Log In/Sign Up
Your email has been sent.
28 Hill St
Waterbury, CT 06704
Multifamily Property For Sale
·
7 Units
EXECUTIVE SUMMARY
28 Hill St, Waterbury is a turn-key 7-unit multifamily investment property ideally located in the heart of Waterbury, perfect for investors or 1031 Buyers looking to secure a cash flowing asset. This property generates $111,600 in annual gross income and offers a strong rental history with six occupied units and one ready for a new tenant unit ready for immediate lease-up, allowing for quick stabilization. Fully renovated in 2025, the property features modern unit finishes, updated mechanical systems, and low-maintenance utilities, providing long-term durability and reduced operating expenses. An excellent opportunity for investors seeking a stable, cash-flowing asset in a high-demand rental market. Conveniently located near shopping, public transportation, and major highways, ensuring easy access for tenants and consistent occupancy history.
PROPERTY FACTS
| Price Per Unit | $171,429 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.10% | Lot Size | 0.10 AC |
| Sale Condition | 1031 Exchange | Building Size | 4,914 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | RM | ||
| Price Per Unit | $171,429 |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| Sale Condition | 1031 Exchange |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,914 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | RM |
AMENITIES
UNIT AMENITIES
- Balcony
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 6 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | WATE-000237-000179-000005 | Improvements Assessment | $255,150 |
| Land Assessment | $49,000 | Total Assessment | $304,150 |
PROPERTY TAXES
Parcel Number
WATE-000237-000179-000005
Land Assessment
$49,000
Improvements Assessment
$255,150
Total Assessment
$304,150
1 of 20
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
