8
See all 8 photos
$350,000
Est. payment /mo
4 Beds
2 Baths
1,440 SqFt
New
16 Highland Avenue Waterbury, CT 06708
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $243
MLS Listing ID 24149312
Style Units on different Floors
Bedrooms 4
Full Baths 2
Year Built 1918
Annual Tax Amount $4,213
Lot Size 6,534 Sqft
Property Sub-Type 2 Family
Property Description
Welcome to 16 Highland Street, Waterbury - a solid two-family investment opportunity located on a quiet, secluded hill in the desirable Town Plot area. This well-maintained property features (2) spacious 2-bedroom / 1-bath units, both fully occupied with tenants currently paying below-market rents, offering immediate value-add potential for the next owner. Each unit offers generously sized bedrooms, a functional layout, and newer flooring and windows throughout. The first & second floor units features an ample front porch, while the second-floor unit enjoys its own private rear porch, perfect for added tenant appeal. The property also includes a shared backyard, ideal for outdoor enjoyment, along with laundry hookups for added convenience. With large unit layouts, there is potential to reconfigure and add an additional bedroom, increasing future rental income. Located minutes from downtown Waterbury, major highways, shopping, and amenities, this property offers strong rental demand and long-term upside. Currently Producing Positive Cash Flow!
Location
State CT
County New Haven
Zoning RO
Rooms
Basement None
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Waterfront Description Not Applicable
Roof Type Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Molly Sullivan • Century 21 AllPoints Realty