4-Unit Apartment
New
For Sale
$625,000
17 Burton, Waterbury, CT 06704
Apartments include both one-bedroom and three-bedroom layouts.
Property Size3,725 SF
Price / SF$167.79
Days on Market3
Property Features for 17 Burton
General Information
Standard status
Active
Size
3,725 SF
Property subtype
4 Family
Units
Unit Mix
2 x 1BR, 2 x 3BR
Multifamily Units
4
Building Details
Year Built
1890
Listing Agency:
Brass Moon Realty
(203) 945-1000
Listed By:
Ben Weinberg · License #RES.0813934
(917) 974-6356
Source:
Lockandkeyre
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 14 at 11:14PM
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.
At 17 Burton St in Waterbury, this apartment property contains four units across 3,725 square feet. The unit mix comprises two one-bedroom apartments and two three-bedroom apartments.
Built in 1890, the property is located in Waterbury, Connecticut.
Built in 1890, the property is located in Waterbury, Connecticut.
Key Highlights
- Four apartments: two one‑bedroom units and two three‑bedroom units
- 3,725 square feet
- Built in 1890
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,968
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,360
$839.4K
Cap Rate 7%
$599,543
$599.5K
Cap Rate 9%
$466,311
$466.3K
Market Conditions
NOI Build-Up for 3,725 SF
Gross rent
$64.8K $17.40/SF
− Vacancy
−$4.9K −$1.31/SF
EGI
$60.0K $16.10/SF
− OpEx
−$18.0K −$4.83/SF
NOI
$42.0K $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%
$839,360
Cap Rate 7%
$599,543
Cap Rate 9%
$466,311
Alternative Uses
Best Use
Multifamily LT 5
$599.5K
$524.6K – $699.5K
NOI $41,968 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$540.1K
$472.6K – $630.1K
NOI $37,807 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$988.5K
$865.0K – $1.15M
NOI $69,196 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Apartments include both one-bedroom and three-bedroom layouts.
Where is this quadplex located?
The property is located at 17 Burton Waterbury, CT.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Four apartments: two one‑bedroom units and two three‑bedroom units; 3,725 square feet; Built in 1890
