227 Hillside Avenue, Waterbury, CT 06710
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227 Hillside Avenue, Waterbury, CT 06710
227 Hillside Avenue, Waterbury, CT 06710
227 Hillside Avenue, Waterbury, CT 06710
227 Hillside Avenue, Waterbury, CT 06710
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227 Hillside Avenue Waterbury, CT 06710

12 Beds

6 Baths

4,800 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $156

MLS Listing ID 24191017

Style Units on different Floors,Units are Side-by-Side

Bedrooms 12

Full Baths 6

Year Built 1920

Annual Tax Amount $10,243

Lot Size 3,049 Sqft

Property Sub-Type 5 Family+

Property Description

Not your average multifamily! This fully renovated 6-unit investment property has been extensively upgraded with quality improvements rarely found in comparable assets. The building is 100% occupied, offering immediate cash flow, and consists of (6) spacious 2-bed, 1-bath apartments, each approx.. 800 SF. Current rents are below market, providing an excellent value-add opportunity through future rent adjustments. Each apartment has been nicely updated with white cabinetry, durable laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless entry systems with remote owner access. Major mechanical improvements include high-efficiency combi boilers, backup boilers and tankless water heaters for added reliability, plus a smart water meter with automatic leak detection and shutoff to help minimize maintenance concerns. Additional building enhancements include roof approx. 4yrs old, basement sprinkler systems, LED motion-sensor lighting throughout the common areas, security system, and a fire/emergency alarm system with a direct connection to the Fire Department. A coin/card-operated laundry room provides an additional source of income. Conveniently located with easy access to shopping, restaurants, public transportation, Downtown Waterbury, Route 8, and I-84. An exceptional turnkey investment offering strong in-place income, minimal deferred maintenance, and long-term upside. Can be purchased with multiple other buildings.

Location

State CT

County New Haven

Zoning RM

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Hot Air, Hot Water

Cooling Window Unit

Exterior

Exterior Feature Sidewalk, Porch, Gutters, Lighting

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Level Lot

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed


Listed by Amanda Faroni-Sheehan • Oxford Realty

NEARBY SCHOOLS & PROPERTIES

 

227 Hillside Avenue

Thomas Goss
Thomas Goss

Agent | License ID: 35912

+1(401) 640-6894 | thomas@thegossteam.com

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