23 Plaza Avenue, Waterbury, CT 06710
MULTI_FAMILY - Waterbury, CT
- Added:
- Jun 12, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 15 at 2:06 am
Property Features for 23 Plaza Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bedroom 1, Bedroom 8, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 9, Bedroom 4, Bedroom 3, Bathroom 3, Basement, Bedroom 2
- Parking
- 3
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Basement
- Full
- Standard status
- Active
- Size
- 3,245 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4855
Utilities
- Sewer type
- Public Sewer
- Cooling system
- None (Cooling), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agent Robert Ghent License #REB.0790043 (203) 543-2847
Listing office Ghent Realty Advisors 555 Heritage Road, Suite 5, Waterbury, CT (203) 597-1077
Listing date Jun 12, 2026
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.
HighLights
- Three‑family property with 3 separate 3‑bed, 1‑bath units
- All utilities are separately metered and tenant‑paid, including gas heat, hot water, and electricity
- New roof installed in 2021
- Public water and public sewer
- Porch and on‑street parking
- Built in 1900
Overview
Located in the Willow Plaza neighborhood of Waterbury, the property is described as being just minutes from Downtown Waterbury, Waterbury Hospital, shopping, restaurants, public transportation, and major highways. On-street parking is available.
For buyers seeking a straightforward multifamily setup, the unit-by-unit utility metering can help keep operating expenses more controlled from the owner’s perspective, since tenants are responsible for their own heat, hot water, and electricity. The consistent 3-bedroom, 1-bath configuration across all three units may also simplify leasing and tenanting for an operator looking to manage a uniform residential product. The property is zoned RM.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.5k | $17.40 |
| − Vacancy | −$4.2k | −$1.31 |
| EGI | $52.2k | $16.10 |
| − OpEx | −$15.7k | −$4.83 |
| NOI | $36.6k | $11.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.049457
- Latitude
- 41.566199