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Listed price in listed location currency (USD).
$3,960,000

3140

MLS® 24168567

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 10052 sqft
Garage 
Taxes $31,165
Days Active 12
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $393
MLS® Number 24168567

Property Address: 985 Bank St, Waterbury, CT, 06708-3835

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

Description

Don't miss this Brooklyn Center multifamily portfolio consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand.
MLS® Number24168567
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementFull, Unfinished
DrivewayPaved, Off Street Parking, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$3,960,000List Price
-End Date
Not Sold YetSold Price

For Rent

Apr 20, 2026List Date
$3,960,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $317,000 and $5,782,000.
Similar properties in this area sold on average for: $317,514
Expect to pay under asking. 71% of similar properties sold for less than the asking price.
Expected to sell in 17 days. Similar properties sold in 29 days. This home has been on Zoocasa for 12 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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