Excellent investment opportunity to acquire 13 units across two multifamily properties being offered as a package - 66 & 74 Holmes Avenue in Waterbury. This offering provides a strong combination of updated units, existing cash flow, ample off-street parking, and additional value-add potential. The properties are situated on a nice corner lot with good visibility and convenient access. 66 Holmes Avenue consists of 8 units with a desirable mix of four 3-bedroom units, two 2-bedroom units, one 1-bedroom unit, and one studio. The property has undergone extensive improvements, including completely remodeled units and replacement windows. The property offers a strong unit mix with excellent income potential. 74 Holmes Avenue consists of 5 units including one 2-bedroom, three 1-bedroom units, and one studio. Improvements include a roof approximately 2 years old, replacement windows, vinyl siding, and mostly updated units. Some renovation remains, providing an investor with the opportunity to complete improvements, increase rents, and further enhance overall property performance. A diversified unit mix, substantial improvements already completed, ample off-street parking, a desirable corner lot, and significant upside potential. An attractive opportunity for an investor looking to add scale and value to a Waterbury multifamily portfolio. Properties are being offered together as a package. Seller financing may be available for qualified buyers, subject to acceptable terms.
| MLS # | 24212166 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 21 |
| Listing Provided By | Oxford Realty | Amanda Faroni-Sheehan |
| Bath(s) | 11 Total |
|---|---|
| SQ Feet | 10,122 |
| Story(s) | 3 |
| Units | 13 |
| Zoning | RO |
| Acreage | 0.15 |
| Total Rooms | 0 |
|---|---|
| Cooling System | Window Unit |
| Roof Information | Asphalt Shingle |
|---|---|
| Flooring | Tile, Vinyl, Wood |
| Garage & Parking | Paved, Off Street Parking |
|---|---|
| Parking Total Spaces | 13 |
| Utilities Available | Electric, Gas, Phone Available, Cable Available |
|---|---|
| Sewage System | Public Sewer Connected |
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 16113 |
| State | CT |
|---|---|
| County | New Haven |
| City | Waterbury |
| Zip Code | 06710 |
| Area | Hillside |
| Listing VS Median (in 06710) | |
Price: $1,450,000 low | high Med: $2,250 sqft: 10,122 low | high Med: 3,592 $ / sqft: $143 low | high Med: $1 On site: 21 low | high Med: 41 | |
| State | CT |
|---|---|
| County | New Haven |
| City | Waterbury |
| Zip Code | 06710 |
| Area | Hillside |
| Listing VS Median (in 06710) | |
Price: $1,450,000 low | high Med: $2,250 sqft: 10,122 low | high Med: 3,592 $ / sqft: $143 low | high Med: $1 On site: 21 low | high Med: 41 | |