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Waterbury Three-Family Investment Opportunity
For Sale
$295,000

225 Bishop St, Waterbury, CT 06704

Three-family property in Waterbury, Connecticut, with income potential.

Property SizeContact for details
Days on Market104

Property Features for 225 Bishop St

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1900
Listing Agency: Brass Moon Realty
Listed By: Levi Y. Judqin · License #REB.0792029
Source: Elliman
Added: Apr 27 Changed: Jul 10 Last Checked: Aug 8 at 11:23AM

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 Brass Moon Realty

Investment Insights

Based on property information with market context.

Located in Waterbury, Connecticut, this three-family property presents an investment opportunity. Each unit offers living space with separate utilities. The property includes off-street parking. It is situated near local shopping, restaurants, schools, parks, and major highways, providing accessibility for residents. The property is being sold as-is and is subject to short sale approval. The location has a walk score of 62, indicating it is somewhat walkable, a bike score of 25, indicating it is somewhat bikeable, and a transit score of 37, indicating some transit options are available.

Key Highlights

  • Strong income potential as a 3‑family property.
  • Separate utilities for each unit, simplifying management.
  • Convenient location near shopping, restaurants, schools, parks, and major highways.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Electrical Service Veterinary Clinic Storage Facility Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

1,708
Businesses Nearby

Demographics for 06704, CT

27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-family property in Waterbury, Connecticut, with income potential.
Where is this triplex located?
The property is located at 225 Bishop St Waterbury, CT.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Strong income potential as a 3‑family property.; Separate utilities for each unit, simplifying management.; Convenient location near shopping, restaurants, schools, parks, and major highways.
More about this property
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