Renovated Two-Family with Attic
75 Walnut Street Waterbury, CT 06704
75 Walnut Street, Waterbury, CT, 06704
$399,900
For Sale
$399,900
Renovated 2-family home with an expanded 3rd-floor attic level and refreshed upper unit finishes.
Property Size3,210 SF
Price / SF$124.58
Days on Market77
Property Features for 75 Walnut Street
General Information
- Standard status
- Active
- Size
- 3,210 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1893
Listing agency
Oxford Realty
(203) 314-4219
Listed by
Amanda Faroni-Sheehan
(203) 314-4219
Source
Lockandkeyre
Added: May 6 Updated: Jul 21 at 12:15AM Checked: Jul 21 at 3:23AM
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 Oxford Realty
Investment Insights
Based on property information with market context.
Renovated two-family property with a third-floor attic expansion that adds flexible living space. The second and third floors are combined into a spacious upper-level unit with modern finishes, a refreshed kitchen, two full baths, newer flooring, and fresh paint throughout. The property also includes separate, tenant-paid electric utilities for electric H&HW.
Conveniently located in Waterbury, the home is described as being near shopping, restaurants, schools, public transportation, and major highways.
With functional layouts, separate living areas, and updated interior finishes, the configuration supports both owner-occupant use and rental flexibility.
Conveniently located in Waterbury, the home is described as being near shopping, restaurants, schools, public transportation, and major highways.
With functional layouts, separate living areas, and updated interior finishes, the configuration supports both owner-occupant use and rental flexibility.
Key Highlights
- Renovated 2‑family property built in 1893 with expanded 3rd‑floor attic level
- 2nd and 3rd floors combined into a spacious upper‑level unit with modern finishes
- Upper unit features a refreshed kitchen, 2 full baths, newer flooring, and fresh paint
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 | $55.9k | $17.40 |
| − Vacancy | −$4.2k | −$1.31 |
| EGI | $51.7k | $16.10 |
| − OpEx | −$15.5k | −$4.83 |
| NOI | $36.2k | $11.27 |
3,210 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$516.6K
$452.1K – $602.8K
NOI $36,165 @ 7.0% cap · market cap 9.04%
Second Best
Apartment 5plus
$465.4K
$407.3K – $543.0K
NOI $32,580 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$851.8K
$745.4K – $993.8K
NOI $59,629 @ 7.0% cap · market cap 14.91%
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 - Renovated 2-family home with an expanded 3rd-floor attic level and refreshed upper unit finishes.
Where is this duplex located?
The property is located at 75 Walnut Street Waterbury, CT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Renovated 2‑family property built in 1893 with expanded 3rd‑floor attic level; 2nd and 3rd floors combined into a spacious upper‑level unit with modern finishes; Upper unit features a refreshed kitchen, 2 full baths, newer flooring, and fresh paint
