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Off market
  • $423,300

    24 2nd Ave, Waterbury, CT 06710

    9beds
    3,250sqft
    MultiFamily
    Built in 1909
    -- sqft lot
    $423,300 Zestimate®
    $130/sqft
    $1,274 Estimated rent

    Home value

    $423,300

    $377,000 - $470,000

    $1,274/mo

    Zestimate® history
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    $1,274/mo

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    Rent Zestimate®

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    $3,040/mo

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    What's special

    This is an opportunity to invest OR owner occupy a turn key 3-family with 10+% CAP rate + 18+% ROI. There are (3 larger, 3 bed/1 bath apartments with approx.. 1,080 SF. The siding, roof, windows and various unit renovations are all updated and in good condition. Utilities are separate and tenant paid - with some updated electrical to circuit breakers. Heat, hot water and cooking are gas and electric. There is off-street parking available. Value add play = increase rents for a 13.5+% CAP rate. 1st floor needs to be renovated prior to re-renting. This is a low maintenance option to owner occupy, start investing or to add to your portfolio. *This property can be purchased with a 4 unit next door + other multifamily assets in Waterbury.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Electric, Gas
    Cooling
    • None
    Appliances
    • Included: Washer
    • Laundry: All Units Have Hook-Ups
    Features
    • Flooring: Hardwood
    • Windows: Thermopane Windows
    • Basement: Unfinished
    • Attic: Finished, Crawl Space
    Interior area
    • Total interior livable area: 3,250 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Patio & porch: Porch
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: WATEM0254B0158L0017
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 3updown - Unit(s) per Floor
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: Waterbury

    HOA & financial

    Other financial information
    • Total actual rent: 159900

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Baseboard, Electric, Natural Gas
    • Roof: Asphalt
    • Basement: Unfinished, Full
    • Zoning: RM
    • AssociationYN: 0
    • HeatingYN: true
    • NumberOfUnitsTotal: 3
    • ConstructionMaterials: Frame, Vinyl Siding
    • NumberOfUnitsInCommunity: 4
    • Cooling: Window Unit(s)
    • ParkingFeatures: Driveway, Off Street, Paved
    • GrossIncome: 27000
    • PatioAndPorchFeatures: Porch
    • Attic: Finished, Crawl Space
    • YearBuiltSource: Public Records
    • WindowFeatures: Thermopane Windows
    • FoundationDetails: Concrete
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • CommunityFeatures: Walk to Bus Lines, Public Transportation, Commuter Bus
    • TotalActualRent: 159900.00
    • ArchitecturalStyle: 3updown - Unit(s) per Floor
    • LaundryFeatures: All Units Have Hook-Ups
    • MlsStatus: Show
    • NetOperatingIncome: 16306
    • OperatingExpense: 9347

    Price history

    DateEventPrice
    8/27/2020Sold$120,000-25%$37/sqft
    Source: Smart MLS #170298992 Report a problem
    6/4/2020Pending sale$159,900$49/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170298992 Report a problem
    5/26/2020Listed for sale$159,900-5.9%$49/sqft
    Source: Berkshire Hathaway NE Prop. #170298992 Report a problem
    2/3/2020Listing removed$169,900$52/sqft
    Source: Great Estates, CT #170239985 Report a problem
    1/10/2020Price change$169,900-5.6%$52/sqft
    Source: Great Estates, CT #170239985 Report a problem
    9/29/2019Listed for sale$179,900+414%$55/sqft
    Source: Great Estates, CT #170239985 Report a problem
    10/21/2013Listing removed$750
    Source: Zillow Rental Network Report a problem
    9/21/2013Listed for rent$750
    Source: Zillow Rental Network Report a problem
    11/22/2011Sold$35,000-66.7%$11/sqft
    Source: Smart MLS #G599341 Report a problem
    9/5/2002Sold$105,000+311.8%$32/sqft
    Source: Public Record Report a problem
    5/16/2002Sold$25,500-77.6%$8/sqft
    Source: Public Record Report a problem
    3/6/2000Sold$114,000-0.8%$35/sqft
    Source: Public Record Report a problem
    7/22/1998Sold$114,900$35/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,890 $119,140
    2024$5,890 -8.8%$119,140
    2023$6,456 +85.6%$119,140 +106.3%
    2022$3,478 $57,760
    2021$3,478 +0%$57,760
    2020$3,478 0%$57,760
    2019$3,478 $57,760
    2018$3,478 -7.9%$57,760 -7.9%
    2017$3,775 $62,700
    2016$3,775 +3.4%$62,700
    2015$3,650 $62,700
    2014$3,650 +2.2%$62,700
    2013$3,573 -48.2%$62,700 -62%
    2012$6,899 0%$165,010
    2011$6,901 $165,010
    2010$6,901 +4.8%$165,010
    2009$6,587 $165,010
    2008$6,587 +61.7%$165,010 +118.7%
    2005$4,073 -0.8%$75,460 +0.8%
    2002$4,105 +144.3%$74,830 +335.6%
    2001$1,680 $17,180

    Find assessor info on the county website

    Neighborhood: Hillside

    Nearby schools

    GreatSchools rating
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