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23 Plaza Ave

$450,000

23 Plaza Avenue, Waterbury, CT 06710

Active
Last Updated: 08/24/2026

6.76

Cap Rate

3,245 sqft

Building Size

Details:
Cap Rate:    6.76%
Building Size:    3,245 sqft
Lot Area:    0.1 acres
Units:    3
Occupancy:    100%
Year Built:    1900
Zoning:    RM
Floors:    3
Roof:    Asphalt
Heating:    Warm Air
Cooling:    None
Description:

Conveniently located in Willow Plaza Neighborhood, just minutes from Downtown Waterbury, Waterbury Hospital, shopping, restaurants, public transportation, and major highways.


Excellent opportunity for investors. Three-family property features 3- 3-bed, 1-bath units. New Roof installed in 2021. All utilities are separately metered and tenant-paid, including heat (gas), hot water, and electricity, helping to minimize owner expenses and maximize income potential. With strong rental demand for larger apartment units in the area, this property offers excellent cash flow potential and the opportunity to generate attractive long-term returns. On-street parking. A great opportunity to add a well-positioned multifamily asset to your portfolio

Map:
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