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Two-Unit Duplex with Separate Living Spaces
For Sale
$295,000

48 Taylor St, Waterbury, CT 06702

Two-family property with independent living areas and renovation needs in Waterbury.

Property Size2,018 SF
Price / SF$146.18
Days on Market69

Property Features for 48 Taylor St

General Information

Standard status Active
Size 2,018 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence requires repairs and updates

Additional Details

Multifamily Units 2

Building Details

Year Built 1891
Listing Agency: Brass Moon Realty
Listed By: Levi Judqin · License #REB.0791859
Source: Themialeteam
Added: Aug 8 Changed: Oct 7 Last Checked: Oct 15 at 12:41AM

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 Brass Moon Realty

Investment Insights

Based on property information with market context.

This two-family duplex at 48 Taylor St in Waterbury, Connecticut, offers separate living spaces within a residential income property built in 1891. The building requires repairs and updates and is being offered in as-is condition, allowing the next owner to undertake improvements based on their plans.

The property is situated near local amenities, shopping, schools, and major routes. Its two-unit configuration supports distinct household living arrangements and provides a straightforward layout for continued residential use.

Key Highlights

  • Two‑family duplex with separate living spaces
  • Built in 1891
  • Repairs and updates required

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,736
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,720 $454.7K
Cap Rate 7%
$324,800 $324.8K
Cap Rate 9%
$252,622 $252.6K
Market Conditions
NOI Build-Up for 2,018 SF
Gross rent
$35.1K $17.40/SF
− Vacancy
−$2.6K −$1.31/SF
EGI
$32.5K $16.10/SF
− OpEx
−$9.7K −$4.83/SF
NOI
$22.7K $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%
$454,720
Cap Rate 7%
$324,800
Cap Rate 9%
$252,622

Alternative Uses

Best Use
Multifamily LT 5
$324.8K
$284.2K – $378.9K (±1% cap)
NOI $22,736 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$292.6K
$256.0K – $341.4K (±1% cap)
NOI $20,482 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$535.5K
$468.6K – $624.8K (±1% cap)
NOI $37,486 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Catering Service Florist Pet Grooming Service Storage Facility

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,762
Businesses Nearby

Demographics for 06702, CT

3,882
Population
1,910
Households
2
Avg Household Size
45
Median Age
8%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
5,546
Density / Sq Mi
$16,198
Median Household Income
$15,833
Median Earnings
$720
Median Rent
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?
Duplex - Two-family property with independent living areas and renovation needs in Waterbury.
Where is this duplex located?
The property is located at 48 Taylor St Waterbury, CT.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑family duplex with separate living spaces; Built in 1891; Repairs and updates required
More about this property
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