28 Gilbert St

$500,000
Price
8
Beds
—
Baths
3,658 Sq. Ft.
$137 / Sq. Ft.
3,658
Sq. Ft.
$137
per Sq. Ft.

Description

Investor Opportunity Turnkey 5-family property in the heart of Waterbury offering excellent cash flow and strong rental history. All five units are fully rented with reliable tenants, making this a great choice for any investor seeking immediate income. Each apartment features all-new kitchens and updated finishes throughout, adding to the property's appeal and minimizing maintenance concerns. The building has separate utilities, allowing for efficient management and reduced owner expenses. The roof...Investor Opportunity Turnkey 5-family property in the heart of Waterbury offering excellent cash flow and strong rental history. All five units are fully rented with reliable tenants, making this a great choice for any investor seeking immediate income. Each apartment features all-new kitchens and updated finishes throughout, adding to the property's appeal and minimizing maintenance concerns. The building has separate utilities, allowing for efficient management and reduced owner expenses. The roof is approximately eight years old and in great condition. Located on the bus line and close to shopping, schools, and major highways, the property offers easy access for tenants and consistent rental demand. With on-street parking and a proven rental track record, 28 Gilbert Street is a solid, income-producing asset ready for its next owner.
  1. Listed by Mark Forte • Finish Line Realty
    P: (203)-707-9809 C: (203)-707-9809 markforte17@gmail.com

Property Details for 28 Gilbert Street

Basement Description
Full, Full With Walk-Out
Direct Waterfront
No
Neighborhood
Downtown
Style
Units on different Floors
Garage Parking Info
None, On Street Parking, Driveway
Swimming Pool
No
LISTING UPDATED: 12/07/2025 12:40 AM

Property Details for 28 Gilbert Street

StatusActive
MLS #24134150
Days on Market76
Taxes$8,234 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1880
Lot Size0.08 AC / 3,484 SF
CountyNew Haven County

Location

Listing Courtesy of Finish Line Realty, Mark Forte
Add your commute

Building Information for 28 Gilbert Street

Stories-Residences5Year Built1880Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$3,157 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,471

Property Taxes

$686

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 28 Gilbert Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: West main street to Gilbert
  • Elementary School: Per Board of Ed
  • High School: Wilby
  • Latitude: 41.558873
  • Longitude: -73.04892
  • State: Connecticut
Parking
  • Parking Total Spaces: 2
HOA and Fees
  • Home Owner's Assocation: No
  • Sewer Usage Fee Annual: $1,400
  • Tax Year: July 2025-June 2026
  • Property Tax: $8,234
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 18
Room 5
  • Listing Key: 414C839D6651F906E063E201100A41FC
Property
Property and Assessments
  • Construction Description: Stone
  • Driveway Type: Paved
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1880
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3658
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1379454
  • Sq Ft Est Heated Above Grade: 3658.0
  • Sq Ft Total: 3658.0
  • Zoning: CBD
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water In Street
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 5
  • Total Rooms Multi Family: 18
Unit 1
  • Unit Appliances: Gas Range,Refrigerator
  • Unit Entry Order: 1
  • Unit Modified Date: 10-21-2025
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Unit Appliances: Gas Range,Refrigerator
  • Unit Entry Order: 2
  • Unit Modified Date: 10-21-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 3
  • Unit Entry Order: 3
  • Unit Modified Date: 10-21-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 4
  • Unit Appliances: Gas Range,Refrigerator
  • Unit Entry Order: 4
  • Unit Modified Date: 10-21-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 5
  • Unit Appliances: Gas Range,Refrigerator
  • Unit Entry Order: 5
  • Unit Modified Date: 10-21-2025
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 28 Gilbert Street

DateEvent & SourcePriceAppreciation
Sep 7, 2017

Closed (Public Record)

Public Record #605762818

$120,000

-3.9% / yr

Jan 18, 2012

Closed (Public Record)

Public Record #323884341

$150,000

-6.4% / yr

Nov 23, 2005

Closed (Public Record)

Public Record #190325777

$224,900—
DateEvent & SourcePrice
09/07/2017

Closed (Public Record)

Public Record #605762818

$120,000

-3.9% / yr

01/18/2012

Closed (Public Record)

Public Record #323884341

$150,000

-6.4% / yr

11/23/2005

Closed (Public Record)

Public Record #190325777

$224,900

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

Public Records for 28 Gilbert Street

Taxable ValueLand$35,000Additions$148,050Total$183,050
Tax Record2024$8,234 ($686 / month)
Home Facts
Total Finished SqFt3,658 SqFtAbove Grade Finished SqFt3,658 SqFtUnfinished Basement SqFt1,320 SqFtStories3Lot Size3,485 SqFtStyleMulti-Family Res (5+ Units)Year Built1880Year Renovated1970ZoningCBDCountyNEW HAVENAPNWBRY M:0253 B:0056 L:0085

Schools near 28 Gilbert 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 - 6 to 12
Rating
School
Distance
Bunker Hill School
PublicPK to 5

West Side Middle School
Public6 to 8

John F. Kennedy High School
Public9 to 12

Enlightenment School
Public6 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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Similar Homes

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28 Gilbert Street is a multi-family home for sale in Waterbury, CT 06702. This property was listed for sale on October 16, 2025 by Finish Line Realty, it's currently listed at $500,000. It has been on the market for a total of 76 days and was last sold on September 7, 2017. This listing's school district is Waterbury School District. Nearby schools include Bunker Hill School, West Side Middle School and John F. Kennedy High School. 28 Gilbert Street is a 8-bed, 0-bath, 3,658 sqft multi-family home built in 1880.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Finish Line Realty, Mark Forte

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.