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Remodeled Duplex with Off-Street Parking
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89 Elmwood Ave, Waterbury, CT 06710

Updated two-unit property with separately metered tenant-paid heating and residential income characteristics.

Property SizeContact for details
Days on Market142

Property Features for 89 Elmwood Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Cap Rate 10%
Multifamily Units 2
Listing Agency: OXFORD REALTY
Listed By: Amanda Faroni-Sheehan · License #REB.0793328 CT
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:28PM

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.

This duplex at 89 Elmwood Ave includes two updated residential units with distinct layouts and heating systems. Unit 89 offers five bedrooms and two bathrooms, uses gas heat, and has a new boiler. Unit 93 includes three bedrooms and uses oil heat. Heating costs are tenant paid for both units.

Property improvements include vinyl siding, mostly replacement windows, updated electrical, and remodeled interiors. Off-street parking is also provided. The property has a reported 10% cap rate and offers a two-unit configuration for a residential income portfolio.

Key Highlights

  • Two‑unit duplex with remodeled interiors and updated electrical
  • Unit 89 includes 5 bedrooms, 2 bathrooms, gas heat, and a new boiler
  • Unit 93 is a 3‑bedroom unit with oil heat

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Acupuncture Skin Care Clinic Carpet & Flooring Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

907
Businesses Nearby

Demographics for 06710, CT

11,056
Population
4,515
Households
2.4
Avg Household Size
32
Median Age
15%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
11,056
Density / Sq Mi
$42,774
Median Household Income
$33,880
Median Earnings
$1,135
Median Rent
$219,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit property with separately metered tenant-paid heating and residential income characteristics.
Where is this duplex located?
The property is located at 89 Elmwood Ave Waterbury, CT.
What are key features of this property?
This property features: Two‑unit duplex with remodeled interiors and updated electrical; Unit 89 includes 5 bedrooms, 2 bathrooms, gas heat, and a new boiler; Unit 93 is a 3‑bedroom unit with oil heat
(203) 314-4219 Call to check price and availability
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