Search
Three-Unit Residential Property
New
For Sale
$435,000

22 Harriet, Waterbury, CT 06708

Each residence has two bedrooms, enclosed porches, separate utilities, and washer and dryer hookups.

Property Size1,918 SF
Price / SF$142
Days on Market7

Property Features for 22 Harriet

General Information

Standard status Active
Size 1,918 SF
Property subtype 3 Family
Lease Term Listing ID: 24213410, Standard Status: Active, MLS Status: Active, Property Subtype: 3 Family, 1 day on market

Units

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

Building Details

Building Size 1,918 SF
Year Built 1918
Buildings 1
Listing Agency: eXp Realty
Listed By: Nicholas Greene · License #RES.0810958
Source: Iverty
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 15 at 12:38AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This three-unit residential property contains one two-bedroom, one-bathroom residence on each floor. All units have a combined living and dining area, an eat-in kitchen with a butler’s pantry nook, and enclosed front and rear porches. Hardwood floors and original wood trim and casings are present throughout. Each unit has separate utilities and washer and dryer hookups. The building was constructed in 1918, and the roof was replaced in 2019. Vinyl replacement windows and six fire-rated doors are among the property updates.

Two floors are occupied by tenants, while one floor is vacant. The property is located at 22 Harriet Avenue in Waterbury, Connecticut, and is zoned RM. The sale is offered as-is.

Key Highlights

  • Three units, each with 2 bedrooms and 1 bathroom
  • Each residence includes a living/dining area, eat‑in kitchen, and butler’s pantry nook
  • Enclosed front and rear porches serve each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,273
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,460 $685.5K
Cap Rate 7%
$489,614 $489.6K
Cap Rate 9%
$380,811 $380.8K
Market Conditions
NOI Build-Up for 3,042 SF
Gross rent
$52.9K $17.40/SF
− Vacancy
−$4.0K −$1.31/SF
EGI
$49.0K $16.10/SF
− OpEx
−$14.7K −$4.83/SF
NOI
$34.3K $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%
$685,460
Cap Rate 7%
$489,614
Cap Rate 9%
$380,811

Alternative Uses

Best Use
Multifamily LT 5
$489.6K
$428.4K – $571.2K (±1% cap)
NOI $34,273 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$441.1K
$385.9K – $514.6K (±1% cap)
NOI $30,875 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$807.3K
$706.4K – $941.8K (±1% cap)
NOI $56,508 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Florist Butcher Storage Facility

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

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby

Demographics for 06708, CT

30,345
Population
13,061
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
3,228
Density / Sq Mi
$63,705
Median Household Income
$40,515
Median Earnings
$1,275
Median Rent
$196,700
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Each residence has two bedrooms, enclosed porches, separate utilities, and washer and dryer hookups.
Where is this triplex located?
The property is located at 22 Harriet Waterbury, CT.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; Each residence includes a living/dining area, eat‑in kitchen, and butler’s pantry nook; Enclosed front and rear porches serve each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again