Fully Renovated Two-Family
101 Dikeman Street Waterbury, CT 06704
101 Dikeman Street, Waterbury, CT, 06704
$439,900
For Sale
$439,900
Renovated two-family property with move-in-ready units, newer 2021 furnaces and hot water tanks, plus a private level backyard.
Property Size2,798 SF
Price / SF$157.22
Days on Market31
Property Features for 101 Dikeman Street
General Information
- Standard status
- Active
- Size
- 2,798 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1900
Listing agency
Regency Real Estate, LLC
(203) 525-4199
Listed by
Trevor Burke
(203) 525-4199
Source
Lockandkeyre
Added: Jun 22 Updated: Jul 22 at 4:49AM Checked: Jul 22 at 4:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regency Real Estate, LLC
Investment Insights
Based on property information with market context.
This fully renovated two-family home offers two move-in-ready units, each updated for comfortable occupancy. Major improvements include newer furnaces and hot water tanks installed in 2021.
The second-floor unit is spacious and spans two levels, featuring 5 bedrooms and 2 full bathrooms. A level, private backyard provides outdoor space for everyday use.
The property is presented as a residential income asset or for an owner-occupant, with updated mechanicals and a configuration that supports flexible living or rental planning.
The second-floor unit is spacious and spans two levels, featuring 5 bedrooms and 2 full bathrooms. A level, private backyard provides outdoor space for everyday use.
The property is presented as a residential income asset or for an owner-occupant, with updated mechanicals and a configuration that supports flexible living or rental planning.
Key Highlights
- Fully renovated two‑family home with both units move‑in ready
- Newer 2021 furnaces and hot water tanks in both units
- Second‑floor unit spans two levels with 5 bedrooms and 2 full bathrooms
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 | $48.7k | $17.40 |
| − Vacancy | −$3.7k | −$1.31 |
| EGI | $45.0k | $16.10 |
| − OpEx | −$13.5k | −$4.83 |
| NOI | $31.5k | $11.27 |
2,798 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.3K
$394.1K – $525.4K
NOI $31,524 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$405.7K
$355.0K – $473.3K
NOI $28,398 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$742.5K
$649.7K – $866.3K
NOI $51,976 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-family property with move-in-ready units, newer 2021 furnaces and hot water tanks, plus a private level backyard.
Where is this duplex located?
The property is located at 101 Dikeman Street Waterbury, CT.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Fully renovated two‑family home with both units move‑in ready; Newer 2021 furnaces and hot water tanks in both units; Second‑floor unit spans two levels with 5 bedrooms and 2 full bathrooms
