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7-Unit Mixed-Use Property
New
For Sale
$725,000

5 Hill, Waterbury, CT 06704

Six three-bedroom apartments and a commercial storefront share the property, with a separate 12-car lot across the street.

Property Size1,909 SF
Price / SF$74.87
Days on Market5

Property Features for 5 Hill

General Information

Standard status Active
Size 1,909 SF
Total Parking Spaces 12
Property subtype 5 Family+
Lease Term Listing ID: 24212720, Standard Status: Active, MLS Status: Active, Property Subtype: 5 Family+

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 6 x 3BR
Multifamily Units 6

Additional Details

Cap Rate 10%

Building Details

Building Size 1,909 SF
Year Built 1909
Tenancy Multi
Listing Agency: Sky Realty Group
Listed By: Vianeliz Henriquez · License #RES.0809716
Source: Iverty
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 9 at 7:32PM

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 Sky Realty Group

Investment Insights

Based on property information with market context.

This 1909 mixed-use property contains seven units: six three-bedroom apartments and one commercial storefront. Several apartments have updated kitchens and bathrooms, with vinyl plank and hardwood flooring. Additional improvements and maintained mechanical systems are also noted. Utilities are separately metered and paid by tenants.

A 12-car parking lot across the street is included. The property is near Downtown Waterbury, St. Mary's Hospital, shopping, grocery stores, public transportation, and major highways.

Key Highlights

  • Seven units: six three‑bedroom apartments and one commercial storefront
  • 12‑car parking lot across the street is included
  • Several apartments feature updated kitchens and bathrooms

Property Analytics

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Current Use

Hernandez Grocery Grocery & Convenience Store Coqui's Grocery & Deli Grocery & Convenience Store JC Mini Market Department Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Garden Center Catering Service Electrical Service

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

6
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

Demographics for 06704, CT

27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six three-bedroom apartments and a commercial storefront share the property, with a separate 12-car lot across the street.
Where is this mixed-use property located?
The property is located at 5 Hill Waterbury, CT.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Seven units: six three‑bedroom apartments and one commercial storefront; 12‑car parking lot across the street is included; Several apartments feature updated kitchens and bathrooms
More about this property
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