Excellent opportunity to acquire a well-maintained four-family investment property in Waterbury's desirable Town Plot neighborhood. This income-producing asset features an attractive unit mix of three spacious two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, offering broad tenant appeal and stable occupancy potential. The property currently generates $4,380 per month ($52,560 annually) in rental income, providing immediate cash flow with additional upside through future rent growth. Each apartment offers functional layouts with generous living space, while the building sits on a sizable lot with off-street parking and a detached garage. Built in 1921, the property contains approximately 3,862 square feet of living area and has been a solid long-term investment. Conveniently located near shopping, schools, public transportation, major highways, and downtown Waterbury, the location continues to attract both tenants and investors. Whether you're expanding your investment portfolio or seeking an owner-occupied property with substantial rental income, 455 Congress Avenue offers strong income potential in one of Waterbury's most active multifamily markets. Property Highlights Four-family multifamily investment Three 2-bedroom, 1-bath apartments One 1-bedroom, 1-bath apartment Current gross rental income: $4,380/month ($52,560/year) Approximately 3,302 square feet. Detached garage and off-street parking. All property information has been obtained from sources deemed reliable but has not been independently verified by Ghent Realty Advisors. Buyers should conduct their own due diligence regarding property characteristics, dimensions, boundaries, utilities, permits, zoning, and intended use.
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Zillow last checked:
Listing updated:
Listed by:
Robert Ghent(203)543-2847,
Ghent Realty Advisors203-597-1077
Source: Smart MLS,MLS#: 24195977
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4
Heating
Hot Water, Natural Gas
Cooling
None
Appliances
Included: Gas Water Heater, Water Heater
Laundry: None
Features
Smart Thermostat
Basement: Full,Partially Finished,Walk-Out Access,Liveable Space
Attic: None
Has fireplace: No
Interior area
Total structure area: 3,862
Total interior livable area: 3,862 sqft
Finished area above ground: 3,302
Finished area below ground: 560
Property
Parking
Total spaces: 5
Parking features: Detached, Paved, Off Street, Unassigned
Garage spaces: 1
Features
Patio & porch: Porch, Patio
Has view: Yes
View description: City
Lot
Size: 10,018 Square Feet
Features: Sloped
Details
Parcel number: 1391758
Zoning: RM
Construction
Type & style
Home type: MultiFamily
Architectural style: Units on different Floors,3updown - Unit(s) per Floor
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Vinyl Siding
Foundation: Masonry, Stone
Roof: Asphalt
Condition
New construction: No
Year built: 1921
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Medical Facilities, Public Rec Facilities, Shopping/Mall
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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.
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