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57 Ridgewood Street

Waterbury, Connecticut 06710

PENDING$320,000
Beds
6
Baths
4
SqFt
3,075
Acres
0.07
Year Built
1900
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Fully Renovated, Turnkey 2-Family Income Producer with Massive Value-Add Attic Potential Attention investors! Skip the headache of renovations and deferred maintenance with this fully redone, high-cash-flow two-family property. Boasting over 3,000 square feet of pristine living space, this asset has been completely updated to give a maximum rental velocity and effortless property management. Peace of mind comes standard with brand-new mechanical furnaces and new water heaters dedicated to each unit, keeping tenant utility costs completely separate and maintenance costs practically zero. The lower unit features a spacious 3-bedroom, 1-bathroom layout, while the upper unit features an expansive 3-bedroom, 1-bathroom floor plan-both beautifully updated and ready for top-market rents. The Real Value-Add Opportunity: The massive walk-in attic already features bedrooms built in place, offering a prime, clear path to convert this property into a lucrative 3-family building (subject to local zoning approval). Complete with low-maintenance vinyl siding, off-street parking, a full basement for additional storage, and a highly accessible location just minutes from downtown Waterbury, public transit, and major highways. This is a rare, rock-solid asset optimized for immediate, premium yield and future appreciation.

Key Facts

City/Town
Waterbury
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1900
Days on Market
39 days
Beds
6
Baths
4 full
Living Area
3,075 sq ft
Lot Size
0.07 acres
Property Taxes
$2,780 / Annually

Market Snapshot

The Waterbury Market

Multi-Family · trailing 12 months

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

$320,000

vs $444,450 median

28.0% below median

Price / Sq Ft

$104

vs $158 median

34.2% below median

Days on Market

39 days

vs 48 days median

9 days fresher 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

57 Ridgewood Street, Waterbury, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,971

per month

  • Principal & Interest$1,632
  • Property Taxes$232
  • Insurance$107
  • 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
1900
New Construction
No/Resale
Living Area
3,075 sq ft

Schools

Elementary
Driggs
High
John F. Kennedy

Interior

Heating
Hot Water
Heat Fuel
No Fuel
Cooling
None
Basement
Partial

Exterior & Lot

Lot Size
0.07 acres
Zoning
RM
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Other
Foundation
None
Lot Description
Sloping Lot

Listing & Financials

Property Taxes
$2,780 / Annually
Days on Market
39
MLS #
24185300
MLS Status
Under Contract

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Steven Koleno

Beycome of Connecticut

(804) 656-5007

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 7:50 AM UTC.