Two-Family Home with Basement
106 Edin Avenue Waterbury, CT 06706
106 Edin Avenue, Waterbury, CT, 06706
$369,000
For Sale
$369,000
Spacious two-unit residence with full walk-out basement, walk-up attic, double-wide paved driveway, and enclosed porches.
Property Size2,184 SF
Price / SF$168.96
Days on Market75
Property Features for 106 Edin Avenue
General Information
- Standard status
- Active
- Size
- 2,184 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1940
Listing agency
Larracuente & Johnson Realty, LLC
(203) 913-2844
Listed by
Lucy Larracuente-Johnson · License #REB.0756556
(203) 913-2844
Source
Lockandkeyre
Added: May 9 Updated: Jul 21 at 5:42PM Checked: Jul 21 at 5:42PM
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 Larracuente & Johnson Realty, LLC
Investment Insights
Based on property information with market context.
This well-maintained two-family home offers generous living space with two nearly identical apartment layouts. The first-floor unit includes a spacious living room, formal dining room, eat-in kitchen with stainless steel appliances, washer and dryer, and a large pantry with custom built cabinetry and storage shelves. It features two bedrooms, a full bathroom, and both front and rear enclosed porches. The second-floor unit mirrors the arrangement with a spacious living room, formal dining room, eat-in kitchen with washer and dryer, a large pantry, two generously sized bedrooms, and a full bathroom.
Additional improvements include a full basement with a separate walk-out entrance and a walk-up attic that could support additional storage or future expansion. Outside, the property features a huge private backyard and a custom-built shed equipped with a portable toilet and sink. A double-wide paved driveway bordered by an attractive stone wall provides parking for at least eight vehicles.
Conveniently located close to major highways, shopping, restaurants, and medical facilities, the home is positioned for everyday accessibility while maintaining a comfortable residential feel.
Additional improvements include a full basement with a separate walk-out entrance and a walk-up attic that could support additional storage or future expansion. Outside, the property features a huge private backyard and a custom-built shed equipped with a portable toilet and sink. A double-wide paved driveway bordered by an attractive stone wall provides parking for at least eight vehicles.
Conveniently located close to major highways, shopping, restaurants, and medical facilities, the home is positioned for everyday accessibility while maintaining a comfortable residential feel.
Key Highlights
- Two‑family residence (Year Built 1940) with a spacious layout on both the first and second floors
- Full basement with separate walk‑out entrance plus walk‑up attic for storage or potential future expansion
- Double‑wide paved driveway with parking for at least 8 vehicles, bordered by a stone wall
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 | $38.0k | $17.40 |
| − Vacancy | −$2.9k | −$1.31 |
| EGI | $35.2k | $16.10 |
| − OpEx | −$10.5k | −$4.83 |
| NOI | $24.6k | $11.27 |
2,184 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$351.5K
$307.6K – $410.1K
NOI $24,606 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$316.7K
$277.1K – $369.4K
NOI $22,166 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$579.6K
$507.1K – $676.2K
NOI $40,570 @ 7.0% cap · market cap 10.99%
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 - Spacious two-unit residence with full walk-out basement, walk-up attic, double-wide paved driveway, and enclosed porches.
Where is this duplex located?
The property is located at 106 Edin Avenue Waterbury, CT.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Two‑family residence (Year Built 1940) with a spacious layout on both the first and second floors; Full basement with separate walk‑out entrance plus walk‑up attic for storage or potential future expansion; Double‑wide paved driveway with parking for at least 8 vehicles, bordered by a stone wall
