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Piedmont & E Main 2 Multifamily Properties Offered at $3,500,000 in Waterbury, CT
Investment Highlights
- Strong in-place income with attractive going-in returns
- Stabilized condition with meaningful renovations already completed
- Value-add upside to grow cash-on-cash
Executive Summary
We’re offering a 35-unit, 2-property portfolio at an attractive $100K per door with a strong 8.36% cap rate on in-place performance. Ownership is also open to selling each parcel individually at the same $100K/door basis—flexible structure for buyers.
25–37 Piedmont
A rare multi-building setup featuring three buildings on one parcel with a joint/shared parking lot—an operationally efficient layout with a clear value-add runway and strong long-term upside.
815 E Main
A standout asset in the heart of downtown, featuring a beautiful brick/stone building with curb appeal and location that supports long-term demand.
Return Profile / Underwriting
This is a compelling entry for an investor targeting 11%+ cash-on-cash returns. Our analysis uses a conservative, bank-style underwriting approach—blending ownership’s trailing numbers with standard vacancy/management/R&M assumptions and additional expense padding—so buyers can underwrite with confidence and still see meaningful upside.
25–37 Piedmont
A rare multi-building setup featuring three buildings on one parcel with a joint/shared parking lot—an operationally efficient layout with a clear value-add runway and strong long-term upside.
815 E Main
A standout asset in the heart of downtown, featuring a beautiful brick/stone building with curb appeal and location that supports long-term demand.
Return Profile / Underwriting
This is a compelling entry for an investor targeting 11%+ cash-on-cash returns. Our analysis uses a conservative, bank-style underwriting approach—blending ownership’s trailing numbers with standard vacancy/management/R&M assumptions and additional expense padding—so buyers can underwrite with confidence and still see meaningful upside.
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $3,500,000 | Number of Properties | 2 |
| Price / SF | $198.92 / SF | Individually For Sale | 0 |
| Cap Rate | 8.36% | Total Building Size | 17,595 SF |
| Sale Type | Investment | Total Land Area | 0.47 AC |
| Status | Active |
| Price | $3,500,000 |
| Price / SF | $198.92 / SF |
| Cap Rate | 8.36% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,595 SF |
| Total Land Area | 0.47 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Piedmont Gardens
25-37 Piedmont, Waterbury, CT 06706 |
Multifamily | 10,209 SF | 1973 | - |
| 815 E Main St, Waterbury, CT 06702 | Multifamily | 7,386 SF | 1932 | - |
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Piedmont & E Main
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