Investor opportunity with immediate cash flow and future upside. This fully occupied 3-family in Waterbury generates $4,295 per month in gross rental income and combines stable in-place income with opportunities for future growth. All three units are leased through January 31, 2027, eliminating near-term vacancy concerns and allowing a new owner to step into an established income stream from closing. All three units offer spacious layouts, hardwood flooring, updated finishes, and practical amenities that appeal to renters. Beyond the current income, the property's layout may offer the next owner an opportunity to explore reconfiguration into larger bedroom counts, creating the potential for increased rental income and added value over time. Located just minutes from major highways, shopping, restaurants, public transportation, and everyday conveniences, 15 Howard Street continues to benefit from strong rental demand and excellent accessibility throughout Greater Waterbury. Whether you're adding to an existing portfolio or acquiring your first multifamily investment, this is a well-positioned asset with proven income, full occupancy, and room for future upside.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.