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$750,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • Updated 9 hours ago
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Not your average multifamily! This fully renovated 6-unit investment property has been extensively upgraded with quality improvements rarely found in comparable assets. The building is 100% occupied, offering immediate cash flow, and consists of (6) spacious 2-bed, 1-bath apartments, each approx.. 800 SF. Current rents are below market, providing an excellent value-add opportunity through future rent adjustments. Each apartment has been nicely updated with white cabinetry, durable laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless entry systems with remote owner access. Major mechanical improvements include high-efficiency combi boilers, backup boilers and tankless water heaters for added reliability, plus a smart water meter with automatic leak detection and shutoff to help minimize maintenance concerns. Additional building enhancements include roof approx. 4yrs old, basement sprinkler systems, LED motion-sensor lighting throughout the common areas, security system, and a fire/emergency alarm system with a direct connection to the Fire Department. A coin/card-operated laundry room provides an additional source of income. Conveniently located with easy access to shopping, restaurants, public transportation, Downtown Waterbury, Route 8, and I-84. An exceptional turnkey investment offering strong in-place income, minimal deferred maintenance, and long-term upside. Can be purchased with multiple other buildings.

Full Property Details for 227 Hillside Ave

General

  • Price: $750,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24191017
  • Updated: Today (7/13/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 24

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Coin Op Laundry, Common Laundry Area

Exterior

  • Exterior Features: Sidewalk, Porch, Gutters, Lighting
  • Color: white

Location

  • County: New Haven
  • Neighborhood: Hillside
  • Driving Directions: Waterville to Hillside OR Willow to Hillside

School Information

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Community

  • Community Name: Hillside

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Baseboard, Hot Air, Hot Water, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas, Tankless Hotwater

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors, Units are Side-by-Side
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Unfinished
  • Roof: Flat
  • Square Feet: 4,800
  • Above Ground: 4,800 Sq. Ft.
  • Year Built: 1920

Unit Information

Unit 1

  • Square Feet: 800
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 800
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 800
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Square Feet: 800
  • Total Bathrooms: 1
  • Bedrooms: 4

Unit 5

  • Square Feet: 800
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Square Feet: 800
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.07
  • Zoning: RM
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $263,340
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1377989

Listed by Oxford Realty, Amanda Faroni-Sheehan

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Listing agent

— 227 Hillside Ave —

  • Amanda Faroni-Sheehan

    Oxford Realty

Agent Contact: (203) 314-4219 Office Contact: (203) 314-4219

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 227 Hillside Ave

School District:Waterbury School District
NameGradesDistance
Driggs School
77 Woodlawn Terrace, Waterbury, CT 06710
K-50.3 mi
West Side Middle School
483 Chase Parkway, Waterbury, CT 06708
6-81.4 mi
John F. Kennedy High School
422 Highland Avenue, Waterbury, CT 06708
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 227 Hillside Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/13/2026
Listed
$750,000
74999900%
MLS
7/30/2010
Sold
$1
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 227 Hillside Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,845
-9%
$263,340
—
2023
$13,020
-9%
$263,340
—
2023
$14,270
96%
$263,340
118%
2022
$7,283
—
$120,960
—
2021
$7,283
—
$120,960
—
2020
$7,283
—
$120,960
—
2019
$7,283
—
$120,960
—
2018
$7,283
4%
$120,960
4%
2017
$7,023
—
$116,640
—
2016
$7,023
3%
$116,640
—
2015
$6,791
2%
$116,640
—
2013
$6,646
—
$116,640
—
2011
$6,646
—
$116,640
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 227 Hillside Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Oxford Realty, Amanda Faroni-Sheehan

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227 Hillside Avenue, Waterbury, CT 06710 (MLS# 24191017) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 227 Hillside Avenue is currently listed for $750,000 and was received on July 13, 2026. Want to learn more about 227 Hillside Avenue? Do you have questions about finding other Multi-Family real estate for sale in Waterbury? You can browse all Waterbury real estate or contact a Coldwell Banker agent to request more information.

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