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Piedmont & E Main 2 Multifamily Properties Offered at $4,766,230 CAD in Waterbury, CT

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Investment Highlights

  • Strong in-place income with attractive going-in returns
  • Stabilized condition with meaningful renovations already completed
  • Value-add upside to grow cash-on-cash

Executive Summary

We’re offering a 35-unit, 2-property portfolio at an attractive $100K per door with a strong 8.36% cap rate on in-place performance. Ownership is also open to selling each parcel individually at the same $100K/door basis—flexible structure for buyers.
25–37 Piedmont
A rare multi-building setup featuring three buildings on one parcel with a joint/shared parking lot—an operationally efficient layout with a clear value-add runway and strong long-term upside.
815 E Main
A standout asset in the heart of downtown, featuring a beautiful brick/stone building with curb appeal and location that supports long-term demand.
Return Profile / Underwriting
This is a compelling entry for an investor targeting 11%+ cash-on-cash returns. Our analysis uses a conservative, bank-style underwriting approach—blending ownership’s trailing numbers with standard vacancy/management/R&M assumptions and additional expense padding—so buyers can underwrite with confidence and still see meaningful upside.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $4,766,230 CAD
Price / SF $270.89 CAD / SF
Cap Rate 8.36%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 17,595 SF
Total Land Area 0.47 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Piedmont Gardens
25-37 Piedmont, Waterbury, CT 06706
Multifamily 10,209 SF 1973 -
815 E Main St, Waterbury, CT 06702 Multifamily 7,386 SF 1932 -
Show More > < Show Less
  • Listing ID: 39451031

  • Date on Market: 2026-02-16

  • Last Updated:

  • Address: Piedmont & E Main, Waterbury, CT

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