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USACTWaterburySouth End701 S Main St
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701 S Main St, Waterbury, CT

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,700,000

9325

MLS® 24153813

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7728 sqft
Garage No
Taxes $54,402
Days Active 12
Lot Size 0.12 acres
Approx. Age 1900
Avg. Price Per Sqft $349
MLS® Number 24153813

Property Address: 701 S Main St, Waterbury, CT, 06706-1447

Average square foot calculated using Size range provided by listing agent.

Description

Truly turn-key portfolio opportunity in Waterbury's South End, offering strong in-place cash flow with upside. The sale includes three adjacent parcels comprising six buildings with a total of 25 units: 23 residential apartments and two commercial spaces. The residential unit mix consists of (6) four-bed units, (11) three-bed units, and (6) two-bed units. Five of the six buildings feature separate, tenant-paid utilities, all electric heat, hot water, and cooking. Building 701 includes six apartments with owner-paid gas heat only, while electric and hot water remain tenant-paid. Five of the six buildings have completed the City of Waterbury de-leading program and have been extensively renovated, including new vinyl siding, replacement windows, updated interiors, upgraded electrical systems, rebuilt porches, and newer roofs (2017). Most apartments offer hardwood flooring, expansive layouts, and updated kitchens and baths. The portfolio has demonstrated historically low vacancy and a strong tenant base. A common coin-operated laundry room is in Building 691 and is available to all tenants. The two commercial units have separate utilities and present a value-add opportunity, as they require full renovation. The properties offer ample off-street parking, with over 20 combined parking spaces. Convenient location with easy access to I-84 and Route 8. Many rents remain below market, providing significant upside potential through continued stabilization and rent increases.
MLS® Number24153813
Laundry LevelCommon Laundry Area, 691 S Main St rear has a common laundry.
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1900
BasementFull, Unfinished
DrivewayOff Street Parking, Driveway, Unpaved
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 11, 2026List Date
$2,700,000List Price
-End Date
Not Sold YetSold Price

For Rent

Feb 11, 2026List Date
$2,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
701 S Main St, Waterbury, CT

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