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USACTWaterburyN/a227 Hillside Ave
Listing image | Image 1

227 Hillside Ave, Waterbury, CT

House

For Rent

Listed price in listed location currency (USD).
$750,000

020

MLS® 24191026

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 4
Lot Size 0.07 Acres
Approx. Age 1920
MLS® Number 24191026

Property Address: 227 Hillside Ave, Waterbury, CT, 06710-1815

Average square foot calculated using Size range provided by listing agent.

Description

Not your average multifamily! This fully renovated 6-unit investment property has been extensively upgraded with quality improvements rarely found in comparable assets. The building is 100% occupied, offering immediate cash flow, and consists of (6) spacious 2-bed, 1-bath apartments, each approx.. 800 SF. Current rents are below market, providing an excellent value-add opportunity through future rent adjustments. Each apartment has been nicely updated with white cabinetry, durable laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless entry systems with remote owner access. Major mechanical improvements include high-efficiency combi boilers, backup boilers and tankless water heaters for added reliability, plus a smart water meter with automatic leak detection and shutoff to help minimize maintenance concerns. Additional building enhancements include roof approx. 4yrs old, basement sprinkler systems, LED motion-sensor lighting throughout the common areas, security system, and a fire/emergency alarm system with a direct connection to the Fire Department. A coin/card-operated laundry room provides an additional source of income. Conveniently located with easy access to shopping, restaurants, public transportation, Downtown Waterbury, Route 8, and I-84. An exceptional turnkey investment offering strong in-place income, minimal deferred maintenance, and long-term upside. Can be purchased with multiple other buildings.
MLS® Number24191026
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
Driveway
Garage Spaces
HeatNatural Gas, Baseboard, Hot Air, Hot Water
A/CWindow Unit

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 13, 2026List Date
$750,000List Price
-End Date
Not Leased YetSold Price

For Rent

Jul 13, 2026List Date
$750,000List Price
  • Commute

Commute

Starting Address
Destination Address
227 Hillside Ave, Waterbury, CT

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