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Updated Duplex with Detached Garage
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132 Central Ave, Waterbury, CT 06702

Two leased apartments offer separate tenant-paid utilities, refreshed interiors, and dedicated off-street parking.

Property SizeContact for details
Days on Market144

Property Features for 132 Central Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: OXFORD REALTY
Listed By: Amanda Faroni-Sheehan · License #REB.0793328 CT
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:00AM

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 two-unit multifamily property on Central Ave in Waterbury, CT includes a three-bedroom first-floor apartment and a four-bedroom second-floor apartment, each measuring approximately 1,400 SF. Both residences have been remodeled with hardwood floors, updated kitchens and bathrooms, newer paint, replacement fixtures, and multiple replacement windows. Vinyl siding and a roof approximately five years old add to the recent improvements.

The property is 100% occupied, with both tenants currently under lease. Utilities are separately metered and paid by the tenants, including gas heat and hot water. Exterior features include a driveway, off-street parking, and a detached two-car garage at the rear. A full unfinished basement provides additional storage space. Updated electrical service is also in place, and the property reports a 9.5% CAP rate.

Key Highlights

  • Two‑unit property with 3‑bedroom and 4‑bedroom apartments
  • Each unit is approximately 1,400 SF
  • 100% occupied with both tenants currently on a lease

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2,626
Businesses Nearby

Demographics for 06702, CT

3,882
Population
1,910
Households
2
Avg Household Size
45
Median Age
8%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
5,546
Density / Sq Mi
$16,198
Median Household Income
$15,833
Median Earnings
$720
Median Rent

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two leased apartments offer separate tenant-paid utilities, refreshed interiors, and dedicated off-street parking.
Where is this duplex located?
The property is located at 132 Central Ave Waterbury, CT.
What are key features of this property?
This property features: Two‑unit property with 3‑bedroom and 4‑bedroom apartments; Each unit is approximately 1,400 SF; 100% occupied with both tenants currently on a lease
(203) 314-4219 Call to check price and availability
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