27 Beacon Street
Waterbury, Connecticut 06704
Reduced from $429,000
- Beds
- 6
- Baths
- 3
- SqFt
- 2,588
- Acres
- 0.14
- Year Built
- 1888
- Neighborhood
- Bunker Hill
- Property Type
- 3 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Attention investors and owner-occupants! On a platter for you...renovated 3-family opportunity. One floor leased at market rate, and the other two floors with renovations now complete (March 2026) and ready to list. DOUBLE DIGIT ROI + 8% CAP. Immediately achieve market rents. Separate utilities provide efficient management and strong rental fundamentals. Bank appraised sister property (next door, same structure) at $490,000 in December 2025...built-in equity play. Can share with prospective buyers. Note: owner is selling property on its own, but rare portfolio opportunity if interested: acquire three buildings totaling nine units in close proximity. Two buildings are stabilized with renovated units, while the third is a value-add triplex ready for renovation, offering significant upside and the potential to increase overall portfolio income. All separate utilities. Ideal for investors looking to scale quickly with a concentrated multifamily portfolio.
Key Facts
- City/Town
- Waterbury
- Neighborhood
- Bunker Hill
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1888
- Days on Market
- 137 days
- Beds
- 6
- Baths
- 3 full
- Living Area
- 2,588 sq ft
- Lot Size
- 0.14 acres
- Property Taxes
- $3,860 / Annually
Market Snapshot
The Waterbury Market
Multi-Family · trailing 12 months
Active Listings
50
42 under contract
Median List Price
$444,450
50 active listings
Median Closed Price
$412,500
197 sales
Median Days on Market
48
50 active listings
Median $ / Sq Ft
$158
50 active listings
Sale-to-List Ratio
100.0%
197 sales
How this home compares
List Price
$374,000
vs $444,450 median
15.9% below median
Price / Sq Ft
$145
vs $158 median
8.2% below median
Days on Market
137 days
vs 48 days median
89 days longer than median
Based on 50 active and 197 closed sales (trailing 12 mo) of multi-family in Waterbury. Source: SmartMLS · As of July 28, 2026.
Location
27 Beacon Street, Waterbury, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,907
- Property Taxes$322
- Insurance$125
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Waterbury
- Neighborhood
- Bunker Hill
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- Units on different Floors
- Year Built
- 1888
- New Construction
- No/Resale
- Living Area
- 2,588 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Baseboard
- Heat Fuel
- Electric
- Cooling
- Window Unit
- Basement
- FullUnfinished
Exterior & Lot
- Lot Size
- 0.14 acres
- Zoning
- RM
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Aluminum
- Color
- Blue
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $3,860 / Annually
- Days on Market
- 137
- MLS #
- 24155846
- MLS Status
- Under Contract - Continue to Show
Similar Properties
Homes with a close match in area, property type, and price.
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 6:15 AM UTC.