#24075117, Cheyenne James, Listing Office: eXp Realty

121-123 Sumac St Waterbury, CT 06704
Property details
About 121-123 Sumac St
SOLID INVESTMENT. FLEXIBLE LAYOUT. CASH FLOW FROM DAY ONE. This extended side-by-side two-family home offers the kind of versatility and reliable rental income that investors seek but rarely find. Built in 1989 and set at the end of a quiet dead-end street, this well-maintained property is being sold fully occupied, with photos shown from prior to tenant move-in. Each mirror-image duplex offers 3 bedrooms, 1.5 baths, an eat-in kitchen, a spacious living room, private laundry, ample storage, and its own back deck. Outside, there's abundant off-street parking and nearly a quarter acre of green space behind the house-an inviting shared yard that tenants will appreciate. A standout feature for savvy buyers: each unit includes a separate lower-level space with its own walk-out access, wet bar, full bath, and two flexible-use rooms. These additional areas offer tremendous versatility for extended living, work-from-home needs, or long-stay guests-enhancing long-term rental appeal. Conveniently located near I-84, shopping, schools, and parks, this is a turn-key investment with strong cash flow and upside. For well-qualified investors, seller will consider offering owner financing-making this an even more compelling opportunity.
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Basement: Yes
- Total Bedroom Count: 8
- Attached Garage: No
- Private Pool: No
- Parking: None, Off Street Parking, Unpaved
- Exterior: Deck, Gutters
- Heating: Baseboard
- Cooling: None
- List Price: $490,000
- Price/SqFt: $232
- Lot: Sloped
- Directions: Long Hill Road to Sumac Street to #121-123 last house on left at the end of the street.
- Year Built: 1989
- Living Area: 2,108 SqFt
- Lot Size: 0.34 Acres
- MLS Number: 24086627
- Office Name: Giner Real Estate
- Office Phone: (914) 263-0345
- Office Email: Michael@TheTaralloTeam.com
- Listing Agent: Michael Tarallo
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Last updated on: 5/2/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$490,000
121-123 Sumac St
$5,819
closing credit¹
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Price information
Property sales
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Nearby schools
1
Woodrow Wilson Elementary School
Public District KG-5
0.2 mi
•235 Birch St
3
Walsh Elementary School
Public District KG-5
0.5 mi
•55 Dikeman St
3
Chase Elementary School
Public District KG-5
0.8 mi
•40 Woodtick Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,852. Most Waterbury, CT residents have annual incomes less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
Living in Waterbury, CT
Waterbury's transportation infrastructure includes a mix of public transit options, with bus services connecting various neighborhoods and key areas within the city. The frequency of these services varies, with some routes offering regular hourly schedules. Ride-sharing services are available, providing additional flexibility for residents and visitors. The city is also connected by a network of roads and highways, making it accessible for those commuting by car. Efforts to enhance walkability and bikeability are ongoing, with certain districts being more pedestrian-friendly and offering safer routes for cyclists.
The community is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of academic preferences. Waterbury's healthcare infrastructure includes a major hospital that provides a full spectrum of services from emergency care to specialized treatments. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options are plentiful, offering both national chains and local establishments that contribute to the city's unique flavor.
Waterbury is celebrated for its strong sense of community and rich industrial history, which is evident in its architecture and local museums. The city prides itself on its cultural events, including the annual Brass City Brew Fest, which showcases the community's spirit and hospitality. The downtown area, with its historic buildings and public spaces, serves as a hub for community gatherings and cultural activities, reflecting the city's character as a place where tradition and progress coexist.
Waterbury's housing market is diverse, offering a range of options from historic colonial homes to more contemporary condominiums and apartment complexes. Single-family homes are prevalent, with a mix of architectural styles that reflect the city's rich history and growth through the 20th century. The homeownership rate in Waterbury is robust, with a significant portion of residents owning their homes, while the remainder of the population resides in rental properties, including multi-family units and high-rise apartments.
About 121-123 Sumac St
This home is located at 121-123 Sumac St in Waterbury, CT and zip code 06704. This 2,108 square foot home, which was built in 1989, sits on a 0.34 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $490,000.
In April 2025 more than 45 listings in Waterbury, CT were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 27 were sold below. The number of listings in Waterbury, CT increased by 8.2% between March and April 2025.