135 Prospect St

4,729 Sq. Ft.
$189 / Sq. Ft.
4,729
Sq. Ft.
$189
per Sq. Ft.

Description

Exceptional 8-Unit Multifamily Investment Opportunity Well-maintained 8-unit asset featuring a strong unit mix of five 1-bedroom apartments, one 2-bedroom apartment, and two 3-bedroom apartments. Many units have been recently renovated and offer continued upside potential through future rent growth and additional value-add opportunities. Recent interior improvements include updated kitchens and bathrooms, vinyl plank and hardwood flooring, beautiful wooden decks, and large windows providing abundant...Exceptional 8-Unit Multifamily Investment Opportunity Well-maintained 8-unit asset featuring a strong unit mix of five 1-bedroom apartments, one 2-bedroom apartment, and two 3-bedroom apartments. Many units have been recently renovated and offer continued upside potential through future rent growth and additional value-add opportunities. Recent interior improvements include updated kitchens and bathrooms, vinyl plank and hardwood flooring, beautiful wooden decks, and large windows providing abundant natural light throughout many of the units. Utilities are separately metered and tenant-paid, helping reduce operating expenses and maximize investor returns. The property is currently operating at an attractive 8.0 CAP with well-maintained mechanicals and on-site parking available for tenants. Strategically located near Downtown Waterbury, St. Mary's Hospital, grocery stores, shopping, public transportation, and major highways, this property presents an excellent opportunity for investors seeking stable cash flow with long-term appreciation and rental growth potential.
  1. Listed by Vianeliz Henriquez • Sky Realty Group
    P: (203)-707-7259 C: (203)-707-7259 henriquezvianeliz06@gmail.com

Property Details for 135 Prospect Street

Basement Description
Full, Partially Finished
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
Paved, Driveway
Swimming Pool
No
LISTING UPDATED: 06/05/2026 05:26 PM

Property Details for 135 Prospect Street

StatusUnder Contract - Continue To Show
MLS #24178591
Days on Market9
Taxes$14,188 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1900
Lot Size0.20 AC / 8,712 SF
CountyNew Haven County

Location

Listing Courtesy of Sky Realty Group, Vianeliz Henriquez
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Building Information for 135 Prospect Street

Stories-Residences8Year Built1900Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$5,642 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,460

Property Taxes

$1,182

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 135 Prospect 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: 41.560381
  • Longitude: -73.040554
  • State: Connecticut
Parking
  • Parking Total Spaces: 10
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $14,188
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Wall Unit
  • Heat Type: Hot Water
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 38
Room 5
  • Listing Key: 52C2B6A0CB4FFC60E0631A01100ACB44
Property
Property and Assessments
  • Construction Description: Frame, Stone
  • Driveway Type: Private
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 4729
Lot Information
  • Lot Description: N/A
  • Parcel Number: 1379632
  • Sq Ft Est Heated Above Grade: 4729.0
  • Sq Ft Total: 4729.0
  • Zoning: RM
Utilities
  • Heat Fuel Type: Bottle Gas
  • Hot Water Description: Natural Gas, 30 Gallon Tank, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 34472
  • Gross Annual Income: 111600
  • Net Operating Income: $71,548
  • Occupied By: Tenant
  • Total Number of Units: 8
  • Total Rooms Multi Family: 38
Unit 1
  • Lease: Monthly
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 05-27-2026
  • Unit Monthly Rent: $1,050
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Modified Date: 05-27-2026
  • Unit Monthly Rent: $1,450
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
Unit 3
  • Lease: Monthly
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 05-27-2026
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 05-27-2026
  • Unit Monthly Rent: $1,050
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Monthly
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 05-27-2026
  • Unit Monthly Rent: $1,050
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Monthly
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 05-27-2026
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 7
  • Lease: Monthly
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 05-27-2026
  • Unit Monthly Rent: $1,750
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 7
  • Unit Occupied By: Tenant
Unit 8
  • Lease: Monthly
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 05-27-2026
  • Unit Monthly Rent: $950
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 135 Prospect Street

DateEvent & SourcePriceAppreciation
Dec 5, 2023

Closed (Public Record)

Public Record #1525479758

$570,000

+13.1% / yr

Aug 1, 2008

Closed (Public Record)

Public Record #250161286

$86,000—
Aug 1, 2008

Closed (Public Record)

Public Record #250161287

$90,000

-22.3% / yr

DateEvent & SourcePrice
12/05/2023

Closed (Public Record)

Public Record #1525479758

$570,000

+13.1% / yr

08/01/2008

Closed (Public Record)

Public Record #250161286

$86,000
08/01/2008

Closed (Public Record)

Public Record #250161287

$90,000

-22.3% / yr

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

Public Records for 135 Prospect Street

Taxable ValueLand$37,100Additions$278,320Total$315,420
Tax Record2024$14,188 ($1,182 / month)
Home Facts
Total Finished SqFt4,729 SqFtAbove Grade Finished SqFt4,729 SqFtStories3Lot Size8,712 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1960ZoningRMCountyNAUGATUCK VALLEYAPNWBRY M:0254 B:0159 L:0035

Schools near 135 Prospect Street

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 - PK to 4
Rating
School
Distance
Driggs School
PublicPK to 5

West Side Middle School
Public6 to 8

John F. Kennedy High School
Public9 to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Sky Realty Group, Vianeliz Henriquez

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.