Renovated Multi-Family
849 Frost Road Waterbury, CT 06705
849 Frost Road, Waterbury, CT, 06705
$574,995
For Sale
$574,995
Completely renovated multi-family property with new finishes and systems.
Property Size1,668 SF
Price / SF$344.72
Days on Market54
Property Features for 849 Frost Road
General Information
- Standard status
- Active
- Size
- 1,668 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1890
Listing Agency
eRealty Advisors, Inc.
(203) 572-6180
Listed by
Omar Ruizesparza
(203) 572-6180
Source
Lockandkeyre
Added: May 25 Checked: Jul 15 at 1:47 pm
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 eRealty Advisors, Inc.
Investment Insights
Based on property information with market context.
This renovated multi-family property located at 849 Frost Rd, Waterbury, features updated living spaces with new finishes. The property includes 5 bedrooms and 3 bathrooms. Major systems, mechanicals, interior finishes, kitchens, bathrooms, flooring, and lighting have been recently renovated. It is suitable for either an owner-occupant or an investor. The property is conveniently located near shopping, restaurants, highways, schools, and parks.
Key Highlights
- Completely renovated with new systems, mechanicals, finishes, kitchens, bathrooms, flooring, and lighting.
- Turnkey, move‑in‑ready condition requiring no additional work.
- Multi‑family property suitable for owner‑occupancy or investment.
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 | $29.0k | $17.40 |
| − Vacancy | −$2.2k | −$1.31 |
| EGI | $26.8k | $16.10 |
| − OpEx | −$8.1k | −$4.83 |
| NOI | $18.8k | $11.27 |
1,668 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.5K
$234.9K – $313.2K
NOI $18,793 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$241.8K
$211.6K – $282.2K
NOI $16,929 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$442.6K
$387.3K – $516.4K
NOI $30,985 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Completely renovated multi-family property with new finishes and systems.
Where is this duplex located?
The property is located at 849 Frost Road Waterbury, CT.
What is the asking price?
The asking price for this property is $574,995.
What are key features of this property?
This property features: Completely renovated with new systems, mechanicals, finishes, kitchens, bathrooms, flooring, and lighting.; Turnkey, move‑in‑ready condition requiring no additional work.; Multi‑family property suitable for owner‑occupancy or investment.
