Two-Unit Duplex with Hardwood
New
For Sale
$375,000
47 Stillson, Waterbury, CT 06705
Separate tenant-paid utilities cover gas heat, hot water, and electricity.
Property Size1,128 SF
Price / SF$332.45
Days on Market4
Property Features for 47 Stillson
General Information
Standard status
Active
Size
1,128 SF
Property subtype
2 Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1947
Buildings
1
Listing Agency:
Oxford Realty
(203) 314-4219
Listed By:
Amanda Faroni-Sheehan · License #REB.0793328
(203) 758-0264
Source:
Lockandkeyre
Added: Oct 17
Changed: Oct 20
Last Checked: Oct 19 at 2:27PM
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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Investment Insights
Based on property information with market context.
This 1947 duplex contains two residences: a two-bedroom, two-bath unit and a one-bedroom, one-bath unit. Hardwood flooring runs throughout the property, and each unit has separate utilities paid by its tenant. The building measures 1,128 square feet.
The property occupies a corner lot in Waterbury’s East End, with a yard and off-street parking. Shopping, dining, major highways, and everyday conveniences are accessible nearby.
The property occupies a corner lot in Waterbury’s East End, with a yard and off-street parking. Shopping, dining, major highways, and everyday conveniences are accessible nearby.
Key Highlights
- Two residences: one with 2 bedrooms and 2 bathrooms, and one with 1 bedroom and 1 bathroom
- 1,128‑square‑foot building, built in 1947
- Hardwood flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,709
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,180
$254.2K
Cap Rate 7%
$181,557
$181.6K
Cap Rate 9%
$141,211
$141.2K
Market Conditions
NOI Build-Up for 1,128 SF
Gross rent
$19.6K $17.40/SF
− Vacancy
−$1.5K −$1.31/SF
EGI
$18.2K $16.10/SF
− OpEx
−$5.4K −$4.83/SF
NOI
$12.7K $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%
$254,180
Cap Rate 7%
$181,557
Cap Rate 9%
$141,211
Alternative Uses
Best Use
Multifamily LT 5
$181.6K
$158.9K – $211.8K
NOI $12,709 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$163.6K
$143.1K – $190.8K
NOI $11,449 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$299.3K
$261.9K – $349.2K
NOI $20,954 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
781
Businesses Nearby
Explore this area
Business Placement
Demographics for 06705, CT
27,197
Population
12,222
Households
2.2
Avg Household Size
38
Median Age
18%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
4,857
Density / Sq Mi
$53,169
Median Household Income
$41,327
Median Earnings
$1,165
Median Rent
$177,700
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 - Separate tenant-paid utilities cover gas heat, hot water, and electricity.
Where is this duplex located?
The property is located at 47 Stillson Waterbury, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two residences: one with 2 bedrooms and 2 bathrooms, and one with 1 bedroom and 1 bathroom; 1,128‑square‑foot building, built in 1947; Hardwood flooring throughout
