About 28 Hill Street
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.
Features of 28 Hill Street
| MLS® # | 24134132 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 20 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 6,525 |
| Acres | 0.10 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | 3sides - Units Are Side-by-Side, 3updown - Unit(s) per Floor |
| Status | Active |
Community Information
| Address | 28 Hill Street |
|---|---|
| Area | N/A |
| City | Waterbury |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06704 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas |
|---|---|
| Cooling | Window Unit |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partial |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete, Masonry |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | October 17th, 2025 |
|---|---|
| Zoning | RM |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway NE Prop. |
|---|