NEW 4 HRS AGO

For sale

$469,900

Est. $3,393/mo —

•

2,215

sq ft

355 Frost Rd, Waterbury, CT 06705

About this home

Rarely available 3-family in Waterbury's desirable East End, Fairlawn neighborhood! Ideal for buyers seeking the benefits of homeownership with supplemental rental income, this property offers a versatile three-unit layout in a sought-after residential location. The first and second floors each feature spacious 2-bedroom, 1-bath apartments with eat-in kitchens and living rooms, while the third floor offers a 1-bedroom apartment with an eat-in kitchen and living room. All utilities are separate and tenant-paid, with gas heat and hot water servicing the first and second floors and electric heat and hot water on the third floor. A detached 2-car garage with electricity, private driveway and ample rear off-street parking add to the property's appeal. A unique opportunity to secure a multifamily property in one of Waterbury's more desirable areas while benefiting from multiple income streams! Can be purchased individually or together with other multifamily properties in Waterbury.

Multi-familyProperty Type

1919Year Built

0.34 acresLot Size

$212Price/Sq.Ft.

2 garage spacesParking

Listed by Amanda Faroni-Sheehan • Oxford Realty

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

Source:Smart MLS #24217036

Payment calculator

$3,393 per month

Principal and interest$2,596

Property taxes

$644

HOA dues

Home insurance

$153

Utilities

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Next available date: Tuesday, October 27

Open houses

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Around this home

Schools

K - 12
Preschool & daycare

H. S. Chase School

Public PreK-5 • Assigned • 0.3mi

5/10

Michael F. Wallace Middle School

Public 4-8 • Assigned • 1.5mi

4/10

Crosby High School

Public 9-12 • Assigned • 1.5mi

1/10

Provided by GreatSchools

About

Fairlawn

Fairlawn, located between Downtown Waterbury and the Town Plot, is a residential and hillside Waterbury neighborhood with winding streets and long city views. The neighborhood’s character concentrates around the East Main Street corridor near the I-84 ramps, where corner markets, takeout counters, and service storefronts set a steady, everyday rhythm. Early-20th-century multifamily houses and compact single-family homes mix with small apartment buildings on sloped blocks. Fulton Park’s paths and ballfields add a green counterpoint to the dense street grid. Nearby anchors like the Palace Theater, the Mattatuck Museum, and Brass Works Brewing help define local culture beyond the residential streets.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Living

Interior features
Partial, unfinished basement

Bedrooms
5 bedrooms

Bathrooms
3 full bathrooms

Laundry & utility
Washer and dryer in some units

Heating & cooling
Baseboard heating
Electric and natural gas heating fuel
Window-unit cooling

Sale and tax history for 355 Frost Rd

Sale History
Tax History

Date

Event

Price

Smart MLS #24217036

Oct 26, 2026

Listed

$469,900

$212/sq ft

Smart MLS #170404215

Aug 5, 2021

Sold

$190,000

$86/sq ft

Jun 11, 2021

Relisted

—

May 26, 2021

Listed

$219,900

$99/sq ft

Location, Location! PRICED TO SELL - East End investment property with VALUE ADD Opportunity!! Currently a 14.5% ROI with potential for 22+% ROI. The property consist of (2) 4 room units with 2 bed, EIK and LR + a 3rd floor unit with 1 bed, EIK and LR - the property is 100% occupied and will convey that way (NO exceptions). All utilities are separate and tenant paid - 1st and 2nd floor are gas H&HW, 3rd floor is electric H&HW. There is a two-car detached garage in back with electricity and newer roof + potential for additional income. There is a private driveway with ample off-street parking in back - lots of room. DO NOT walk the property or speak to tenants without LA present. Located on the bus line.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.34 Acres

Year renovated

1967

Finished Sq. Ft.

2,215

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,215

Year built

1919

Style

Multi-Family (2-4 Unit)

County

New Haven County

APN

1385455

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2023.

Low Density Residential District

The RL District is established to provide for single family dwellings and limited nonresidential uses on lots having a minimum area of 6,000 sq ft. Uses and Conditional Accessory Uses are permitted by Zoning Permit, Special Permit, or Special Exception approval as provided in Article 11of these Regulations.

Permitted uses

Include but are not limited to:

No uses permitted by right

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Waterbury, CT • 06705

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

85/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Waterbury. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 355 Frost Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $325,000 and $384,350.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $325K to $384K.

SOLD JUL 31, 2026
$384,350 Last sold price
3 beds3 baths2,444 sq ft
75 Peterson Ave, Waterbury, CT 06705
$55/sq ft
32 years newer
SOLD MAY 26, 2026
$333,000 Last sold price
4 beds2 baths1,412 sq ft
242 Lakeview Ave, Waterbury, CT 06705
$24/sq ft
smaller lot
68 years newer
SOLD APR 30, 2026
$325,000 Last sold price
4 beds1.5 baths2,248 sq ft
82 Twining Ave, Waterbury, CT 06705
$67/sq ft
smaller lot
41 years newer
SOLD OCT 2, 2026
$365,000 Last sold price
4 beds2 baths1,838 sq ft
146 Manchester Ave, Waterbury, CT 06705
$13/sq ft
smaller lot
46 years newer
SOLD MAY 15, 2026
$330,000 Last sold price
3 beds2 baths1,391 sq ft
48 Woodbine St, Waterbury, CT 06705
$25/sq ft
smaller lot
8 years newer
SOLD FEB 25, 2026
$368,500 Last sold price
4 beds2.5 baths2,202 sq ft
401 Frost Rd, Waterbury, CT 06705
$45/sq ft
smaller lot
21 years newer

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Early Access listings

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

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Details provided by Smart MLS and may not match the public record. Learn more.

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