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4-Unit Quadplex
New
For Sale
$625,000

17 Burton Street, Waterbury, CT 06704

Multi-Family For Sale, Units on different Floors, Waterbury, CT

Property Size3,725 SF
Lot Size0.08 Acres
Price / SF$167.79
Days on Market3

Property Features for 17 Burton Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bathroom 4, Bedroom 8, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 3, Basement, Bedroom 6
Basement Full
Lot features City Views
Elementary school Per Board of Ed
High school Per Board of Ed
Directions gps
Standard status Active
Size 3,725 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 4942

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1890
Architectural style Other
Listing Agency: Brass Moon Realty
Listed By: Ben Weinberg · License #RES.0813934
Added: Oct 13 Last Checked: Oct 15 at 1:06AM
MLS# 24214259

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

At 17 Burton Street in Waterbury, this quadplex contains four apartments: two with one bedroom and two with three bedrooms. The building has 3,725 square feet and sits on a 0.08-acre lot. It was built in 1890 and is zoned RM.

Heating is provided by a hot water system. The property has public water service and public sewer.

Key Highlights

  • Four apartments: two one‑bedroom units and two three‑bedroom units
  • 3,725 square feet on a 0.08‑acre lot
  • RM zoning

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 (±1% cap)
NOI $41,968 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$540.1K
$472.6K – $630.1K (±1% cap)
NOI $37,807 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$988.5K
$865.0K – $1.15M (±1% cap)
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

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Garden Center Catering Service Electrical Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - The building contains two one-bedroom apartments and two three-bedroom apartments.
Where is this quadplex located?
The property is located at 17 Burton Street 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 on a 0.08‑acre lot; RM zoning
More about this property
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