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25-37 Piedmont Street

Waterbury, CT 06706
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 53 Days
  • MLS #: 24156126
Under Contract
UPDATED: 40 min ago
$2,500,000
  • 33
    BEDS
  • 0.21
    ACRES
  • 25
    BATHS
  • 0
    1/2 BATHS
  • 7,068
    SQFT
  • $354
    $/SQFT
Type:
Multi-Family
Built:
1972
County:
Area:

School Information

Elementary School:
High School:

Description

**OPEN TO PACKAGE DEAL WITH 815 E MAIN** 25-37 Piedmont St is a 25-unit multifamily investment comprised of three buildings on one parcel with a shared parking lot. The property offers a desirable unit mix of studios, 1-bedroom, and 2-bedroom apartments, with many units recently renovated and positioned for continued rent growth. Stabilized performance targets an attractive 8.50% cap rate with an estimated 11.5% cash-on-cash return at entry, making this a compelling income-producing opportunity in a steady rental market. Inquire today for package pricing, financials, and next steps.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-04-20T18:10:10.09.
www.legendsofremax.com/homes/173336504
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25-37 Piedmont Street Waterbury, CT 06706

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 53 Days
  • Updated: 40 min ago
  • MLS #: 24156126
33
Beds
25
Baths
0
½ Baths
0.21
Acres
7,068
SQFT
$354
$/SQFT
1972
Built
County:
New Haven
Area:
Waterbury
Elementary School:
Hopeville
High School:
John F. Kennedy
Property Description
**OPEN TO PACKAGE DEAL WITH 815 E MAIN** 25-37 Piedmont St is a 25-unit multifamily investment comprised of three buildings on one parcel with a shared parking lot. The property offers a desirable unit mix of studios, 1-bedroom, and 2-bedroom apartments, with many units recently renovated and positioned for continued rent growth. Stabilized performance targets an attractive 8.50% cap rate with an estimated 11.5% cash-on-cash return at entry, making this a compelling income-producing opportunity in a steady rental market. Inquire today for package pricing, financials, and next steps.
Exterior Features

Direct Waterfront YN No Driveway Type Private Exterior Siding Brick Garage And Parking Driveway Lot Description Level Lot Parking Total Spaces 20 Roof Information Asphalt ShingleFlat Style Other Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description FullUnfinished Cooling System Window Unit Fireplaces Total 0 Heat Type Hot Water Sq Ft Est Heated Above Grade 7068 Sq Ft Total 7068 Total Rooms 102 Total Rooms Multi Family 102

Property Features

Agent Owner YN No Bank Owned Property No Foundation Type Concrete Gross Annual Expense 138755 Gross Annual Income 351000 Heat Fuel Type Natural Gas Home Owners Assocation No Hot Water Description Natural Gas40 Gallon Tank Net Operating Income 212245 New Construction Type No/Resale Potential Short Sale No Property Sub Type 5 Family+ Sewage System Public Sewer Connected Tax Year July 2025-June 2026 Total Number Of Units 25 Under Agreement Yn No Water Source Public Water Connected Zoning RL

Listing information © 2026 Smart MLS
Listing provided courtesy of Zachary Pinto of Alpha Capital Realty, LLC: .


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-04-20T18:10:10.09.
 
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