Waterbury Three-Family Investment
12 Benham Street Waterbury, CT 06708
12 Benham Street, Waterbury, CT, 06708
$380,000
For Sale
Under Contract
$380,000
MULTI_FAMILY - Waterbury, CT
Property Size2,525 SF
Lot Size0.06 Acres
Price / SF$150.50
Days on Market97
Property Features for 12 Benham Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RO
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 3, Basement, Bedroom 5
- Basement
- Full
- Standard status
- Active Under Contract
- Size
- 2,525 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6319
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1896
- Architectural style
- Other
Listing Agency
mygoodagent
(888) 257-8265
680 Boston Post Road, Suite H, Boca Raton, CT
Listed by
Thelma Flaz-Hernandez
(917) 932-6875
Added: Apr 13 Checked: Jul 18 at 2:06 pm
MLS# 24166655
Listing URL
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained three-family property in Waterbury, CT, presents an excellent investment opportunity. According to tax records, each unit features a 2-bedroom layout, offering spacious and flexible living areas. The property includes a full basement, providing additional storage or utility space. Currently, one apartment is occupied under a one-year lease, ensuring immediate rental income for the new owner. Situated on a 0.06-acre lot, the property is zoned RO. The building has a size of 2525 square feet. This property is suitable for investors or owner-occupants looking to generate rental income.
Key Highlights
- Three‑family property built in 1896
- Each unit is listed as a 2‑bedroom per tax records
- One apartment is currently occupied with a one‑year lease in place
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.9k | $17.40 |
| − Vacancy | −$3.3k | −$1.31 |
| EGI | $40.6k | $16.10 |
| − OpEx | −$12.2k | −$4.83 |
| NOI | $28.4k | $11.27 |
2,525 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$406.4K
$355.6K – $474.1K
NOI $28,448 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$366.1K
$320.3K – $427.1K
NOI $25,627 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$670.1K
$586.3K – $781.7K
NOI $46,904 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-family property with immediate rental income potential.
Where is this triplex located?
The property is located at 12 Benham Street Waterbury, CT.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Three‑family property built in 1896; Each unit is listed as a 2‑bedroom per tax records; One apartment is currently occupied with a one‑year lease in place
