Waterbury Two-Family Investment
398 Bucks Hill Road Waterbury, CT 06704
398 Bucks Hill Road, Waterbury, CT, 06704
$349,900
For Sale
$349,900
MULTI_FAMILY - Waterbury, CT
Property Size1,728 SF
Lot Size0.28 Acres
Price / SF$202.49
Days on Market48
Property Features for 398 Bucks Hill Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS-12
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Basement
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 1,728 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5485
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1910
- Architectural style
- Other
Listing Agency
West View Properties, LLC
(860) 274-7838
1400 Main Street, Unit 3, Watertown, CT
Listed by
Kara Reynolds
(203) 217-3711
Added: May 31 Checked: Jul 17 at 11:06 pm
MLS# 24179425
Listing URL
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Waterbury's Bucks Hill neighborhood, this two-family property presents an opportunity for both owner-occupants and investors. The property features two 2-bedroom, 1-bath units with separate living spaces. The building provides approximately 1,728 square feet of living space. There is ample off-street parking and a yard. The property is conveniently located near schools, shopping, public transportation, and major commuter routes. This income-producing property has strong upside potential.
Key Highlights
- Two‑family home on Bucks Hill Road with two separate 2‑bedroom, 1‑bath units
- Approximately 1,728 SF of living space with basement
- Public water and public sewer
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 | $30.1k | $17.40 |
| − Vacancy | −$2.3k | −$1.31 |
| EGI | $27.8k | $16.10 |
| − OpEx | −$8.3k | −$4.83 |
| NOI | $19.5k | $11.27 |
1,728 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$278.1K
$243.4K – $324.5K
NOI $19,469 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$250.5K
$219.2K – $292.3K
NOI $17,538 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$458.6K
$401.2K – $535.0K
NOI $32,099 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Henry's Roofing & Siding
Roofing Company
Henrys construction & Remodeling
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family property in Waterbury's Bucks Hill neighborhood.
Where is this duplex located?
The property is located at 398 Bucks Hill Road Waterbury, CT.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑family home on Bucks Hill Road with two separate 2‑bedroom, 1‑bath units; Approximately 1,728 SF of living space with basement; Public water and public sewer
