VALUE-ADD OPPORTUNITY IN PRIME ASYLUM HILL LOCATION! Bring new life to these classic brick buildings-5 solid multifamily structures plus a vacant lot with gated, shared parking in the rear. Rarely does a portfolio of this scale and potential hit the market. Situated on a unified campus, this offering features a diverse unit mix ranging from studios to spacious 3-bedroom townhomes, many of which include 2 full bathrooms. Approximately 25-30 units have already been renovated with modern finishes, while the remaining units present significant upside for investors looking to add value. Additional highlights include laundry rooms in each building, an on-site office, updated electrical with subpanels in every unit, and numerous newer boilers and hot water heaters. Whether you're looking to reposition for long-term cash flow or a new value add project, this is a rare chance to acquire a substantial footprint in a rapidly developing urban market. Savvy investors-don't miss out!
Listing Courtesy of SMART MLS / Century 21 Allpoints Realty / Lisa Cozzi
$450,000 (USD)
N/A Area Multi-Family Home
Active
75 Woodward Avenue Waterbury, CT 06705
9 Bed
3 Baths
3824 sqft
MLS# 24149322
Welcome to 75 Woodward - a solid multifamily investment opportunity offering strong in-place income with upside potential. This well-maintained property features three spacious 3-bedroom, 1-bath units, all fully occupied with separate, tenant-paid utilities, keeping operating expenses low. Each unit offers oversized layouts, making them highly desirable for long-term tenants. Recent improvements include newer furnaces (2021,2023,2014) and windows, adding efficiency and long-term value. The property also offers off-street parking plus a 2-car garage, a major amenity for tenants. With current rents below market, there is clear upside potential through rent increases, making this an excellent opportunity for both seasoned investors and those looking to grow their portfolio.
Listing Courtesy of SMART MLS / Century 21 Allpoints Realty / Molly Sullivan
$350,000 (USD)
N/A Area Multi-Family Home
Active
16 Highland Avenue Waterbury, CT 06708
4 Bed
2 Baths
1440 sqft
MLS# 24149312
Welcome to 16 Highland Street, Waterbury - a solid two-family investment opportunity located on a quiet, secluded hill in the desirable Town Plot area. This well-maintained property features (2) spacious 2-bedroom / 1-bath units -- 1 unit is recently vacated and has updated flooring and brand new paint. Seller is actively renting this unit. 2nd Floor unit is occupied by a tenant paying below market rent. Each unit offers generously sized bedrooms, a functional layout, and newer flooring and windows throughout. The first & second floor units features an ample front porch, while the second-floor unit enjoys its own private rear porch, perfect for added tenant appeal. The property also includes a shared backyard, ideal for outdoor enjoyment, along with laundry hookups for added convenience. With large unit layouts, there is potential to reconfigure and add an additional bedroom, increasing future rental income. Located minutes from downtown Waterbury, major highways, shopping, and amenities, this property offers strong rental demand and long-term upside.
Listing Courtesy of SMART MLS / Century 21 Allpoints Realty / Molly Sullivan
$300,000 (USD)
N/A Area Multi-Family Home
Active
48 Silver Street Waterbury, CT 06705
5 Bed
2 Baths
1912 sqft
MLS# 24149306
Welcome to 48 Silver Street - Fully occupied cash-flowing (9.5% ACTUAL CAP!!) two-family property tucked away on a quiet cul-de-sac, offering strong investment appeal with low operating expenses. This property features two spacious 2-bedroom, 1-bath units, ideal for both owner-occupants and investors. Each unit offers separate, tenant-paid utilities, helping keep expenses low and cash flow strong. Recent improvements include newer vinyl flooring, updated kitchen cabinetry, and newer hot water heaters, adding value and minimizing near-term capital expenditures. This property offers Off Street parking for two vehicles & convenient 2nd Flr laundry hookups. Steps away from Walking Trail!
Listing Courtesy of SMART MLS / Century 21 Allpoints Realty / Molly Sullivan
$1,900 / mo (USD)
N/A Area Rental Home
Active
62 Quaker Lane South West Hartford, CT 06119
3 Bed
1 Baths
4394 sqft
MLS# 24127068
Walk to everything in West Hartford Center and Blue Back Square! Beautiful 3 bed/1 bath 3rd floor unit! Gleaming wood floors and fresh paint. Updated eat-in kitchen with island, large living room and spacious bedrooms all with ample natural light. Off street parking and laundry in the basement. Tenant is responsible for their own utilities (heat, hot water, electric). Minimum 700 credit score required.
Listing Courtesy of SMART MLS / Century 21 Allpoints Realty / Molly Sullivan