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Renovated First-Floor Triplex
New
For Sale
$375,000

16 Fairview Street, Waterbury, CT 06710

Three apartments offer separate gas and electric utilities, hardwood flooring, and practical layouts across the building.

Property Size1,903 SF
Price / SF$104.34
Days on Market6

Property Features for 16 Fairview Street

General Information

Standard status Active
Size 1,903 SF
Property subtype 3 Family

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 3

Building Details

Building Size 1,903 SF
Year Built 1903
Listing Agency: Precision Realty LLC
Listed By: April Cova
Source: Iverty
Added: Aug 27 Changed: Aug 31 Last Checked: Aug 31 at 1:58PM

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 Precision Realty LLC

Investment Insights

Based on property information with market context.

This three-unit residential income property contains approximately 3,594 square feet of living space. The first-floor apartment includes three bedrooms and one full bath, while the second- and third-floor apartments each provide two bedrooms and one full bath. Hardwood flooring, comfortable living areas, and functional layouts are featured throughout. Separate gas and electric utilities serve each unit.

The first-floor unit has a renovated kitchen, refinished hardwood floors, fresh paint, laundry hookups, a refrigerator, a front porch, and backyard access. The property also provides access to shopping, restaurants, public transportation, downtown Waterbury, and major routes. Built in 1903 and zoned RM, the building offers a three-unit configuration suitable for rental occupancy or owner-occupancy with additional units.

Key Highlights

  • Approximately 3,594 square feet of total living space
  • Three‑unit layout with 3 bedrooms and 1 full bath on the first floor
  • Second- and third‑floor apartments each have 2 bedrooms and 1 full bath

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,349
Businesses Nearby

Demographics for 06710, CT

11,056
Population
4,515
Households
2.4
Avg Household Size
32
Median Age
15%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
11,056
Density / Sq Mi
$42,774
Median Household Income
$33,880
Median Earnings
$1,135
Median Rent
$219,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three apartments offer separate gas and electric utilities, hardwood flooring, and practical layouts across the building.
Where is this triplex located?
The property is located at 16 Fairview Street 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: Approximately 3,594 square feet of total living space; Three‑unit layout with 3 bedrooms and 1 full bath on the first floor; Second- and third‑floor apartments each have 2 bedrooms and 1 full bath
More about this property
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