124 Pine Street, Waterbury, CT 06710
Three well-appointed units offer updated kitchens, hardwood floors, central air, and separate utilities within a historic setting.
- Added:
- Jun 4, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 11 at 2:57 am
Property Features for 124 Pine Street
General Information
- Standard status
- Active
- Size
- 3,676 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1907
Listing agent Lynn Lombardi License #RES.0060101 (203) 232-3078
Listing office Fercodini Properties, Inc. (203) 232-3078
Listing date Jun 4, 2026
Source Lockandkeyre
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 Fercodini Properties, Inc.
HighLights
- Multi‑family property built in 1907 with 3 units, each offering 2 bedrooms and 2 baths
- Updated kitchens with granite countertops and stainless steel appliances in each unit
- Hardwood floors and central air in all 3 units
- Separate utilities for each unit
- Each unit includes a 1‑car garage
Overview
Located at 124 Pine Street in Waterbury, CT 06710, the property presents a distinctive exterior presence consistent with its period architecture. The combination of multiple self-contained units and separate utilities can simplify day-to-day operations for an owner who wants to live in one unit while renting the others.
For buyers considering an owner-occupant scenario or a small residential income strategy, this triplex offers a straightforward unit mix with consistent finishes and mechanical comfort across all three units. The listing also notes owner financing availability for well-qualified buyers, which may provide additional flexibility in structuring the purchase. Offered for sale at 3676 total square feet, the property is presented as a distinctive, owner-managed opportunity in a multifamily format with defined, separate living spaces.
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 | $64.0k | $17.40 |
| − Vacancy | −$4.8k | −$1.31 |
| EGI | $59.2k | $16.10 |
| − OpEx | −$17.7k | −$4.83 |
| NOI | $41.4k | $11.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.043474
- Latitude
- 41.5626211
