Hill St
96 Hill Street, Waterbury, CT 06704
$795,000
Price
10 Spaces
Parking
8%
Current Cap Rate
$132,500
Proforma Cap Rate
6
Number of Units
83%
Occupancy
Investment Highlights
Completely Turnkey Asset – Extensive interior renovations, modern finishes, a newer roof (approx. 4 years old), and minimal deferred maintenance provide a low-maintenance investment from day one.
Apartments have been renovated throughout with new kitchens, durable laminate flooring, updated appliances and fixtures. The roof is approximately 4 years old.
Strong Unit Mix & Income Stability – Six residential units consisting of (2) 3-bedroom and (4) 2-bedroom apartments offer broad tenant appeal and consistent long-term rental demand.
Operational Efficiency – Keyless entry with remote owner access, on-site laundry for additional revenue, and ample off-street parking enhance both management efficiency and tenant satisfaction.
Portfolio Expansion Opportunity – Available individually or as part of a larger multifamily portfolio, providing investors with the flexibility to scale their holdings.
Location Highlight
Conveniently located with easy access to Downtown Waterbury, shopping, restaurants, public transportation, Route 8, and I-84. A top-notch investment opportunity for buyers seeking a truly turnkey asset with quality renovations, strong long-term income potential, and virtually no improvement needs.
Offering Memorandum
Amanda Sheehan
Broker, Managing Partner
(203) 314-4219
Amanda@oxfordrealtyco.com
REB.0793328
Location & Neighborhood
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