TURN KEY ASSET with CASH FLOW! Perfect investment opportunity in this fully occupied three-family w/big unit mix. The property consists of (2) 3 bed units + (1) 2 bed unit. The units have been renovated over the years (one in 2023) and feature hardwood floors, EIK and washer/dryer hookups. This home also has newer vinyl siding (2019), new roof on the garage and porches (2018) and replacement hot water tanks (ranging from 1 mo, 1 yr & 5 yrs old). The utilities are tenant paid = gas heat and hot water. Owner pays water/sewer. There is a private driveway with ample off-street parking and a detached two-car garage for additional income or storage + small yard in back. Looking for a turn key, low maintenance investment w/9% ROI & big value add = this is it!
Sold for $320,000 on 06/06/23
$320,000
167 Chestnut Avenue, Waterbury, CT 06710
8beds
3,753sqft
Multi Family
Built in 1905
-- sqft lot
$428,100 Zestimate®
$85/sqft
$1,708 Estimated rent
Home value
$428,100
$398,000 - $458,000
$1,708/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 06, 2023 at 04:04pm
Listed by:
Amanda R. Faroni-Sheehan 203-314-4219,
Vanguard Private Client Grp 203-887-2553
Bought with:
Dwayne K. Jones Jr, REB.0795233
The Bella Group, LLC
Source: Smart MLS,MLS#: 170566775
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Unit
Features
- Basement: Full,Unfinished
- Attic: Crawl Space
Interior area
- Total structure area: 3,753
- Total interior livable area: 3,753 sqft
- Finished area above ground: 3,753
Property
Parking
- Total spaces: 2
- Parking features: Detached, Unassigned, Off Street, Private, Paved
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters, Lighting, Sidewalk
Lot
- Size: 5,662 sqft
- Features: Level
Details
- Parcel number: 1376537
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Masonry, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Basketball Court, Near Public Transport, Medical Facilities, Park, Playground, Public Rec Facilities
Location
- Region: Waterbury
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2023 | Sold | $320,000+10.4%$85/sqft |
Source:  Smart MLS #170566775 | ||
| 5/2/2023 | Contingent | $289,900$77/sqft |
Source: Smart MLS #170566775 | ||
| 5/1/2023 | Listed for sale | $289,900+241.1%$77/sqft |
Source: Smart MLS #170566775 | ||
| 8/26/2016 | Sold | $85,000-14.9%$23/sqft |
Source: Smart MLS #P10109591 | ||
| 7/15/2016 | Pending sale | $99,900$27/sqft |
Source: Vision Real Estate #P10109591 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,849 -9% | $107,800 |
| 2024 | $5,330 -8.8% | $107,800 |
| 2023 | $5,842 +112.9% | $107,800 +136.6% |
Find assessor info on the county website
Neighborhood: Willow Plaza
Nearby schools
GreatSchools rating
- 3/10Driggs SchoolGrades: PK-5Distance: 0.4 mi
- 3/10North End Middle SchoolGrades: 6-8Distance: 3 mi
- 1/10Wilby High SchoolGrades: 9-12Distance: 3.1 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$428,100
2% more+ $8,562
With Zillow Showcase(estimated)
$436,662