Two-Family Duplex with Driveway
New
For Sale
$375,000
1306 North Main, Waterbury, CT 06704
The property contains five bedrooms and two full bathrooms across its two-family configuration.
Property Size1,896 SF
Days on Market5
Property Features for 1306 North Main
General Information
Standard status
Active
Size
1,896 SF
Total Parking Spaces
4
Property subtype
2 Family
Lease Term
Listing ID: 24217024, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family, 1 day on market
Site & Location
Neighborhood
New_pac
Additional Details
Multifamily Units
2
Building Details
Building Size
1,896 SF
Year Built
1896
Listing Agency:
Whitestone Real Estate Group
(203) 307-5064
Listed By:
Melanie Gonzalez · License #RES.0821099
(203) 873-9762
Source:
Iverty
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 6:06AM
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 Whitestone Real Estate Group
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Investment Insights
Based on property information with market context.
This duplex in Waterbury, Connecticut, was built in 1896 and contains two family units. The property has a total of five bedrooms and two full bathrooms. A driveway provides off-street parking for approximately 3–4 vehicles.
Key Highlights
- Two‑family duplex in Waterbury, Connecticut
- Five bedrooms and two full bathrooms total
- Driveway parking for approximately 3–4 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,361
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,220
$427.2K
Cap Rate 7%
$305,157
$305.2K
Cap Rate 9%
$237,344
$237.3K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$33.0K $17.40/SF
− Vacancy
−$2.5K −$1.31/SF
EGI
$30.5K $16.10/SF
− OpEx
−$9.2K −$4.83/SF
NOI
$21.4K $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%
$427,220
Cap Rate 7%
$305,157
Cap Rate 9%
$237,344
Alternative Uses
Best Use
Multifamily LT 5
$305.2K
$267.0K – $356.0K
NOI $21,361 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$274.9K
$240.5K – $320.7K
NOI $19,243 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$503.1K
$440.3K – $587.0K
NOI $35,220 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property contains five bedrooms and two full bathrooms across its two-family configuration.
Where is this duplex located?
The property is located at 1306 North Main Waterbury, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑family duplex in Waterbury, Connecticut; Five bedrooms and two full bathrooms total; Driveway parking for approximately 3–4 vehicles
