Three-Unit Multifamily
10 Wood Street Waterbury, CT 06704
10 Wood Street, Waterbury, CT, 06704
$375,000
Pending
For Sale
$375,000
Pending
MULTI_FAMILY - Waterbury, CT
Property Size2,755 SF
Lot Size0.09 Acres
Days on Market50
Property Features for 10 Wood Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 8, Basement, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 7, Bedroom 5
- Parking
- 2
- Exterior features
- Balcony
- Basement
- Full, Unfinished
- Standard status
- Pending
- Size
- 2,755 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4096
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing Agency
Keller Williams Realty Prtnrs.
(203) 459-4663
35 Nutmeg Drive, Suite 205, Trumbull, CT
Listed by
Jayni Alvarez
(475) 312-7294
Added: Jun 1 Checked: Jul 20 at 9:06 am
MLS# 24178767
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 three-unit multifamily property is arranged as a 3-family building with living space spread across three floors. The first and second floor units each include three bedrooms and one bathroom, along with a living room and an eat-in kitchen. The third floor unit offers two bedrooms and one bathroom, plus a living room and an eat-in kitchen. A full unfinished basement provides additional storage space. The exterior is in need of some TLC.
The property sits on a large corner lot and includes off-street parking. It is zoned RM.
For buyers seeking a residential income property with three distinct unit layouts, this building offers a straightforward configuration: two similarly sized units on the first and second floors and a smaller third-floor unit. With off-street parking and a full basement for storage, it can support day-to-day tenant needs. The fully occupied status at the time of listing provides current tenancy in place.
The property sits on a large corner lot and includes off-street parking. It is zoned RM.
For buyers seeking a residential income property with three distinct unit layouts, this building offers a straightforward configuration: two similarly sized units on the first and second floors and a smaller third-floor unit. With off-street parking and a full basement for storage, it can support day-to-day tenant needs. The fully occupied status at the time of listing provides current tenancy in place.
Key Highlights
- Fully rented 3‑family property with all three units currently occupied
- Over 2,700 SF of living space across three floors
- Two units feature 3 bedrooms and 1 bathroom; third‑floor unit features 2 bedrooms and 1 bathroom
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 | $47.9k | $17.40 |
| − Vacancy | −$3.6k | −$1.31 |
| EGI | $44.3k | $16.10 |
| − OpEx | −$13.3k | −$4.83 |
| NOI | $31.0k | $11.27 |
2,755 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$443.4K
$388.0K – $517.3K
NOI $31,039 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$399.5K
$349.5K – $466.0K
NOI $27,962 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$731.1K
$639.7K – $853.0K
NOI $51,177 @ 7.0% cap · market cap 13.65%
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 - Three fully occupied units with off-street parking and an unfinished basement on a corner lot in Waterbury.
Where is this triplex located?
The property is located at 10 Wood Street Waterbury, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fully rented 3‑family property with all three units currently occupied; Over 2,700 SF of living space across three floors; Two units feature 3 bedrooms and 1 bathroom; third‑floor unit features 2 bedrooms and 1 bathroom
