34 Plaza Avenue

Waterbury, CT 06710

$439,900
Price
8
Beds
3
Baths
3,207 Sq. Ft.
$137 / Sq. Ft.
3,207
Sq. Ft.
$137
per Sq. Ft.

Description

34 Plaza Ave presents a wonderful investment opportunity for both investors and owner-occupants. This fully occupied, well-maintained 3-unit building has spacious, high-demand apartments with significant rental upside potential. The property features two 3-bedroom units on the first and second floors, along with a 2-bedroom unit on the third floor. Each apartment is generously sized, with extra rooms that can be used for home offices, storage, or additional living space. With separate, tenant-paid...34 Plaza Ave presents a wonderful investment opportunity for both investors and owner-occupants. This fully occupied, well-maintained 3-unit building has spacious, high-demand apartments with significant rental upside potential. The property features two 3-bedroom units on the first and second floors, along with a 2-bedroom unit on the third floor. Each apartment is generously sized, with extra rooms that can be used for home offices, storage, or additional living space. With separate, tenant-paid utilities, the building ensures low management overhead and better cost control for the owner. The property benefits from low taxes and operating expenses, further enhancing its appeal as an investment. Currently generating solid rental income, the property still has room for rent increases, providing excellent potential for future appreciation and higher returns. With an 8 percent CAP, this building is a prime opportunity for investors looking for strong returns. It is also ideal for owner-occupants who wish to live in one of the units while earning income from the others. This rare opportunity combines great cash flow, occupancy, and low expenses-making it an ideal purchase for any real estate portfolio. Don't miss out-schedule a walk-through today!
  1. Listed by Zachary Burnett • Sky Realty Group
    P: (860)-305-7782 C: (860)-305-7782 zack.jburnett@gmail.com

Property Details for 34 Plaza Avenue

Basement Description
Full, Unfinished
Direct Waterfront
No
Neighborhood
N/A
Style
3updown - Unit(s) per Floor
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 12/31/2024 07:25 PM

Property Details for 34 Plaza Avenue

StatusActive
MLS #24065561
Days on Market8
Taxes$2,211 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1908
Lot Size0.09 AC / 3,920 SF
CountyNew Haven County

Building Information for 34 Plaza Avenue

Stories-Residences3Year Built1908Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 34 Plaza Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.566523
  • Longitude: -73.050016
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $2,211
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 17
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Wood
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1908
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3207
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1375144
  • Sq Ft Est Heated Above Grade: 3207.0
  • Sq Ft Total: 3207.0
  • Zoning: RM
Utilities
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 11094
  • Gross Annual Income: 46330
  • Net Operating Income: $35,236
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 17
Unit 1
  • Listing Key: 2A2FD29E3DB7D99AE0631401100AE60D
  • Unit Average Sq Ft: 700
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 12-31-2024
  • Unit Monthly Rent: $1,189
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
Unit 2
  • Listing Key: 2A2FD29E3DB7D99AE0631401100AE60D
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 12-31-2024
  • Unit Monthly Rent: $1,325
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
Unit 3
  • Listing Key: 2A2FD29E3DB7D99AE0631401100AE60D
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 12-31-2024
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6

Property History for 34 Plaza Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 34 Plaza Avenue

Taxable ValueLand$6,790Additions$57,960Total$64,750
Tax Record2023$3,201 ($267 / month)
Home Facts
Baths3Total Finished SqFt3,207 SqFtAbove Grade Finished SqFt3,207 SqFtUnfinished Basement SqFt1,278 SqFtStories3Lot Size3,920 SqFtStyleTriplexYear Built1908Year Renovated1945ZoningRMCountyNEW HAVENAPNWBRY M:0197 B:0689 L:0007

Schools near 34 Plaza Avenue

This home is within Waterbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Driggs School
PublicPK to 5

North End Middle School
Public6 to 8

Wilby High School
Public9 to 12

Bunker Hill Bdlc
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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34 Plaza Avenue is a multi-family home for sale in Waterbury, CT 06710. This property was listed for sale on December 30, 2024 by Sky Realty Group, it's currently listed at $439,900. It has been on the market for a total of 8 days and was last sold on June 28, 2013. This listing's school district is Waterbury School District. Nearby schools include Driggs School, North End Middle School and Wilby High School. 34 Plaza Avenue is a 8-bed, 3-bath, 3,207 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Sky Realty Group, Zachary Burnett

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.