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For sale
  • $490,000

    121-123 Sumac Street, Waterbury, CT 06704

    8beds
    2,108sqft
    : 
    Multi Family
    Built in 1989
    -- sqft lot
    $-- Zestimate®
    $232/sqft
    $-- HOA

    What's special

    SOLID INVESTMENT. FLEXIBLE LAYOUT. CASH FLOW FROM DAY ONE. This extended side-by-side two-family home offers the kind of versatility and reliable rental income that investors seek but rarely find. Built in 1989 and set at the end of a quiet dead-end street, this well-maintained property is being sold fully occupied, with photos shown from prior to tenant move-in. Each mirror-image duplex offers 3 bedrooms, 1.5 baths, an eat-in kitchen, a spacious living room, private laundry, ample storage, and its own back deck. Outside, there's abundant off-street parking and nearly a quarter acre of green space behind the house-an inviting shared yard that tenants will appreciate. A standout feature for savvy buyers: each unit includes a separate lower-level space with its own walk-out access, wet bar, full bath, and two flexible-use rooms. These additional areas offer tremendous versatility for extended living, work-from-home needs, or long-stay guests-enhancing long-term rental appeal. Conveniently located near I-84, shopping, schools, and parks, this is a turn-key investment with strong cash flow and upside. For well-qualified investors, seller will consider offering owner financing-making this an even more compelling opportunity.
    46 days
    on Zillow
    |
    724
    |
    39
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 05, 2025 at 11:04am

    Listed by:

    Michael A. Tarallo,

    Giner Real Estate,

    Jo Ray,

    Giner Real Estate

    Source: Smart MLS,MLS#: 24086627MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 121-123 Sumac Street.

    Next available tour time:Wednesday at 3:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Water Heater
    • Laundry: In Unit
    Features
    • Basement: Partial,Storage Space,Interior Entry,Concrete
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 2,108
    • Total interior livable area: 2,108 sqft
    • Finished area above ground: 2,108

    Property

    Parking
    • Total spaces: 8
    • Parking features: None, Off Street, Unpaved
    Features
    • Patio & porch: Deck
    • Exterior features: Rain Gutters
    Lot
    • Size: 0.34 Acres
    • Features: Sloped
    Details
    • Parcel number: 1380240
    • Zoning: RL

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: North End
    HOA
    • Has HOA: No
    Location
    • Region: Waterbury

    Financial & listing details

    • Price per square foot: $232/sqft
    • Tax assessed value: $164,920
    • Annual tax amount: $6,261
    • Date on market: 5/1/2025
    • Exclusions: Property is being sold as-is with existing tenants in place.
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