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Priced at $1,600,000, this 25-unit multifamily apartment building sits in the city of Waterbury, Connecticut. This asset represents a significant residential holding within the local housing market, offering scale for investors focused on rental income and portfolio growth. The property structure accommodates multiple tenants, positioning it as a functional option for those seeking consistent occupancy in a regional hub. Waterbury remains a notable city within the state, providing a dense suburban environment that supports a steady demand for workforce and market-rate housing. The location offers accessibility to regional transportation corridors and local employment centers, making it a viable area for residential real estate operations. This apartment building serves as a straightforward addition to an investment strategy prioritizing residential density and long-term asset management in this specific Connecticut submarket.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.