Brick Two-Family
590 North Walnut Street Waterbury, CT 06704
590 North Walnut Street, Waterbury, CT, 06704
$364,900
For Sale
$364,900
Well-maintained brick two-family with a finished basement, half bath, and tandem two-car garage.
Property Size1,980 SF
Price / SF$184.29
Days on Market78
Property Features for 590 North Walnut Street
General Information
- Standard status
- Active
- Size
- 1,980 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1948
Listing agency
Coldwell Banker Realty 2000
(347) 653-1925
Listed by
Noris Jimenez
(347) 653-1925
Source
Lockandkeyre
Added: May 6 Updated: Jul 21 at 5:23AM Checked: Jul 21 at 5:23AM
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 Coldwell Banker Realty 2000
Investment Insights
Based on property information with market context.
This well-maintained brick two-family home offers generous living space with a layout that functions like a single-family residence. The main unit features a bright, updated kitchen with stainless steel appliances and quartz surfaces, along with three bedrooms and a full bathroom. Additional interior space includes a finished basement with a convenient half bath.
A tandem two-car garage provides everyday convenience plus extra storage. The second-floor unit offers a private one-bedroom apartment with an open floor plan and a full bathroom/laundry area.
Located at 590 North Walnut Street in Waterbury, CT, the property presents two separate living units within a single brick building and is listed for sale at $364,900. The total property size is 1,980 square feet.
A tandem two-car garage provides everyday convenience plus extra storage. The second-floor unit offers a private one-bedroom apartment with an open floor plan and a full bathroom/laundry area.
Located at 590 North Walnut Street in Waterbury, CT, the property presents two separate living units within a single brick building and is listed for sale at $364,900. The total property size is 1,980 square feet.
Key Highlights
- Brick two‑family home built in 1948 with a layout that can be used like a single‑family residence
- Main unit features an updated kitchen with SS appliances and quartz, plus 3 bedrooms and a full bathroom
- Finished basement adds extra living space and includes a convenient half bath
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 | $34.5k | $17.40 |
| − Vacancy | −$2.6k | −$1.31 |
| EGI | $31.9k | $16.10 |
| − OpEx | −$9.6k | −$4.83 |
| NOI | $22.3k | $11.27 |
1,980 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$318.7K
$278.9K – $371.8K
NOI $22,308 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$287.1K
$251.2K – $334.9K
NOI $20,096 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$525.4K
$459.8K – $613.0K
NOI $36,780 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained brick two-family with a finished basement, half bath, and tandem two-car garage.
Where is this duplex located?
The property is located at 590 North Walnut Street Waterbury, CT.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Brick two‑family home built in 1948 with a layout that can be used like a single‑family residence; Main unit features an updated kitchen with SS appliances and quartz, plus 3 bedrooms and a full bathroom; Finished basement adds extra living space and includes a convenient half bath
