Well-Maintained Three-Family
For Sale
$449,000
Pending
23 Summer Street, Waterbury, CT 06704
Three-family home with upgrades and income potential.
Property SizeContact for details
Days on Market174
Property Features for 23 Summer Street
General Information
Standard status
Pending
Property subtype
Multi Family
Zoning
RM
Building Details
Year Built
1899
Listing Agency:
BHGRE Gaetano Marra Homes
Listed By:
Ryan Gannon
(203) 217-2352
Source:
Capmarkrealty
Added: Mar 24
Changed: Sep 10
Last Checked: Sep 13 at 4:44AM
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 BHGRE Gaetano Marra Homes
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
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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
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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?
Triplex - Three-family home with upgrades and income potential.
Where is this triplex located?
The property is located at 23 Summer Street 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.
