multifamily
455 Congress Avenue
Waterbury, Connecticut 6708
Price
$550,000
Price/SF
$142.41/SF
Building Size
3,862 SF
Lot Size
0.23 acres
Year Built
1921
Units
4
Property 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.
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Additional Details
Zoning
RM
MLS Number
24195977
Property ID
86517fb5-b47a-4b56-a1ba-1b9aefcae1c9
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MLS Information
MLS#: 24195977
Listed by: Ghent Realty Advisors
Agent: Robert Ghent • (203) 543-2847 • ghentrealty@gmail.com
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.