28 Hill Street
Waterbury, Connecticut

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 Courtesy of Berkshire Hathaway NE Prop.