Two-Unit
New
For Sale
$350,000
335 Willow, Waterbury, CT 06710
Each apartment has three bedrooms, one bath, and tenant-paid gas heat, hot water, and electricity.
Property Size1,909 SF
Price / SF$135.34
Days on Market4
Property Features for 335 Willow
General Information
Standard status
Active
Size
1,909 SF
Property subtype
2 Family
Lease Term
Listing ID: 24215234, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family, 1 day on market
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Building Details
Building Size
1,909 SF
Year Built
1909
Listing Agency:
Oxford Realty
(203) 314-4219
Listed By:
Amanda Faroni-Sheehan · License #REB.0793328
(203) 758-0264
Source:
Iverty
Added: Oct 17
Changed: Oct 19
Last Checked: Oct 19 at 2:40PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family property contains 2,586 square feet across two apartments, each configured with three bedrooms and one bathroom. The building dates to 1909 and includes rear off-street parking.
Tenants pay for gas heat, hot water, and electricity. The property is located in Waterbury’s Upper Willow neighborhood.
Tenants pay for gas heat, hot water, and electricity. The property is located in Waterbury’s Upper Willow neighborhood.
Key Highlights
- Two apartments, each with 3 bedrooms and 1 bathroom
- 2,586 square feet
- Tenants pay gas heat, hot water, and electricity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,135
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,700
$582.7K
Cap Rate 7%
$416,214
$416.2K
Cap Rate 9%
$323,722
$323.7K
Market Conditions
NOI Build-Up for 2,586 SF
Gross rent
$45.0K $17.40/SF
− Vacancy
−$3.4K −$1.31/SF
EGI
$41.6K $16.10/SF
− OpEx
−$12.5K −$4.83/SF
NOI
$29.1K $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%
$582,700
Cap Rate 7%
$416,214
Cap Rate 9%
$323,722
Alternative Uses
Best Use
Multifamily LT 5
$416.2K
$364.2K – $485.6K
NOI $29,135 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$375.0K
$328.1K – $437.5K
NOI $26,247 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$686.3K
$600.5K – $800.6K
NOI $48,038 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
907
Businesses Nearby
Explore this area
Business Placement
Demographics for 06710, CT
11,056
Population
4,515
Households
2.4
Avg Household Size
32
Median Age
15%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
11,056
Density / Sq Mi
$42,774
Median Household Income
$33,880
Median Earnings
$1,135
Median Rent
$219,600
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?
Duplex - Each apartment has three bedrooms, one bath, and tenant-paid gas heat, hot water, and electricity.
Where is this duplex located?
The property is located at 335 Willow Waterbury, CT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 bathroom; 2,586 square feet; Tenants pay gas heat, hot water, and electricity
