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    30 Howard St Waterbury, CT 06705

    For Sale
    $849,000

    Six-unit multifamily, high rental potential.

    Property size:
    5,888 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity presents a six-unit townhouse-style multifamily property located at 30 Howard Street in Waterbury, Connecticut. The property encompasses 5,888 square feet and sits on a 0.27-acre lot. Each of the six units features an identical layout, including two bedrooms, one and a half bathrooms, and a private porch offering views of the nearby Brass Mill shopping center. Three units boast attached garage bays, while the remaining three units offer semi-finished basements in lieu of garages. Ample off-street parking is available, exceeding the one-to-one parking ratio typically desired for such a property. All units are equipped with laundry hookups conveniently located in the basement level. This late-century building presents a strong value-add opportunity. Minor cosmetic upgrades are projected to significantly increase rental income, making this a compelling investment for discerning buyers. The property's prime location near the Brass Mill shopping center ensures high occupancy rates and strong rental demand. This is a rare opportunity to acquire a well-maintained, six-unit multifamily property in a desirable Waterbury location with significant upside potential. The property's strong cash flow potential and convenient amenities make it an ideal investment for both seasoned and new investors seeking a stable and profitable addition to their portfolio.

    Property Features for 30 Howard St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,888 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1989
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.02393
    Latitude
    41.55308

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    FAQs

    What type of property is this?
    Commercial real estate - Six-unit multifamily, high rental potential.
    Where is this commercial real estate located?
    The property is located at 30 Howard St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $849,000.
    (860) 519-3800
    Request Owner's contact information
    30 Howard St Waterbury, CT 06705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    30 Howard St Waterbury, CT 06705
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