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Property Description

This exceptional 4-unit property offers the perfect combination of immediate rental income potential and long-term value appreciation, all in a neighborhood poised for exciting redevelopment. The first-floor unit is a spacious 3-bed, 2-bath with a large living room, kitchen, & generously sized bedrooms. On the second floor, Unit 2F features a comfortable 2-bedroom, 1-bath layout. At the same time, Unit 2R offers a flexible 1-bed, 1-bath design with a dining area that can easily be converted into a second bedroom, maximizing its rental potential. The third-floor unit shines with a 3-bed, 1-bath, a large living room, an eat-in kitchen, and a newly installed air handler for modern efficiency and comfort. Current rents under Market value- market rents in the area range from $1,200-$1,500 for 1-bedroom units, $1,400-$1,800 for 2-bedroom units, and $1,800-$2,400 for 3-bedroom units, providing a strong foundation for steady cash flow. The property has been meticulously maintained, with significant updates completed just 6 years ago, including new siding, roof, & a rear deck that adds both durability and curb appeal. Its oversized, driveway-like frontage offers privacy and ample parking for tenants and guests, while the detached garage provides bonus storage or workshop space, enhancing tenant satisfaction. Located on a quiet city street that is part of an area undergoing transformative redevelopment. *Open house rescheduled till 11/30 12-2pm.*

Address Map
US
CT
New Haven
Waterbury
06710
Grove
6
0
E0° 0' 0''
N0° 0' 0''
Features
: Ceiling fans
: Hot air
: Full
: Asphalt shingle
: Off street parking, Paved, Driveway, None
MLS Addon
: Not applicable
GPS
: Public water connected
5
Per Board of Ed
$0
0
: Natural gas
Mustafa Muaremi
RREL01
Regency Real Estate, LLC
: Library, Park, Medical facilities, Walk to bus lines, Basketball court
: No/resale
12
1379410
: Public sewer connected
July 2024-June 2025
0
4
0
0
Units on different Floors,4updown - Unit(s) per Fl
CBD

Listing courtesy of Mustafa Muaremi from Regency Real Estate, LLC

Multi-family For Sale For Sale

6 Grove, Waterbury, Connecticut 06710

9 Bedrooms
5 Bathrooms
3,454 Sqft
$450,000
Listing ID #24060882
Basic Details
Property Type : Multi-family For Sale
Listing ID : 24060882
Price : $450,000
Bedrooms : 9
Baths Total : 5
Bathrooms : 5
Half Bathrooms : 0
Square Footage : 3,454 Sqft
Year Built : 1874
Lot Area : 0.10 Acre
Status : Active
Property Sub Type : 4 Family
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