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Well-Maintained Two-Family Property

28 Platt Street, Waterbury, CT 06704

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For Sale

Under Contract

$319,900

MULTI_FAMILY - Waterbury, CT

Property size:

2,520 SF

Lot size:

0.15 Acres

Price / SF:

$126/SF

HighLights

Two‑family home built in 1891 with public water and public sewer
First‑floor unit: 5 rooms, 2 bedrooms; bathroom fully updated in 2023; new gas furnace and tankless hot water installed in 2023
Second‑floor unit: 6 rooms, 3 bedrooms with finished attic space; eat‑in kitchen heated by oil with materials available to convert to electric
Major updates: new roof (2023) and updated electrical system (2023)
Hot water upgrades include electric hot water tank installed in 2020
Detached 2‑car garage, ample off‑street parking, and a clean basement with transferable building and finishing materials

We can help!

Contact an agent

Ashley Henry

For Sale

Under Contract

$319,900

MULTI_FAMILY - Waterbury, CT

Property size:

2,520 SF

Lot size:

0.15 Acres

Price / SF:

$126/SF

Added:: May 15, 2026
Days on Market:: 53
Last Refresh:: Jul 6 at 9:06 am

Property Features for 28 Platt Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RM
Bedrooms: 5
Bathrooms: 2
Rooms: Bedroom 1, Bedroom 4, Basement, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2
Parking: 6
Basement: Full
Standard status: Active Under Contract
Size: 2,520 SF
Lot size: 0.15 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 4594

Utilities

Sewer type: Public Sewer
Heating system: Hot Water(Heating)
Water source: Public

Building Details

Year built: 1891
Architectural style: Other

We can help!

Contact an agent

Ashley Henry

Listing agent Ashley Henry

Listing office The Washington Agency 182 Birge Park Road Unit 1, Torrington, CT

Listing date May 15, 2026

MLS# 24169945 Listing URL

HighLights

Two‑family home built in 1891 with public water and public sewer
First‑floor unit: 5 rooms, 2 bedrooms; bathroom fully updated in 2023; new gas furnace and tankless hot water installed in 2023
Second‑floor unit: 6 rooms, 3 bedrooms with finished attic space; eat‑in kitchen heated by oil with materials available to convert to electric
Major updates: new roof (2023) and updated electrical system (2023)
Hot water upgrades include electric hot water tank installed in 2020
Detached 2‑car garage, ample off‑street parking, and a clean basement with transferable building and finishing materials

Overview

This well-maintained two-family property offers income potential and an owner-occupant opportunity. The first-floor unit features five rooms and two bedrooms with a bathroom updated in 2023. It is heated with a new gas furnace and a tankless hot water system installed in 2023. The second-floor unit features six rooms and three bedrooms with a townhouse-style layout, including finished attic space. This unit includes an eat-in kitchen and is heated by oil, but has materials available to convert to electric. The electric hot water tank was installed in 2020. Major updates include a new roof (2023) and updated electrical system (2023). Additional highlights include a clean basement with transferable building and finishing materials, a detached two-car garage, and ample off-street parking. The property is located near shopping, public transportation, schools, parks, recreation, and major highways. The lot size is 0.15 acres and the property size is 2520 square feet. The property is located in Waterbury, CT.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$43.8k	$17.40
− Vacancy	−$3.3k	−$1.31
EGI	$40.6k	$16.10
− OpEx	−$12.2k	−$4.83
NOI	$28.4k	$11.27

2,520 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$405.6K

$354.9K – $473.2K (±1% cap)

NOI $28,392 @ 7.0% cap · market cap 8.88%

Second Best

Apartment 5plus

$365.4K

$319.7K – $426.3K (±1% cap)

NOI $25,577 @ 7.0% cap · market cap 8.00%

Theoretical Best

Office A

$668.7K

$585.2K – $780.2K (±1% cap)

NOI $46,812 @ 7.0% cap · market cap 14.63%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Waterbury
County: New Haven
State: Connecticut
Longitude: -73.032302
Latitude: 41.565868

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For sale
Duplexes
CT
Waterbury
06704
28 Platt Street

What type of property is this?

Duplex - Two-family property with income potential and owner-occupant opportunity.

Where is this duplex located?

The property is located at 28 Platt Street Waterbury, CT.

What is the asking price?

The asking price for this property is $319,900.

What are key features of this property?

This property features: Two‑family home built in 1891 with public water and public sewer; First‑floor unit: 5 rooms, 2 bedrooms; bathroom fully updated in 2023; new gas furnace and tankless hot water installed in 2023; Second‑floor unit: 6 rooms, 3 bedrooms with finished attic space; eat‑in kitchen heated by oil with materials available to convert to electric

28 Platt Street, Waterbury, CT 06704

MULTI_FAMILY - Waterbury, CT

Property Features for 28 Platt Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Four-Story Restaurant & Bar Building

Historic Three-Unit Multifamily Building

Four-Unit Multifamily Property

Mixed-Use Apartment Building with Retail

Renovated Mixed-Use Income Property

Turnkey Renovated Multi-Family Home

One-Story Concrete Block Warehouse

Waterbury Multifamily Investment Opportunity

11-Unit Multifamily Apartment Building

Permitted Rooming House with Garage

Renovated 2-Family Income Duplex

Auto Repair Shop with Four Bays

FAQs