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    Remodeled Two-Family Property in Waterbury Title is generated by Realmo AI

    993 E Main Street, Waterbury, CT 06705

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    Claim this Listing
    For Sale
    Under Contract
    $449,900

    MULTI_FAMILY - Waterbury, CT

    Property size:
    2,220 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $202/SF
    Added:
    Apr 21, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 11 at 8:06 am

    Property Features for 993 E Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    CG
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 3, Bedroom 5, Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 6
    Basement
    Full
    Standard status
    Active Under Contract
    Size
    2,220 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    6946

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Architectural style
    Other

    We can help!

    Listing Contact
    Johncarlo Morales

    Listing agent Johncarlo Morales License #REB.0793647

    Listing office Keller Williams Realty Prtnrs. 35 Nutmeg Drive, Suite 205, Trumbull, CT

    Listing date Apr 21, 2026

    MLS# 24168683 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

    • Remodeled two‑family at 993 E Main St (Waterbury), built in 1900
    • Both units offer 3 bedrooms with bright living and dining areas
    • Updated kitchens with quartz countertops and stainless steel appliances
    • Upgraded bathrooms featuring custom tile work
    • Public water and public sewer service
    • Detached garage and a level lot

    Overview

    Located at 993 E Main St in Waterbury, this remodeled two-family property showcases pride of ownership and attention to detail. Each unit features 3 bedrooms, bright living and dining areas, and a well-designed layout suitable for both everyday living and entertaining. The updated kitchens include quartz countertops, stainless steel appliances, and modern finishes. The bathrooms have been upgraded with custom tile work, creating a clean and contemporary feel. Natural light fills each unit, highlighting the quality craftsmanship and thoughtful renovations. The property, situated on a 0.29-acre lot, includes a detached garage. This multi-family property is suitable for owner-occupants looking to offset their mortgage or investors seeking a turnkey, income-producing asset. It is conveniently located near shopping, dining, and commuter routes. The property size is 2220 square feet.

    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 $38.6k $17.40
    − Vacancy −$2.9k −$1.31
    EGI $35.7k $16.10
    − OpEx −$10.7k −$4.83
    NOI $25.0k $11.27
    2,220 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $357.3K
    $312.7K – $416.9K (±1% cap)
    NOI $25,012 @ 7.0% cap · market cap 5.56%
    Second Best
    Apartment 5plus
    $321.9K
    $281.7K – $375.5K (±1% cap)
    NOI $22,532 @ 7.0% cap · market cap 5.01%
    Theoretical Best
    Office A
    $589.1K
    $515.5K – $687.3K (±1% cap)
    NOI $41,239 @ 7.0% cap · market cap 9.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.023958
    Latitude
    41.551394

    FAQs

    What type of property is this?
    Duplex - Turnkey multi-family property with updated kitchens and bathrooms.
    Where is this duplex located?
    The property is located at 993 E Main Street Waterbury, CT.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: Remodeled two‑family at 993 E Main St (Waterbury), built in 1900; Both units offer 3 bedrooms with bright living and dining areas; Updated kitchens with quartz countertops and stainless steel appliances
    More about this property
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