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.
For sale
$490,000
121-123 Sumac Street, Waterbury, CT 06704
8beds
2,108sqft
Est.:
Multi Family
Built in 1989
-- sqft lot
$-- Zestimate®
$232/sqft
$-- HOA
What's special
- 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#: 24086627

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
Video & virtual tour
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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