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Property Description
Calling all investors! Don’t miss this well-maintained 5-unit investment property offering a strong 9% CAP rate (at full occupancy). This turnkey, cash-flowing asset features a nicely updated exterior with vinyl siding, replacement windows, a 2-year-old roof, new front porches, and sits prominently on a corner lot. The unit mix includes (1) studio and (1) one-bedroom on the first floor, (2) one-bedroom units on the second floor, and (1) two-bedroom unit on the third floor, providing the potential for good rental income potential. Interior highlights include hardwood floors and updated kitchens and baths in select units. The utilities are separate and tenant-paid, minimizing owner expenses. Mainly on-street parking. Conveniently located on the corner of Grove and Holmes, directly across from Hayden Park, and within walking distance to the Waterbury Green, YMCA, downtown, shopping, and highway access-this property offers the ideal blend of low maintenance and strong returns.
Features
Heating System:
Baseboard, Gas On Gas
Cooling System:
Window Unit
Basement:
Full, Unfinished
Foundation Type:
Masonry, Stone
Heat Fuel Type:
Natural Gas
Exterior Features:
Porch, Gutters, Lighting, Sidewalk
Exterior Siding:
Vinyl Siding
Fireplaces Total:
0
Parking Total Spaces:
0
Hot Water Description:
Electric, Natural Gas, Tank Size Unknown
Lot Description:
Level Lot, Corner Lot
Water Source:
Public Water Connected
Address Map
Street:
Holmes
Street Number:
74
Floor Number:
0
Longitude:
W74° 57′ 20.9”
Latitude:
N41° 33′ 34”
MLS Addon
Office Name:
Oxford Realty
Agent Name:
Amanda Faroni-Sheehan
List Agent MLSID:
FARONIAM
List Office MLSID:
13737
Tax Year:
July 2025-June 2026
Directions:
Corner of Holmes & Grove.
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
1379592
Property Tax:
$4,405
Zoning:
RO

Multi-family For Sale

74 Holmes, Waterbury, 06710

5 Bedrooms
5 Bathrooms
3,067 Sqft
$525,000
Listing ID #24139376
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24139376
Price :
$525,000
Bedrooms :
5
Baths Total :
5
Bathrooms :
5
Half Bathrooms :
0
Square Footage :
3,067 Sqft
Year Built :
1888
Lot Area :
0.18 Acre
City:
Waterbury
Zipcode:
06710
Property Sub Type :
5 Family+
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…