Excellent opportunity to acquire a well maintained four family investment property in Waterbury's desirable Town Plot neighborhood.


Property

Website:https://www.nestseekers.com/5671259
Address:
455 Congress
Waterbury, CT 06708
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 7 BR
Bathrooms: 4
Area: 3862 sq ft

Financials

Price:$550,000
Annual Taxes:$9,184

Description

Excellent opportunity to acquire a well-maintained four-family investment property in Waterbury's desirable Town Plot neighborhood. This income-producing asset features an attractive unit mix of three spacious two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, offering broad tenant appeal and stable occupancy potential. The property currently generates $4,380 per month ($52,560 annually) in rental income, providing immediate cash flow with additional upside through future rent growth. Each apartment offers functional layouts with generous living space, while the building sits on a sizable lot with off-street parking and a detached garage. Built in 1921, the property contains approximately 3,862 square feet of living area and has been a solid long-term investment. Conveniently located near shopping, schools, public transportation, major highways, and downtown Waterbury, the location continues to attract both tenants and investors. Whether you're expanding your investment portfolio or seeking an owner-occupied property with substantial rental income, 455 Congress Avenue offers strong income potential in one of Waterbury's most active multifamily markets.

Amenities

  • Elementary School - Per Board of Ed
  • High School - John F. Kennedy
  • Intermediate School - Per Board of Ed
  • Patio
  • Porch

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Robert Ghent of Ghent Realty Advisors