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Renovated Four-Unit Quadplex
For Sale
Contact for pricing
Pending

1154 Bank St, Waterbury, CT 06708

Four residential units offer a three-bedroom and two-bedroom mix with separate tenant-paid utilities.

Property SizeContact for details
Days on Market142

Property Features for 1154 Bank St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 3 x 3BR, 1 x 2BR
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

laundry inside
large yard
Listing Agency: OXFORD REALTY
Listed By: Amanda Faroni-Sheehan · License #REB.0793328 CT
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:57AM

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

Investment Insights

Based on property information with market context.

This four-unit residential income property at 1154 Bank St includes three three-bedroom apartments and one two-bedroom apartment. All units are occupied, and three apartments provide in-unit laundry. Apartment interiors have been renovated over the last few years, while the roof, siding, and windows were replaced in 2013. Electrical systems and insulation were updated in 2005.

Utilities are separately metered and paid by residents. Each apartment uses electric heat, electric hot water, and electric cooking stoves. The property has on-street parking and a large rear yard, with no dedicated parking improvements noted. The reported cap rate is 9+%.

Key Highlights

  • Four‑unit configuration with three 3‑bedroom apartments and one 2‑bedroom apartment
  • 100% occupied residential income property
  • Roof, siding, and windows replaced in 2013

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Catering Service Skin Care Clinic Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer a three-bedroom and two-bedroom mix with separate tenant-paid utilities.
Where is this quadplex located?
The property is located at 1154 Bank St Waterbury, CT.
What are key features of this property?
This property features: Four‑unit configuration with three 3‑bedroom apartments and one 2‑bedroom apartment; 100% occupied residential income property; Roof, siding, and windows replaced in 2013
(203) 314-4219 Call to check price and availability
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