23 Summer St Waterbury, CT 06704

Building Details

Year Built

1899

Listing Agency R***@gmail.com Show Phone

Listed by Ryan Gannon Show Phone

Source Elliman

Added: Mar 24 Checked: Jul 17 at 3:50 am

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Investment Insights

Based on property information with market context.

This well-maintained three-family home, owned by the same family for nearly 100 years, reflects pride of ownership. The property has been upgraded over the years while retaining its original charm. The first-floor apartment features woodwork and high ceilings. All units have spacious layouts with large bedrooms. The roof is approximately 10 years old, and the mechanicals have been replaced within the last 5-7 years. The first-floor unit is leased through the end of October, the second-floor unit is leased through the end of April and will be going month to month, and the third-floor unit is currently not occupied, offering immediate opportunity for additional income or owner occupancy. Current rents are below market value, presenting upside potential for investors.

Key Highlights

• Three‑family home offering immediate income potential with two existing leases and a vacant unit ready to lease.
• Significant potential to increase rental income due to below‑market rents.
• Well‑maintained property showing pride of ownership, family‑owned for nearly 100 years.

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FAQs

What type of property is this?

Triplex - Three-family home with upgrades and income potential.

Where is this triplex located?

The property is located at 23 Summer St Waterbury, CT.

What is the asking price?

The asking price for this property is $449,000.

What are key features of this property?

This property features: Three‑family home offering immediate income potential with two existing leases and a vacant unit ready to lease.; Significant potential to increase rental income due to below‑market rents.; Well‑maintained property showing pride of ownership, family‑owned for nearly 100 years.