Renovated 3-Unit Residential
133 Southmayd Road Waterbury, CT 06705
For Sale
$499,900
Completely renovated 3-family property with updated kitchens and baths, tenant-paid gas and electric, and off-street parking.
Property Size3,176 SF
Lot Size0.17 Acres
Price / SF$157.40
Days on Market113
Property Features for 133 Southmayd Road
General Information
- Standard status
- Active
- Size
- 3,176 SF
- Lot size
- 0.17 Acres
- Property subtype
- 3 Family
Building Details
- Year Built
- 1920
Listing Agency:
Oxford Realty
(203) 314-4219
Listed By:
Amanda Faroni-Sheehan
(203) 314-4219
Source:
Lockandkeyre
Added: Apr 3
Changed: Jul 23
Last Checked: Jul 23 at 3:01PM
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 completely renovated 3-family residential income property offers a move-in ready setup with all units updated throughout. The unit mix includes two spacious 3-bedroom units and one 1-bedroom unit. Improvements include new flooring, fresh paint, modern fixtures, and renovated kitchens and bathrooms in each unit.
The property sits on a corner lot and features a private driveway with ample off-street parking. Utilities are separated and tenant-paid for gas and electric.
With a turn-key configuration and a practical, low-maintenance layout, the building is positioned as an income-generating 3-family opportunity in Waterbury’s East End area, with convenient access to public transportation, major highways, downtown, shopping, hospitals, and other local amenities.
The property sits on a corner lot and features a private driveway with ample off-street parking. Utilities are separated and tenant-paid for gas and electric.
With a turn-key configuration and a practical, low-maintenance layout, the building is positioned as an income-generating 3-family opportunity in Waterbury’s East End area, with convenient access to public transportation, major highways, downtown, shopping, hospitals, and other local amenities.
Key Highlights
- Completely renovated 3‑family with updated kitchens and bathrooms throughout
- Unit mix: two 3‑bedroom units (~1,100 SF each) plus one 1‑bedroom unit (~990 SF)
- Separate, tenant‑paid utilities for gas and electric
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 | $55.3k | $17.40 |
| − Vacancy | −$4.1k | −$1.31 |
| EGI | $51.1k | $16.10 |
| − OpEx | −$15.3k | −$4.83 |
| NOI | $35.8k | $11.27 |
3,176 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$511.2K
$447.3K – $596.4K
NOI $35,782 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$460.5K
$402.9K – $537.3K
NOI $32,235 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$842.8K
$737.5K – $983.3K
NOI $58,997 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Completely renovated 3-family property with updated kitchens and baths, tenant-paid gas and electric, and off-street parking.
Where is this triplex located?
The property is located at 133 Southmayd Road Waterbury, CT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Completely renovated 3‑family with updated kitchens and bathrooms throughout; Unit mix: two 3‑bedroom units (~1,100 SF each) plus one 1‑bedroom unit (~990 SF); Separate, tenant‑paid utilities for gas and electric
