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    Three-Family Residential Income Building Title is generated by Realmo AI

    61 Idylwood Avenue, Waterbury, CT 06705

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    Claim this Listing
    New
    For Sale
    $450,000

    MULTI_FAMILY - Waterbury, CT

    Property size:
    3,443 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $130/SF
    Added:
    Jun 17, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 18 at 12:06 pm

    Property Features for 61 Idylwood Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 8, Bathroom 4, Basement, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 5
    Patio and Porch features
    Porch
    Exterior features
    Porch
    Basement
    Full, Unfinished
    Standard status
    Active
    Size
    3,443 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    7607

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1914
    Architectural style
    Other

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    Listing Contact
    John Donato Jr

    Listing agent John Donato Jr

    Listing office Showcase Realty, Inc. 216 Davis Street, Oakville, CT

    Listing date Jun 17, 2026

    MLS# 24184551 Listing URL

    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.

    HighLights

    • Large 3‑family home built in 1914
    • Will be fully vacant at closing, ready for new occupancy
    • All utilities are separated with 3 unit panels plus an owner electrical panel
    • 3 separate natural gas boilers and 3 separate natural gas hot water heaters
    • City water and public sewer
    • Total layout includes 9 bedrooms and 4 full baths across the three units

    Overview

    This three-family residential income building will be fully vacant at closing, offering an opportunity to renovate and re-lease. The home has large unit layouts with a total of 9 bedrooms and 4 full bathrooms. Utilities are separated between the units, with the owner’s electrical panel plus three unit panels. Heating and hot water are also independently served, with three separate natural gas boilers and three separate natural gas hot water heaters.

    The property is located at 61 Idylwood Avenue in Waterbury, Connecticut. It sits on a 0.17-acre lot and is served by city water and city sewer. Zoning is listed as RM.

    For buyers or owner-operators, the separated utility and mechanical setups can simplify unit-level management and maintenance planning. With the building delivered vacant, it may appeal to investors and contractors focused on updating interiors and establishing new tenancy. The overall configuration and bedroom/bath count support a range of tenant uses consistent with a multi-family residential property.

    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 $59.9k $17.40
    − Vacancy −$4.5k −$1.31
    EGI $55.4k $16.10
    − OpEx −$16.6k −$4.83
    NOI $38.8k $11.27
    3,443 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $554.2K
    $484.9K – $646.5K (±1% cap)
    NOI $38,791 @ 7.0% cap · market cap 8.62%
    Second Best
    Apartment 5plus
    $499.2K
    $436.8K – $582.4K (±1% cap)
    NOI $34,945 @ 7.0% cap · market cap 7.77%
    Theoretical Best
    Office A
    $913.7K
    $799.5K – $1.07M (±1% cap)
    NOI $63,957 @ 7.0% cap · market cap 14.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.015265
    Latitude
    41.54439

    FAQs

    What type of property is this?
    Triplex - Large three-family property with separated utilities, three heating systems, and room for tenant-ready renovations.
    Where is this triplex located?
    The property is located at 61 Idylwood Avenue Waterbury, CT.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Large 3‑family home built in 1914; Will be fully vacant at closing, ready for new occupancy; All utilities are separated with 3 unit panels plus an owner electrical panel
    More about this property
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