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10-Unit Multifamily Condo Portfolio
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975 Meriden Rd, Waterbury, CT 06705

Updated interiors and association-managed operations support a streamlined multifamily ownership structure.

Property SizeContact for details
Days on Market142

Property Features for 975 Meriden Rd

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 10
Listing Agency: Group Realty
Listed By: Zach Pranger · License #RES.0824481
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 4:17PM

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 Group Realty

Investment Insights

Based on property information with market context.

This multifamily condo portfolio includes 10 residential units within the Chelsea Square condominium complex, with a mix of 2-bedroom and 1-bedroom layouts. Interior updates are in place across the offering, providing a refreshed foundation for continued residential occupancy.

The property is located at 975 Meriden Rd in Waterbury, Connecticut, along a retail corridor characterized in the source information as having substantial vehicle and pedestrian activity. The condominium association handles management for the broader complex, reducing the day-to-day landlord responsibilities associated with common property operations.

Key Highlights

  • 10‑unit condo portfolio with 2‑bedroom and 1‑bedroom layouts
  • Updated interiors across the residential offering
  • Condominium association manages the broader complex

Property Analytics

Current Use

975 Chelsea Square ... Condominium Complex

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office HVAC Service Cafe & Coffee Shop Pharmacy

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 06705, CT

27,197
Population
12,222
Households
2.2
Avg Household Size
38
Median Age
18%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
4,857
Density / Sq Mi
$53,169
Median Household Income
$41,327
Median Earnings
$1,165
Median Rent
$177,700
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?
Multifamily property - Updated interiors and association-managed operations support a streamlined multifamily ownership structure.
Where is this multifamily property located?
The property is located at 975 Meriden Rd Waterbury, CT.
What are key features of this property?
This property features: 10‑unit condo portfolio with 2‑bedroom and 1‑bedroom layouts; Updated interiors across the residential offering; Condominium association manages the broader complex
(203) 575-9970 Call to check price and availability
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