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About This Home

This 6-bedroom, 4-bathroom residential multi family at 57 Ridgewood Street in Waterbury, CT is listed for $320,000 ($104 per sqft). Built in 1900, the home offers 3,075 sqft of living space on a 0.07 acres lot.

Agent Description

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 Features

  • Built in 1900
  • 0.07 acre lot

Property Details

4 full
1900

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93

Estimates only. Actual payments may vary.

Location

57 Ridgewood Street

Waterbury, CT 06710

Property Details

Heating

Hot Water(Heating)

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 57 Ridgewood Street is listed at $320,000 ($104/sqft). The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.07 acre lot.

This property is listed by Steven Koleno and can be reached at 8046565007 or contact@beycome.com.

SK

Steven Koleno

Agent at Beycome of Connecticut

(804) 656-5007

Listed by Beycome of Connecticut · View on Broker Site

MLS# 24185300· Source: listhub· Updated 7 days ago

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57 Ridgewood Street, Waterbury, CT 06710

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