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44 Angel Dr 4 Unit Apartment Building Offered at $400,000 Waterbury, CT 06708
Investment Highlights
- 4-unit condo package in one building: Units A, B, C & D
- Located in a large condo complex in Waterbury’s Bunker Hill area
- Easy to manage with HOA covering major exterior/common elements
- Unit mix: three 3BR units + one 1BR unit
- Value-add upside via interior renovations and rental repositioning
- Great fit for investors pursuing cash flow + appreciation
Executive Summary
FOUR CONDO UNITS FOR SALE as a package. Own the whole building in this condo complex! Rare chance to acquire four condominium units in the same building within a large, established condo community in Waterbury's Bunker Hill neighborhood. This value-add investor package includes a strong unit mix of three (3) three-bedroom units and one (1) one-bedroom unit, offering rental appeal and upside through renovations, rent growth, and improved operations. Ease of Ownership is ensured with an HOA that handles the big-ticket exterior and common-area responsibilities, making this an efficient portfolio to manage. Ideal for investors seeking scale in one location, minimal headaches, and a clear path to forced appreciation. Contact Listing Agent to show. Units are all tenant occupied with month to month leases. Expenses (all 4 units combined): $1,067 per month HOA, $7,166 annual property tax). THIS IS AN AS-IS SALE. All inspections must be for informational purposes only.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $400,000 | Building Size | 3,764 SF |
| Price Per Unit | $100,000 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1979 |
| Property Type |
| Price | $400,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | |
| Building Size | 3,764 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 3 | - | - |
| 1+1 | 1 | - | - |
1 1
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44 Angel Dr
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