Fully Occupied Quadplex with
113 Green, Waterbury, CT 06708
For Sale
$499,900
Four residential units offer dedicated off-street parking and tenant-paid gas and electric utilities.
Property Size2,730 SF
Price / SF$183.11
Days on Market55
Property Features for 113 Green
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Utilities to Site
Units
Multifamily Units
Parking per Unit
Building Details
Year Built
Listing Agency:
Oxford Realty
Listed By:
Amanda Faroni-Sheehan · License #REB.0793328
(203) 314-4219
Source:
Lockandkeyre
Added: Sep 16
Changed: Nov 8
Last Checked: Nov 8 at 7:05AM
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 Oxford Realty
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Investment Insights
Based on property information with market context.
This four-unit residential property in Waterbury’s Brooklyn Center neighborhood was built in 1910 and is fully occupied. Each unit includes one dedicated off-street parking space, while gas and electric utilities are paid separately by tenants. Updates have been completed throughout the units, supporting an established operating setup.
The property is positioned near shopping, major routes, and area amenities, with convenient access to surrounding services and transportation connections. Existing tenancy and separate utility responsibility provide a straightforward configuration for a residential income property.
The property is positioned near shopping, major routes, and area amenities, with convenient access to surrounding services and transportation connections. Existing tenancy and separate utility responsibility provide a straightforward configuration for a residential income property.
Key Highlights
- Four‑family property is fully occupied
- Each unit includes one dedicated off‑street parking space
- Tenant‑paid gas and electric utilities are separately assigned
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,758
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,160
$615.2K
Cap Rate 7%
$439,400
$439.4K
Cap Rate 9%
$341,756
$341.8K
Market Conditions
NOI Build-Up for 2,730 SF
Gross rent
$47.5K $17.40/SF
− Vacancy
−$3.6K −$1.31/SF
EGI
$43.9K $16.10/SF
− OpEx
−$13.2K −$4.83/SF
NOI
$30.8K $11.27/SF
Area
Waterbury, CT
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,160
Cap Rate 7%
$439,400
Cap Rate 9%
$341,756
Alternative Uses
Best Use
Multifamily LT 5
$439.4K
$384.5K – $512.6K
NOI $30,758 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$395.8K
$346.4K – $461.8K
NOI $27,708 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$724.5K
$633.9K – $845.2K
NOI $50,712 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,432
Businesses Nearby
Explore this area
Business Placement
Demographics for 06708, CT
30,345
Population
13,061
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
3,228
Density / Sq Mi
$63,705
Median Household Income
$40,515
Median Earnings
$1,275
Median Rent
$196,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in New Haven County, CT
Properties on Market for Quadplexes in New Haven County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer dedicated off-street parking and tenant-paid gas and electric utilities.
Where is this quadplex located?
The property is located at 113 Green Waterbury, CT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Four‑family property is fully occupied; Each unit includes one dedicated off‑street parking space; Tenant‑paid gas and electric utilities are separately assigned
