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    28 Gilbert St Waterbury, CT 06702

    For Sale
    $500,000

    Waterbury 5-unit property with strong rental history and updated finishes.

    Lot size:
    0.08 Acres

    Property Features for 28 Gilbert St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1880

    Source: Finish Line Realty Agent Mark Forte

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey 5-Family Investment Property

    This is a 5-family property located in Waterbury. All five units are fully rented with reliable tenants, providing immediate income for investors. Each apartment features all-new kitchens and updated finishes throughout. The building has separate utilities. The roof is approximately eight years old and in great condition. The property is located on the bus line and close to shopping, schools, and major highways, offering easy access for tenants and consistent rental demand. On-street parking is available. This property offers excellent cash flow and a strong rental history.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0489033
    Latitude
    41.5588414

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    FAQs

    What type of property is this?
    Apartment building - Waterbury 5-unit property with strong rental history and updated finishes.
    Where is this apartment building located?
    The property is located at 28 Gilbert St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Turnkey 5-family property with immediate income; - All units feature **new kitchens and updated finishes**; - Strong rental history with reliable tenants
    (203) 707-9809
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    28 Gilbert St Waterbury, CT 06702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Gilbert St Waterbury, CT 06702
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