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Well-Maintained Oakville Triplex
For Sale
$499,990
Pending

254 Davis Street, Watertown, CT 06779

Income-producing triplex with renovated unit and long-term tenants.

Property Size1,905 SF
Days on Market110

Property Features for 254 Davis Street

General Information

Standard status Pending
Size 1,905 SF
Property subtype 3 Family

Building Details

Building Size 1,905 SF
Year Built 1905
Listing Agency: Serhant Connecticut, LLC
Listed By: Arian Hoxha · License #RES.0815860
Source: Iverty
Added: May 12 Changed: Aug 23 Last Checked: Jul 23 at 5:41AM

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 Serhant Connecticut, LLC

Investment Insights

Based on property information with market context.

This well-maintained 3-family property is located in Oakville. It offers immediate cash flow with two long-term tenants in place. The lower-level apartment features 1 bedroom and 1 full bathroom and has been updated. Recent capital improvements include a newer roof (approximately 2 years old), two updated hot water heaters, and a new garage door. Additional features include natural gas heat, newer vinyl flooring throughout, a detached 1-car garage, and a private back patio area. The property is a turnkey opportunity for investors seeking reliable cash flow or buyers looking to live in one unit while tenants help cover the mortgage. The property size is 2616 square feet.

Key Highlights

  • Immediate cash flow from two long‑term tenants paying solid rents.
  • Newly renovated lower‑level 1‑bedroom unit, ideal for owner‑occupant or new tenant.
  • Newer roof (approximately 2 years old).

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Kitchen & Bath Showroom Building Supply 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.

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 06779, CT

8,250
Population
3,558
Households
2.3
Avg Household Size
44
Median Age
32%
College-Educated
90%
High-School Grad
3.5 sq mi
ZIP Area
2,357
Density / Sq Mi
$89,353
Median Household Income
$50,525
Median Earnings
$1,292
Median Rent
$248,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Income-producing triplex with renovated unit and long-term tenants.
Where is this triplex located?
The property is located at 254 Davis Street Watertown, CT.
What is the asking price?
The asking price for this property is $499,990.
What are key features of this property?
This property features: Immediate cash flow from two long‑term tenants paying solid rents.; Newly renovated lower‑level 1‑bedroom unit, ideal for owner‑occupant or new tenant.; Newer roof (approximately 2 years old).
More about this property
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