48 Temple Street
Waterbury, Connecticut 06706
- Beds
- 5
- Baths
- 3
- SqFt
- 3,003
- Acres
- 0.17
- Year Built
- 1927
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Opportunity knocks! This legal 2-family property with 3-family potential offers strong income potential with additional value-add possibilities. The third floor presents the opportunity to create a third apartment unit (subject to approvals) or expand the second-floor apartment into a spacious two-level residence. While the property does require some deferred maintenance, the upside is undeniable for investors, owner-occupants, or renovators looking to build equity. A large detached garage provides additional storage or rental potential but will require repairs. Note: the second and third floors currently share an electrical meter, and the third floor is heated by electric heat. Bring your vision and unlock the full potential of this versatile multi-family property!
Key Facts
- City/Town
- Waterbury
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1927
- Days on Market
- 47 days
- Beds
- 5
- Baths
- 3 full
- Living Area
- 3,003 sq ft
- Lot Size
- 0.17 acres
- Garage / Parking
- 3 garage
- Property Taxes
- $8,136 / 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
$329,900
vs $444,450 median
25.8% below median
Price / Sq Ft
$110
vs $158 median
30.4% below median
Days on Market
47 days
vs 48 days median
In line with 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
48 Temple Street, Waterbury, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,682
- Property Taxes$678
- Insurance$110
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Waterbury
- Neighborhood
- N/A
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1927
- New Construction
- No/Resale
- Living Area
- 3,003 sq ft
Schools
- Elementary
- Hopeville
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- ElectricNatural Gas
- Cooling
- None
- Laundry
- Hook-Up In Unit 1Hook-Up In Unit 2
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.17 acres
- Zoning
- RL
- Garage / Parking
- 3 garage spacesDetached Garage
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $8,136 / Annually
- Days on Market
- 47
- MLS #
- 24183201
- MLS Status
- Under Contract
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.