Eleven-Unit Apartment Building For
133 Hillside Avenue, Waterbury, CT 06710
MULTI_FAMILY - Waterbury, CT
Property size:
5,934 SFLot size:
0.04 AcresPrice / SF:
$193/SF- Added:
- Apr 3, 2026
- Days on Market:
- 63
- Last Refresh:
- Jun 4 at 2:06 am
Property Features for 133 Hillside Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 13
- Bathrooms
- 11
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 7, Bedroom 5, Bathroom 4, Bathroom 9, Bathroom 11, Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 12, Bedroom 11, Bathroom 8, Bedroom 10, Bathroom 10, Bedroom 9, Bedroom 13, Bathroom 6, Bedroom 8, Basement, Bathroom 5
- Basement
- Full
- Standard status
- Active
- Size
- 5,934 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 13536
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agent Lucas Chaves (203) 715-2772
Listing office Coldwell Banker Calabro 1017 Elm Street, Rocky Hill, CT (860) 529-7007
Listing date Apr 3, 2026
MLS# 24164287
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.
HighLights
- 11‑unit apartment building featuring a mix of 2‑bedroom and 1‑bedroom units.
- Separately metered electric for all units, simplifying utility management.
- Recent updates include a 4‑year‑old roof and siding, new mailboxes, and interior painting.
- Low owner expenses: responsible for common area electricity only.
- New canopies built for two back apartments.
- Potential for increased cash flow by combining with nearby property (MLS# 24163790).
Overview
This is an 11-unit apartment building featuring a mix of unit sizes. Two units offer two bedrooms, a kitchen, a living room, and one full bathroom. Five units are large one-bedroom apartments with a living room, kitchen, and one full bathroom. The remaining four units are smaller, each with one bedroom, a kitchen, and one full bathroom. Each unit is separately metered for electricity and equipped with electric baseboard heating and an individual electric hot water heater. The owner is responsible only for the electricity costs of common areas, cameras, and internet, which are on a separate owner's meter. A pressure reducer valve has been installed on the main water line to control water pressure. The city handles trash removal. The roof and siding were replaced 4 years ago. New locked mailboxes were installed 1 year ago, and 8 ring cameras from 2025 are in place. All meters and apartments are labeled. Most units have been updated over the past year, and almost the entire interior of the building has been painted. Two brand new canopies were built in 2026 for two back apartments. The building is located in Waterbury, CT. The lot size is 0.04 acres, and the property size is 5934 square feet. The zoning is RM. The owner is selling due to moving out of state.
Local Financial Insights For Apartment 5plus
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 | $117.5k | $19.80 |
| − Vacancy | −$8.0k | −$1.35 |
| EGI | $109.5k | $18.45 |
| − OpEx | −$49.3k | −$8.30 |
| NOI | $60.2k | $10.15 |
5,934 SF · lease $19.80/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$860.4K
$752.8K – $1.00M
NOI $60,227 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,230 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.045175
- Latitude
- 41.5613
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eleven-unit apartment building with recent updates and separately metered utilities.
Where is this apartment building located?
The property is located at 133 Hillside Avenue Waterbury, CT.
What is the asking price?
The asking price for this property is $1,149,900.
What are key features of this property?
This property features: 11‑unit apartment building featuring a mix of 2‑bedroom and 1‑bedroom units.; Separately metered electric for all units, simplifying utility management.; Recent updates include a 4‑year‑old roof and siding, new mailboxes, and interior painting.
