30 Howard St Waterbury, CT 06705
- Commercial real estate
- 5,888 SF
- 0.27 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 30 Howard St
- Year built
- 1989
- Lot size
- 0.27 lot acres
- Property size
- 5,888 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a six-unit townhouse-style multifamily property located at 30 Howard Street in Waterbury, Connecticut. The property encompasses 5,888 square feet and sits on a 0.27-acre lot. Each of the six units features an identical layout, including two bedrooms, one and a half bathrooms, and a private porch offering views of the nearby Brass Mill shopping center. Three units boast attached garage bays, while the remaining three units offer semi-finished basements in lieu of garages. Ample off-street parking is available, exceeding the one-to-one parking ratio typically desired for such a property. All units are equipped with laundry hookups conveniently located in the basement level. This late-century building presents a strong value-add opportunity. Minor cosmetic upgrades are projected to significantly increase rental income, making this a compelling investment for discerning buyers. The property's prime location near the Brass Mill shopping center ensures high occupancy rates and strong rental demand. This is a rare opportunity to acquire a well-maintained, six-unit multifamily property in a desirable Waterbury location with significant upside potential. The property's strong cash flow potential and convenient amenities make it an ideal investment for both seasoned and new investors seeking a stable and profitable addition to their portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.02393
- Latitude
- 41.55308
