27 Beacon
Waterbury, CT 06704

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 3
Area: 2588 sq ft

Financials

Price:$429,000
Annual Taxes:$4,417
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Melanie Scull of William Pitt Sotheby's Int'l

Attention investors and owner occupants !

Description

Attention investors and owner-occupants! On a platter for you...renovated 3-family opportunity. One floor leased at market rate, and the other two floors with renovations now complete (March 2026) and ready to list. DOUBLE DIGIT ROI + 8% CAP. Immediately achieve market rents. Separate utilities provide efficient management and strong rental fundamentals. Bank appraised sister property (next door, same structure) at $490,000 in December 2025...built-in equity play. Can share with prospective buyers. Note: owner is selling property on its own, but rare portfolio opportunity if interested: acquire three buildings totaling nine units in close proximity. Two buildings are stabilized with renovated units, while the third is a value-add triplex ready for renovation, offering significant upside and the potential to increase overall portfolio income. All separate utilities. Ideal for investors looking to scale quickly with a concentrated multifamily portfolio.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Thermopane Windows
  • Window Unit

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