Waterbury Multifamily Investment
48 Taylor Street Waterbury, CT 06702
For Sale
$295,000
MULTI_FAMILY - Waterbury, CT
Property Size2,018 SF
Lot Size0.10 Acres
Price / SF$146.18
Days on Market141
Property Features for 48 Taylor Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Basement, Bedroom 4, Bedroom 2
Basement
Full, Unfinished
Standard status
Active
Size
2,018 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3457
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1891
Architectural style
Other
Listing Agency:
Brass Moon Realty
(203) 945-1000
Listed By:
Levi Judqin · License #REB.0792029
(203) 724-7127
Added: Mar 12
Changed: Jul 26
Last Checked: Jul 30 at 7:06AM
MLS# 24158816
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 at 48 Taylor Street in Waterbury, Connecticut, this two-family property presents an opportunity for investors. Each unit features a functional layout with separate living spaces, suitable for rental income or multi-generational living. The property, situated on a 0.1-acre lot, requires repairs and updates, offering the potential to customize and increase value. The building size is 2018 square feet. The property is zoned RM. It is conveniently located near local amenities, shopping, schools, and major routes. The property is being sold as-is and is subject to short sale approval.
Key Highlights
- 2‑family property at 48 Taylor Street in Waterbury, built in 1891
- Each unit has separate living spaces with multiple bedrooms (Bedroom 1–6) across the home
- 1 and 2 bathrooms are included (Bathroom 1 and Bathroom 2)
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 | $35.1k | $17.40 |
| − Vacancy | −$2.6k | −$1.31 |
| EGI | $32.5k | $16.10 |
| − OpEx | −$9.7k | −$4.83 |
| NOI | $22.7k | $11.27 |
2,018 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$324.8K
$284.2K – $378.9K
NOI $22,736 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$292.6K
$256.0K – $341.4K
NOI $20,482 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$535.5K
$468.6K – $624.8K
NOI $37,486 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-family property in Waterbury, Connecticut, ideal for investors.
Where is this duplex located?
The property is located at 48 Taylor Street 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: 2‑family property at 48 Taylor Street in Waterbury, built in 1891; Each unit has separate living spaces with multiple bedrooms (Bedroom 1–6) across the home; 1 and 2 bathrooms are included (Bathroom 1 and Bathroom 2)
