Two-Family Residential Income Property

917 Cooke Street Waterbury, CT 06704

Claim this Listing
For Sale
$379,999

Well-maintained two-family home with two 2-bedroom units, off-street parking, and a detached two-car garage.

Type:2 Family
Property size:
2,340 SF
Price / SF:
$162/SF
Added:
Jun 24, 2026
Days on Market:
18
Last Refresh:
Jul 7 at 2:24 am

Property Features for 917 Cooke Street

General Information

Standard status
Active
Size
2,340 SF
Property subtype
2 Family

Building Details

Year Built
1929

Listing office Dave Jones Realty, LLC

Listing date Jun 24, 2026

Source Lockandkeyre

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 Dave Jones Realty, LLC


Investment Insights

Based on property information with market context.

This well-maintained two-family home offers two separate units, with each featuring 2 bedrooms and 1 full bathroom. The layout provides functional living space with spacious rooms and abundant natural light. The property has been exceptionally maintained over the years and is in solid condition throughout, totaling approximately 2,340 square feet of living area. Additional improvements include a detached 2-car garage and off-street parking.

Located in Waterbury’s Fulton Park neighborhood, the home is positioned for everyday convenience, with proximity to schools, shopping, restaurants, parks, and major highways. This mix of nearby amenities and transportation access can support a wide range of residential needs for both tenants and owner-occupants.

The property can work well for buyers seeking an owner-occupant setup with rental income, as well as investors looking for a straightforward two-unit configuration. With consistent unit features across both floors and parking included, it offers an easy-to-manage option for those interested in a durable, long-held asset ready for new ownership.

Key Highlights

  • Well‑maintained two‑family home built in 1929 in Waterbury’s Fulton Park neighborhood
  • Two 2‑bedroom units, each with 1 full bathroom and a functional layout with spacious rooms
  • Approximately 2,340 SF total living space with abundant natural light

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 $40.7k $17.40
− Vacancy −$3.1k −$1.31
EGI $37.7k $16.10
− OpEx −$11.3k −$4.83
NOI $26.4k $11.27
2,340 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$376.6K
$329.6K – $439.4K (±1% cap)
NOI $26,364 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$339.3K
$296.9K – $395.8K (±1% cap)
NOI $23,750 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$621.0K
$543.4K – $724.5K (±1% cap)
NOI $43,468 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Accounting Firm Computer & Electronic Repair Electrical Service Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family home with two 2-bedroom units, off-street parking, and a detached two-car garage.
Where is this duplex located?
The property is located at 917 Cooke Street Waterbury, CT.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: Well‑maintained two‑family home built in 1929 in Waterbury’s Fulton Park neighborhood; Two 2‑bedroom units, each with 1 full bathroom and a functional layout with spacious rooms; Approximately 2,340 SF total living space with abundant natural light
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