57 Ridgewood Street
Waterbury, Connecticut 06710
- Beds
- 6
- Baths
- 4
- SqFt
- 3,075
- Acres
- 0.07
- Year Built
- 1900
- Property Type
- 2 Family

Matt Caiola
Luxury Real Estate Advisor
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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
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
$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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
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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 7:50 AM UTC.