$700,000
SOLD AUG 8, 2025
16 Beds
6 Baths
4,026 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

4% Below List Price

16 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • Level Lot

About This Home

As of August 2025

Ideal Investment Property located in Waterbury's downtown district that has been family owned since the 1980's. This immaculately maintained, legal rooming house is a one of a kind cash cow. Each room comes fully furnished with a bed, refrigerator, microwave, dresser, mounted TV, and all fixtures. There are 6 full baths and 3 half baths, some of which are shared and some are private. All utilities are included. Roof was redone in 2009, vinyl siding, direct vent boiler and high efficiency windows in 2020. State of the art camera system also included. Abutting property part of the West Grove Street redevelopment project, which will consist of 46 newly constructed townhouses. Currently housing 16 tenants all on mandatory 6 month leases! OWNER FINANCING AVAILABLE, 50% down payment. Owner willing to stay on and manage during transition up to one year.

Last Agent to Sell the Property

Tom Dorso

Mapleridge Realty License #REB.0792861 Listed on: 03/29/2025

Last Buyer's Agent

Thomas Simjian

Keller Williams Coastal License #RES.0799138

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,086

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,026 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 1379473

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,086

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Downtown
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 4026
  • Total Sq Ft: 4026
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: Rooming House
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 16
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.07
  • Lot Description: Level Lot
  • Zoning: RM
  • Parcel #: 1379473

Multi Family

  • Total Number Of Units: 16

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 11086

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2025
Closed on
Aug 8, 2025
Sold by
Salvador Management Llc
Bought by
Waterbury Boarding Llc
Seller's Agent
Tom Dorso
Mapleridge Realty
Buyer's Agent
Thomas Simjian
Keller Williams Coastal
List Price
$729,900
Sold Price
$700,000
Premium/Discount to List
-$29,900
-4.1%
Views
24
Current Estimated Value
$701,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,750
Avg. Annual Appreciation
0.66%
Original Mortgage
$525,000
Outstanding Balance
$521,874
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,876

Purchase Details

Closed on
Feb 29, 2024
Sold by
Salvador Ft and Salvador
Bought by
Salvador Management Llc

Purchase Details

Closed on
Mar 2, 1987
Sold by
Lanosa Marion
Bought by
Salvador Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $59,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 Purchase Money Mortgage
Previous Owner $59,900 Commercial
Previous Owner $70,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $700,000 -4.1% $174 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/29/2025 03/29/25 For Sale $729,900 -- $181 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,086 $246,470 $71,190 $175,280
2024 $12,185 $246,470 $71,190 $175,280
2023 $13,356 $246,470 $71,190 $175,280
2022 $7,356 $122,170 $10,170 $112,000
2021 $7,356 $122,170 $10,170 $112,000
2020 $7,356 $122,170 $10,170 $112,000
2019 $7,356 $122,170 $10,170 $112,000
2018 $7,356 $122,170 $10,170 $112,000
2017 $6,259 $103,950 $10,170 $93,780
2016 $6,259 $103,950 $10,170 $93,780
2015 $6,052 $103,950 $10,170 $93,780
2014 $6,052 $103,950 $10,170 $93,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24084324

SmartMLS

APN: WATE-000253-000058-000021