134 Chestnut Avenue, Waterbury, CT 06710

• 20 beds |
• 6 baths |
• 7,320 sqft

Property Description

Multifamily investments with this level of renovation rarely come to market. This fully updated 6-unit property consists of (2) 4-bed units and (4) 3-bed units with roughly 1,200-1,220 SF each, 100% occupied on M to M leases, providing immediate cash flow with rents significantly under market for future upside. Extensively upgraded in the last couple of years, the property features remodeled apartments, new gas meters + lines, high-efficiency combi boilers, a smart water meter with automatic leak detection and shutoff, backup boilers, and tankless water heaters. The roof is approx. 7 yrs old, further minimizing capital expenditures. Additional improvements include electronic access to all apartments and basements, sprinkler systems in the basements, LED motion-sensor lighting in common areas, a comprehensive security system, a fire/emergency alarm system with direct connection to the Fire Department, and a coin/card-operated laundry room for additional income. Apartment interiors feature new cabinets, laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless remote-access entry. A true turnkey investment featuring extensive capital improvements, minimal deferred maintenance, and good unit mix. Ideally situated in Waterbury's Willow Plaza/North End neighborhood, just minutes from Downtown, shopping, dining, public transportation, and convenient access to Route 8 and I-84. Can be purchased with multiple other buildings.

Listing Status:

Active

Date Added:

July 12, 2026

Data Last Updated:

August 10, 2026 at 8:52PM

Listing Office:

Oxford Realty : (203) 314-4219

Listing Agent:

Amanda Faroni-Sheehan : (203) 314-4219

MLS ID:

24190921

Interior

• Laundry: Coin Op LaundryCommon Laundry Area
• Basement: FullUnfinished
• A/C: Window Unit
• Heating: Hot WaterNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• General: SidewalkPorchGuttersLighting
• Style: Units on different FloorsUnits are Side-by-Side

Construction

• Roofing: Flat

Location

• County: New Haven

Lot

• Zoning: RM1376566

Utilities

• Water: Public Water Connected
• Sewer: Public Sewer Connected