4-Unit Multifamily
New
For Sale
$525,000
25 Bunker Hill Ave, Waterbury, CT 06708
All four apartments are occupied, and tenants pay their own utilities.
Property Size3,650 SF
Price / SF$143.84
Days on Market7
Property Features for 25 Bunker Hill Ave
General Information
Standard status
Active
Size
3,650 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Browns Meadows
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1930
Listing Agency:
Oxford Realty
Listed By:
Amanda R. Faroni-Sheehan (203) 314-4219 (203) 314-4219 · License #REB.0793328
(203) 314-4219
Source:
Centralconnecticuthomefinder
Added: Oct 25
Changed: Oct 28
Last Checked: Oct 30 at 2:46PM
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 Oxford Realty
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Investment Insights
Based on property information with market context.
At 25 Bunker Hill Avenue, this 3,650-square-foot multifamily property contains four apartments: two with two bedrooms and one bathroom each, and two with one bedroom and one bathroom each. Built in 1930, the building is fully occupied and has off-street parking. Electric heat serves the units, while gas is used for cooking and hot water. Tenants pay their own utilities, and the property is zoned RL.
The building occupies a corner at Bunker Hill Avenue and Watertown Avenue in Waterbury. Parks, restaurants, shopping, medical facilities, everyday services, and major highways are identified as nearby. The property may be acquired on its own or alongside other multifamily properties in Waterbury.
The building occupies a corner at Bunker Hill Avenue and Watertown Avenue in Waterbury. Parks, restaurants, shopping, medical facilities, everyday services, and major highways are identified as nearby. The property may be acquired on its own or alongside other multifamily properties in Waterbury.
Key Highlights
- Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
- 3,650 square feet; built in 1930
- All units occupied; tenants pay utilities separately
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,123
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,460
$822.5K
Cap Rate 7%
$587,471
$587.5K
Cap Rate 9%
$456,922
$456.9K
Market Conditions
NOI Build-Up for 3,650 SF
Gross rent
$63.5K $17.40/SF
− Vacancy
−$4.8K −$1.31/SF
EGI
$58.7K $16.10/SF
− OpEx
−$17.6K −$4.83/SF
NOI
$41.1K $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%
$822,460
Cap Rate 7%
$587,471
Cap Rate 9%
$456,922
Alternative Uses
Best Use
Multifamily LT 5
$587.5K
$514.0K – $685.4K
NOI $41,123 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$529.2K
$463.1K – $617.4K
NOI $37,046 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$968.6K
$847.5K – $1.13M
NOI $67,802 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,251
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - All four apartments are occupied, and tenants pay their own utilities.
Where is this quadplex located?
The property is located at 25 Bunker Hill Ave Waterbury, CT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; 3,650 square feet; built in 1930; All units occupied; tenants pay utilities separately
