$1,200,000

28 Hill Street, Waterbury, CT 06704

  • 7 baths |
  • 6,525 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $184/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

28 Hill St, Waterbury is a turn-key 7-unit multifamily investment property ideally located in the heart of Waterbury, perfect for investors or 1031 Buyers looking to secure a cash flowing asset. This property generates $111,600 in annual gross income and offers a strong rental history with six occupied units and one ready for a new tenant unit ready for immediate lease-up, allowing for quick stabilization. Fully renovated in 2025, the property features modern unit finishes, updated mechanical systems, and low-maintenance utilities, providing long-term durability and reduced operating expenses. An excellent opportunity for investors seeking a stable, cash-flowing asset in a high-demand rental market. Conveniently located near shopping, public transportation, and major highways, ensuring easy access for tenants and consistent occupancy history.

Listing Status:
Active
Date Added:
October 17, 2025 at 03:37PM
Listing Office:
Berkshire Hathaway NE Prop. : (860) 633-3674
Listing Agent:
Shy Grahame : (860) 617-1740
MLS ID:
24134131
  • A/C: Window Unit
  • Heating: Hot WaterNatural Gas
  • Roofing: Asphalt Shingle
  • Road/Access: Municipal Street
  • County: New Haven
  • Zoning: RM1378463
  • Utilities: Gas Available
  • Water: Public Water Connected
  • Sewer: Public Sewer In Street

This listing courtesy of Shy Grahame, Berkshire Hathaway NE Prop.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jonathan Reed Elementary School

33 Griggs St, Waterbury, CT, 06704

Grades KG-8

0.32 miles away

J

Jonathan Reed Elementary School

33 Griggs St, Waterbury, CT, 06704

Grades KG-8

0.32 miles away

W

Waterbury Arts Magnet School (High)

16 S Elm St, Waterbury, CT, 06706

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.