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Off market
  • $383,400

    48 Irion St, Waterbury, CT 06704

    6beds
    2,466sqft
    MultiFamily
    Built in 1917
    -- sqft lot
    $383,400 Zestimate®
    $155/sqft
    $2,442 Estimated rent

    Home value

    $383,400

    $341,000 - $426,000

    $2,442/mo

    Zestimate® history
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    What's special

    This is an opportunity to own an income producing three-family in the north end by Waterbury PAL with an 11+% CAP rate. The property has (3 2 bed/1 bath apartments with approx. 830 SF each. The 1st fl is rented m to m and the 2nd fl is on a lease. The property features vinyl siding, replacement windows and the 2nd + 3rd floor have been renovated within the last couple of years - kitchens, baths, flooring, paint. There is washer hookup in each apartment. The utilities are separate and tenant paid - electric heat & hot water, gas for cooking. There is a private driveway with ample off-street parking in the rear. Good investment for someone looking to start investing or add to their portfolio with over $17k NOI per year.

    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: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,466 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Patio & porch: Porch
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 6,534 sqft
    • Features: Level
    Details
    • Parcel number: WATEM0257B0578L0108
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 3updown - Unit(s) per Floor
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: Waterbury

    HOA & financial

    Other financial information
    • Total actual rent: 149900

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Baseboard, Electric
    • Roof: Asphalt
    • Basement: Unfinished, Full
    • Zoning: RM
    • AssociationYN: 0
    • HeatingYN: true
    • NumberOfUnitsTotal: 3
    • ConstructionMaterials: Frame, Vinyl Siding
    • LotFeatures: Level
    • NumberOfUnitsInCommunity: 3
    • FoundationDetails: Stone, Concrete
    • ParkingFeatures: Unassigned, Off Street, Paved
    • CommunityFeatures: Basketball Court, Park, Walk to Bus Lines, Public Pool, Public Transportation, Public Rec Facilities, Commuter Bus
    • PatioAndPorchFeatures: Porch
    • YearBuiltSource: Public Records
    • GrossIncome: 25440
    • WaterSource: Public Water Connected
    • TotalActualRent: 149900.00
    • WaterfrontFeatures: Not Applicable
    • ArchitecturalStyle: 3updown - Unit(s) per Floor
    • MlsStatus: Active
    • NetOperatingIncome: 17336
    • OperatingExpense: 6832

    Price history

    DateEventPrice
    3/25/2025Listing removed$399,900$162/sqft
    Source: Smart MLS #24075332 Report a problem
    2/26/2025Price change$399,900-11.1%$162/sqft
    Source: Smart MLS #24075332 Report a problem
    2/19/2025Listed for sale$450,000+28.6%$182/sqft
    Source: Smart MLS #24075332 Report a problem
    12/19/2023Listing removed--
    Source: Smart MLS #170607428 Report a problem
    10/30/2023Listed for sale$350,000+174.5%$142/sqft
    Source: Smart MLS #170607428 Report a problem
    8/20/2020Sold$127,500-14.9%$52/sqft
    Source: Public Record Report a problem
    3/1/2020Listing removed$149,900$61/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170253650 Report a problem
    1/23/2020Pending sale$149,900$61/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170253650 Report a problem
    11/20/2019Listed for sale$149,900-0.7%$61/sqft
    Source: Berkshire Hathaway NE Prop. #170253650 Report a problem
    12/2/2013Listing removed$650
    Source: Zillow Rental Network Report a problem
    11/14/2013Listed for rent$650
    Source: Zillow Rental Network Report a problem
    10/1/2013Listing removed$650
    Source: Zillow Rental Network Report a problem
    9/19/2013Listed for rent$650
    Source: Zillow Rental Network Report a problem
    8/2/2013Listing removed$650
    Source: Pro Property Management Report a problem
    5/16/2013Listed for rent$650
    Source: Pro Property Management Report a problem
    8/29/2008Sold$151,000-18.4%$61/sqft
    Source: Smart MLS #B983367 Report a problem
    7/21/2006Sold$185,000+51.6%$75/sqft
    Source: Smart MLS #W1031760 Report a problem
    10/29/2004Sold$122,000+35.7%$49/sqft
    Source: Smart MLS #W1020142 Report a problem
    6/13/2000Sold$89,900+12.4%$36/sqft
    Source: Public Record Report a problem
    4/4/1997Sold$80,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,638 -9%$103,110
    2024$5,098 -8.8%$103,110
    2023$5,588 +83%$103,110 +103.3%
    2022$3,054 $50,720
    2021$3,054 +0%$50,720
    2020$3,054 0%$50,720
    2019$3,054 $50,720
    2018$3,054 -0.6%$50,720 -0.6%
    2017$3,073 $51,030
    2016$3,073 +3.4%$51,030
    2015$2,971 $51,030
    2014$2,971 +2.2%$51,030
    2013$2,908 -42.9%$51,030 -58.1%
    2012$5,095 0%$121,870
    2011$5,097 $121,870
    2010$5,097 +4.8%$121,870
    2009$4,865 $121,870
    2008$4,865 +47.5%$121,870 +99.4%
    2005$3,298 -0.6%$61,110 +1%
    2002$3,318 +36.2%$60,480 +142.7%
    2001$2,437 $24,920

    Find assessor info on the county website

    Neighborhood: Walnut-Orange-Walsh

    Nearby schools

    GreatSchools rating
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