355 Frost Road
Waterbury, Connecticut 06705
- Beds
- 5
- Baths
- 3
- SqFt
- 2,215
- Acres
- 0.34
- Year Built
- 1919
- Neighborhood
- Fair Lawn
- Property Type
- 3 Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
Rarely available 3-family in Waterbury's desirable East End, Fairlawn neighborhood! Ideal for buyers seeking the benefits of homeownership with supplemental rental income, this property offers a versatile three-unit layout in a sought-after residential location. The first and second floors each feature spacious 2-bedroom, 1-bath apartments with eat-in kitchens and living rooms, while the third floor offers a 1-bedroom apartment with an eat-in kitchen and living room. All utilities are separate and tenant-paid, with gas heat and hot water servicing the first and second floors and electric heat and hot water on the third floor. A detached 2-car garage with electricity, private driveway and ample rear off-street parking add to the property's appeal. A unique opportunity to secure a multifamily property in one of Waterbury's more desirable areas while benefiting from multiple income streams! Can be purchased individually or together with other multifamily properties in Waterbury.
Key Facts
- City/Town
- Waterbury
- Neighborhood
- Fair Lawn
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1919
- Days on Market
- 0 days
- Beds
- 5
- Baths
- 3 full
- Living Area
- 2,215 sq ft
- Lot Size
- 0.34 acres
- Garage / Parking
- 2 garage · 10 total
- Property Taxes
- $7,727 / Annually
Market Snapshot
The Waterbury Market
Multi-Family · trailing 12 months
Active Listings
73
31 under contract
Median List Price
$469,900
73 active listings
Median Closed Price
$419,950
192 sales
Median Days on Market
28
73 active listings
Median $ / Sq Ft
$168
73 active listings
Sale-to-List Ratio
100.0%
192 sales
How this home compares
List Price
$469,900
vs $469,900 median
In line with median
Price / Sq Ft
$212
vs $168 median
26.2% above median
Days on Market
0 days
vs 28 days median
28 days fresher than median
Based on 73 active and 192 closed sales (trailing 12 mo) of multi-family in Waterbury. Source: SmartMLS · As of October 26, 2026.
Location
355 Frost Road, Waterbury, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 22, 2026per month
- Principal & Interest$2,582
- Property Taxes$644
- Insurance$157
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Waterbury
- Neighborhood
- Fair Lawn
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- Units on different Floors
- Year Built
- 1919
- New Construction
- No/Resale
- Living Area
- 2,215 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Baseboard
- Heat Fuel
- ElectricNatural Gas
- Cooling
- Window Unit
- Laundry
- Washer/Dryer Some Units
- Basement
- PartialUnfinished
Exterior & Lot
- Lot Size
- 0.34 acres
- Zoning
- RL
- Garage / Parking
- 2 garage spaces10 total parking spacesDetached GarageOff Street ParkingDrivewayPrivateUnpaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Aluminum
- Color
- white
- Roof
- Asphalt Shingle
- Foundation
- MasonryStone
- Exterior Features
- SidewalkPorchGuttersLighting
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $7,727 / Annually
- Days on Market
- 0
- MLS #
- 24217036
- 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 10/26/2026. 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 10/26/2026 at 11:05 PM UTC.