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Four-Unit Corner-Lot Quadplex
For Sale
$499,900

35 Madison Street, Waterbury, CT 06706

Fully occupied multifamily property with updated interiors, separate tenant-paid utilities, and dedicated off-street parking for every unit.

Property SizeContact for details
Days on Market9

Property Features for 35 Madison Street

General Information

Standard status Active
Property subtype Multi Family
Zoning RM
Occupancy 100%

Units

Multifamily Units 4
Parking per Unit 1

Additional Details

Utilities to Site Yes

Building Details

Year Built 1905
Listing Agency: Oxford Realty
Listed By: Amanda R Faroni-Sheehan · License #REB.0793328
Source: Capmarkrealty
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 22 at 1:55PM

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.

Built in 1905, this RM-zoned quadplex contains four residential units and is fully occupied. The property has received updates, features low-maintenance vinyl siding, and sits on a corner lot. Each unit includes one dedicated off-street parking space, while gas and electric utilities are separately metered and paid by tenants.

Located at 35 Madison Street in Waterbury’s South End, the property offers access to shopping, major routes, and area amenities. The reported 11% ROI and established tenancy provide operating history for review, with a low-expense profile identified in the property information.

Key Highlights

  • Four‑family property with 100% occupancy
  • 11% ROI reported
  • RM zoning and 1905 construction

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Demographics for 06706, CT

14,699
Population
5,907
Households
2.5
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.8 sq mi
ZIP Area
3,868
Density / Sq Mi
$51,770
Median Household Income
$32,375
Median Earnings
$1,233
Median Rent
$171,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Fully occupied multifamily property with updated interiors, separate tenant-paid utilities, and dedicated off-street parking for every unit.
Where is this quadplex located?
The property is located at 35 Madison Street Waterbury, CT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Four‑family property with 100% occupancy; 11% ROI reported; RM zoning and 1905 construction
More about this property
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