Updated Two-Family
11 Cossett Street Waterbury, CT 06704
New
11 Cossett Street, Waterbury, CT, 06704
$375,000
For Sale
$375,000
Well-maintained two-family property with recent first-floor updates and a spacious second-floor unit with attic access.
Property Size1,804 SF
Price / SF$207.87
Days on Market6
Property Features for 11 Cossett Street
General Information
- Standard status
- Active
- Size
- 1,804 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1860
Listing agency
Weichert, Realtors-On The Mark
(203) 668-8862
Listed by
Gregorio Santiago · License #RES.0800318
(203) 668-8862
Source
Lockandkeyre
Added: Jul 17 Updated: Jul 21 at 5:21AM Checked: Jul 21 at 5:21AM
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 Weichert, Realtors-On The Mark
Investment Insights
Based on property information with market context.
This well-maintained two-family residence includes a recently updated first-floor unit completed within the last six months. The second-floor unit is described as very spacious and provides attic access. Additional interior space is available in the attic, including an extra room and a bathroom connected to the second-floor unit.
The property is presented as a strong fit for either investor ownership or owner occupancy, with the two units currently reported to be month-to-month.
Overall, the home’s configuration supports flexible use across two separate units, with expanded potential through the connected attic layout.
The property is presented as a strong fit for either investor ownership or owner occupancy, with the two units currently reported to be month-to-month.
Overall, the home’s configuration supports flexible use across two separate units, with expanded potential through the connected attic layout.
Key Highlights
- Two‑family property built in 1860
- First‑floor unit recently updated within the last 6 months
- Spacious second‑floor unit with attic access
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 | $31.4k | $17.40 |
| − Vacancy | −$2.4k | −$1.31 |
| EGI | $29.0k | $16.10 |
| − OpEx | −$8.7k | −$4.83 |
| NOI | $20.3k | $11.27 |
1,804 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.4K
$254.1K – $338.8K
NOI $20,325 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$261.6K
$228.9K – $305.2K
NOI $18,310 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$478.7K
$418.9K – $558.5K
NOI $33,511 @ 7.0% cap · market cap 8.94%
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 - Well-maintained two-family property with recent first-floor updates and a spacious second-floor unit with attic access.
Where is this duplex located?
The property is located at 11 Cossett 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: Two‑family property built in 1860; First‑floor unit recently updated within the last 6 months; Spacious second‑floor unit with attic access
