Renovated Three-Family
30 North Walnut Street Waterbury, CT 06704
30 North Walnut Street, Waterbury, CT, 06704
$475,000
For Sale
$475,000
Three-unit multifamily with two renovated 3-bed units and one 2-bed unit; utilities are separately metered and tenant-paid.
Property Size3,044 SF
Price / SF$156.04
Days on Market47
Property Features for 30 North Walnut Street
General Information
- Standard status
- Active
- Size
- 3,044 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1900
Listing agency
Oxford Realty
(203) 314-4219
Listed by
Amanda Faroni-Sheehan
(203) 314-4219
Source
Lockandkeyre
Added: Jun 5 Updated: Jul 21 at 4:22AM Checked: Jul 21 at 4:22AM
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
Investment Insights
Based on property information with market context.
This three-family property features a unit mix of two 3-bedroom, 1-bath apartments and one 2-bedroom, 1-bath apartment. The first and third-floor units have been completely renovated with updated flooring, paint, fixtures, kitchens, and baths.
The property is located in Waterbury’s North End, just minutes from Downtown Waterbury, Waterbury Hospital, shopping, restaurants, public transportation, and major highways. On-street parking is available.
All utilities are separately metered and tenant-paid, including heat (gas), hot water, and electricity.
The property is located in Waterbury’s North End, just minutes from Downtown Waterbury, Waterbury Hospital, shopping, restaurants, public transportation, and major highways. On-street parking is available.
All utilities are separately metered and tenant-paid, including heat (gas), hot water, and electricity.
Key Highlights
- Three‑family multifamily built in 1900 with a unit mix of two 3 bed, 1 bath units and one 2 bed, 1 bath unit
- First- and third‑floor units recently renovated with updated flooring, paint, fixtures, kitchens, and baths
- All utilities are separately metered and tenant‑paid, including heat (gas), hot water, and electricity
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.0k | $17.40 |
| − Vacancy | −$4.0k | −$1.31 |
| EGI | $49.0k | $16.10 |
| − OpEx | −$14.7k | −$4.83 |
| NOI | $34.3k | $11.27 |
3,044 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$489.9K
$428.7K – $571.6K
NOI $34,295 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$441.4K
$386.2K – $514.9K
NOI $30,895 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$807.8K
$706.8K – $942.4K
NOI $56,545 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit multifamily with two renovated 3-bed units and one 2-bed unit; utilities are separately metered and tenant-paid.
Where is this triplex located?
The property is located at 30 North Walnut Street Waterbury, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three‑family multifamily built in 1900 with a unit mix of two 3 bed, 1 bath units and one 2 bed, 1 bath unit; First- and third‑floor units recently renovated with updated flooring, paint, fixtures, kitchens, and baths; All utilities are separately metered and tenant‑paid, including heat (gas), hot water, and electricity
