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Well-Updated Two-Family Duplex

11 Cossett Street Waterbury, CT 06704

New
11 Cossett Street, Waterbury, CT, 06704
$375,000
For Sale
$375,000

MULTI_FAMILY - Waterbury, CT

Property Size1,804 SF
Lot Size0.07 Acres
Price / SF$207.87
Days on Market2

Property Features for 11 Cossett Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 3, Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
Basement
Full
Standard status
Active
Size
1,804 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
2991

Utilities

Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1860
Architectural style
Other
Listing Agency Weichert, Realtors-On The Mark
47 Cherry Street, Milford, CT
Listed by Gregorio Santiago · License #RES.0800318
Added: Jul 17 Checked: Jul 18 at 6:06 am
MLS# 24192533 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.

Well maintained two-family duplex with numerous updates. The second-floor unit is described as very spacious and includes attic access. The property also features attic space with an extra room and a bathroom connected to the second-floor unit.

The first-floor unit was recently updated within the last six months. The property is configured as two separate residential units and is presented as move-in ready for either investor ownership or owner occupancy.

Zoned RM, the duplex sits on a small lot and totals 1,804 square feet of building area.

Key Highlights

  • Two‑family home built in 1860 with month‑to‑month tenancy for both units (M to M).
  • First‑floor unit was recently updated within the last 6 months.
  • Second‑floor unit offers attic access plus additional attic space with an extra room and a connected 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 $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 (±1% cap)
NOI $20,325 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$261.6K
$228.9K – $305.2K (±1% cap)
NOI $18,310 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$478.7K
$418.9K – $558.5K (±1% cap)
NOI $33,511 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Garden Center Storage Facility Pet Grooming Service (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Butcher Catering Service Veterinary Clinic Travel Agency

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

FAQs

What type of property is this?
Duplex - Two updated units with spacious second-floor living and attic access, suitable for investor or owner-occupant use.
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 home built in 1860 with month‑to‑month tenancy for both units (M to M).; First‑floor unit was recently updated within the last 6 months.; Second‑floor unit offers attic access plus additional attic space with an extra room and a connected bathroom.
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