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Brick Duplex with Private Yards
For Sale
$475,000
Pending

66 Goff St, Waterbury, CT 06704

Two residences offer separate utilities, off-street parking, and individual outdoor areas.

Property Size2,225 SF
Days on Market47

Property Features for 66 Goff St

General Information

Standard status Pending
Size 2,225 SF
Property subtype Multi Family

Site & Location

Neighborhood Bucks Hill

Additional Details

Multifamily Units 2

Amenities

off-street parking
private rear porch
yard
shared breezeway
in-unit laundry

Building Details

Building Size 2,225 SF
Year Built 1957
Buildings 1
Listing Agency: Oxford Realty
Listed By: Amanda R. Faroni-Sheehan · License #REB.0793328
Source: Elliman
Added: Sep 7 Changed: Oct 11 Last Checked: Oct 20 at 10:09PM

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 Oxford Realty

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Investment Insights

Based on property information with market context.

This well-maintained duplex at 66 Goff St includes two separate residences with private basements and access to a shared breezeway connecting the front and rear yards. The larger unit measures approximately 1,200 SF and includes two bedrooms, a full bath, living room, remodeled eat-in kitchen, dining area, and a partially finished full walk-out basement with kitchenette, bathroom, fireplace, laundry area, and storage or workstation space. The second residence contains approximately 1,025 SF with an in-unit laundry room, pantry, dishwasher, stainless steel appliances, and its own basement area.

Both units have off-street parking, separate utilities, tankless hot water, oil-fired forced hot-air heat, and wall or window AC units. Additional improvements include double-pane windows installed in 2012, storm doors, fire-rated doors, updated electrical, and gutter guards with a transferable warranty. The property is in Waterbury's 06704 area, with a 63 walk score, 31 transit score, and 28 bike score.

Key Highlights

  • Two‑unit duplex with approximately 1,200 SF and 1,025 SF residences
  • Partially finished full walk‑out basement in the larger unit with kitchenette and full bathroom
  • Both units feature separate utilities, tankless hot water, and oil‑fired forced hot‑air heat

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,068
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,360 $501.4K
Cap Rate 7%
$358,114 $358.1K
Cap Rate 9%
$278,533 $278.5K
Market Conditions
NOI Build-Up for 2,225 SF
Gross rent
$38.7K $17.40/SF
− Vacancy
−$2.9K −$1.31/SF
EGI
$35.8K $16.10/SF
− OpEx
−$10.7K −$4.83/SF
NOI
$25.1K $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%
$501,360
Cap Rate 7%
$358,114
Cap Rate 9%
$278,533

Alternative Uses

Best Use
Multifamily LT 5
$358.1K
$313.4K – $417.8K (±1% cap)
NOI $25,068 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$322.6K
$282.3K – $376.4K (±1% cap)
NOI $22,583 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$590.5K
$516.7K – $688.9K (±1% cap)
NOI $41,332 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

276
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer separate utilities, off-street parking, and individual outdoor areas.
Where is this duplex located?
The property is located at 66 Goff St Waterbury, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 1,200 SF and 1,025 SF residences; Partially finished full walk‑out basement in the larger unit with kitchenette and full bathroom; Both units feature separate utilities, tankless hot water, and oil‑fired forced hot‑air heat
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