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6 Beds
3 Baths
2,555 sqft

$450,000

237 Bishop Street, Waterbury CT, 06704

Price per sqft$176.13
Built in1900
Property size2,555 sqft
Property typeMulti-family

Overview

Active

Listed Jul 7, 2026

Updated Aug 25

INVESTMENT OPPORTUNITY - 3-UNIT MULTI-FAMILY WITH STRONG INCOME POTENTIAL! This 3-unit multi-family property is perfect for investors or owner-occupants looking to generate passive income. Two of the units have been recently updated and are ready for new tenants at market rents, offering immediate upside potential. The first-floor unit is currently occupied by a long-term tenant paying below-market rent on a month-to-month basis, providing flexibility for future rent adjustments or occupancy options. Each unit includes gas heat and water, adding convenience and value for tenants. The property also features a generously sized off-street parking area, making it highly desirable for residents. While the exterior could benefit from some improvements, the property presents a fantastic opportunity to build equity and maximize cash flow. Whether you're expanding your portfolio or looking to live in one unit while renting the others, this is a smart investment you don't want to miss!

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
24189435

Interior Features

Bedrooms
6
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$4,341
Tax Frequency
Annually
MLS provider logo

Listed by Ramon Matos with Matos Level Eminent Realty (860) 268-3984

The IDX display contains information sourced from SmartMLS, Inc. as of 8/25/2026. This information is for personal, non-commercial use only and may not be used for any purpose other than identifying properties the viewer may be interested in purchasing. MLS data is generally considered reliable but is not guaranteed accurate by the MLS. Buyers are responsible for verifying all information and should conduct their own investigation or consult a professional. Some MLS data may have been provided by sources other than the listing agent. Unless stated in writing, the Broker/Agent has not verified information obtained from outside sources. The Broker/Agent may or may not have been the listing and/or selling agent, and cannot guarantee the accuracy of any property location shown on a map. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 8/25/2026 at 3:47 AM UTC.

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