investment |
| Cap Rate | 8.96% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 2,634 SF |
| Average Occupancy | 25% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2024 |
| Zoning | RM |
Amenities
Unit Amenities
- Cable Ready
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Built-In Bookshelves
Site Amenities
- Trash Pickup - Curbside
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,250 | 655 |
1 1
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | WATE-000256-000571-000071 | Improvements Assessment | $91,700 |
| Land Assessment | $10,710 | Total Assessment | $102,410 |
Property Taxes
Parcel Number
WATE-000256-000571-000071
Land Assessment
$10,710
Improvements Assessment
$91,700
Total Assessment
$102,410
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Great 4-Family Investment or Owner-Occupy | 156 Orange St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.