81 Draher Street

Waterbury, CT 06708

$649,900
Price
8
Beds
3
Baths
3,367 Sq. Ft.
$193 / Sq. Ft.
3,367
Sq. Ft.
$193
per Sq. Ft.

Description

81 Draher is a well-maintained 3-unit property, which was originally converted from 4 units, presenting a fantastic opportunity for investors seeking to add a cash-flowing property with significant upside potential to their portfolio. Owner-occupants may also find this property appealing because of its strong cash flow and excellent condition. With the possibility of being converted back into 4 units and currently offered at an impressive 8.8 percent Cap, this opportunity is not one to be missed!81 Draher is a well-maintained 3-unit property, which was originally converted from 4 units, presenting a fantastic opportunity for investors seeking to add a cash-flowing property with significant upside potential to their portfolio. Owner-occupants may also find this property appealing because of its strong cash flow and excellent condition. With the possibility of being converted back into 4 units and currently offered at an impressive 8.8 percent Cap, this opportunity is not one to be missed!
  1. Listed by Zachary Burnett • Sky Realty Group
    P: (860)-305-7782 C: (860)-305-7782 zack.jburnett@gmail.com

Property Details for 81 Draher Street

Basement Description
Full, Unfinished
Direct Waterfront
No
Neighborhood
Brooklyn Center
Style
Units on different Floors, 3updown - Unit(s) per Floor
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 01/02/2025 03:59 PM

Property Details for 81 Draher Street

StatusActive
MLS #24065557
Days on Market7
Taxes$7,364 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1900
Lot Size0.14 AC / 6,098 SF
CountyNew Haven County

Building Information for 81 Draher Street

Stories-Residences3Year Built1900Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 81 Draher Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.547382
  • Longitude: -73.050739
  • Neighborhood Amenities: Medical Facilities, Shopping/Mall
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $7,364
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Walk-up
  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer All Units
  • Laundry Room Location: Outside of Unit
  • Rooms Total: 19
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Aluminum, Wood
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3367
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1386305
  • Sq Ft Est Heated Above Grade: 3367.0
  • Sq Ft Total: 3367.0
  • Zoning: RM
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 20407
  • Gross Annual Income: 77440
  • Net Operating Income: $57,033
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 19
Unit 1
  • Listing Key: 2A2F3B7BB0F01BC1E0631401100A5B4B
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 01-02-2025
  • Unit Monthly Rent: $2,683
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 7
  • Unit Occupied By: Tenant
Unit 2
  • Listing Key: 2A2F3B7BB0F01BC1E0631401100A5B4B
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 01-02-2025
  • Unit Monthly Rent: $2,055
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 3
  • Listing Key: 2A2F3B7BB0F01BC1E0631401100A5B4B
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 01-02-2025
  • Unit Monthly Rent: $1,650
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant

Property History for 81 Draher Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 81 Draher Street

Taxable ValueLand$15,400Additions$178,990Total$194,390
Tax Record2023$9,611 ($801 / month)
Home Facts
Baths4Total Finished SqFt3,367 SqFtAbove Grade Finished SqFt3,367 SqFtUnfinished Basement SqFt962 SqFtStories4Lot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1965ZoningRMCountyNEW HAVENAPNWBRY M:0342 B:0677 L:0087

Schools near 81 Draher Street

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

John F. Kennedy High School
Public9 to 12

Barnard School
PublicK to 5

Brooklyn Elementary School
PublicK 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.

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81 Draher Street is a multi-family home for sale in Waterbury, CT 06708. This property was listed for sale on December 30, 2024 by Sky Realty Group, it's currently listed at $649,900. It has been on the market for a total of 7 days and was last sold on July 24, 2014. This listing's school district is Waterbury School District. Nearby schools include Duggan School, John F. Kennedy High School and Barnard School. 81 Draher Street is a 8-bed, 3-bath, 3,367 sqft multi-family home built in 1900.

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.