23 Beacon Street
Waterbury, Connecticut 06704
- Beds
- 6
- Baths
- 3
- SqFt
- 2,795
- Acres
- 0.14
- Year Built
- 1903
- 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! Income-producing 3-family property where the heavy-lifting has been done for you by current ownership. Positive cash-flow. All 3 floors are spacious two-bedroom units. 7-8% CAP proforma + strong upside potential. Tenant-paid utilities, very low owner expenses. One floor leased at determined market value; one floor has been freshly renovated and just listed for rent; one floor has tenant lease-end and vacancy scheduled for month's end. $4200-4800/month proforma rent roll. (Seller willing to work with any leasing preferences prior to closing.) Off-street parking available. Rare opportunity to acquire alongside the neighboring multifamily property for a larger investment portfolio. A compelling opportunity for investors looking to build or expand their multifamily portfolio.
Key Facts
- City/Town
- Waterbury
- Neighborhood
- Bunker Hill
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1903
- Days on Market
- 137 days
- Beds
- 6
- Baths
- 3 full
- Living Area
- 2,795 sq ft
- Lot Size
- 0.14 acres
- Property Taxes
- $4,128 / 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
$499,000
vs $444,450 median
12.3% above median
Price / Sq Ft
$179
vs $158 median
13.3% above 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
23 Beacon Street, Waterbury, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,544
- Property Taxes$344
- Insurance$166
- 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
- 1903
- New Construction
- No/Resale
- Living Area
- 2,795 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Baseboard
- Heat Fuel
- Natural Gas
- Cooling
- Window Unit
- Basement
- Crawl Space
Exterior & Lot
- Lot Size
- 0.14 acres
- Zoning
- RM
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- MasonryStone
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $4,128 / Annually
- Days on Market
- 137
- MLS #
- 24155841
- MLS Status
- Active
Similar Properties
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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 6:55 AM UTC.