493 Meadow Street, Waterbury, CT 06702
Local realty services provided by:ERA Blanchard & Rossetto, Inc.
493 Meadow Street,Waterbury, CT 06702
$2,650,000
- 41 Beds
- 28 Baths
- 6,520 sq. ft.
- Multi-family
- Active
Listed by: vianeliz henriquez(203) 707-7259
Office: sky realty group(860) 638-9748
MLS#:24196449
Source:CT
Price summary
- Price:$2,650,000
- Price per sq. ft.:$406.44
About this home
Exceptional opportunity to acquire a 27-unit mixed-use investment consisting of 21 apartments and 6 retail spaces across two well-maintained brick buildings and one dedicated parking lot. Offered at a solid 8.0 Cap with additional upside rent potential. The unit count, unit mix, and financial information have been recently verified and updated to reflect the current operating performance. The portfolio includes 343 West Main Street, a four-story, 20,428 SF building with 17 apartments (1 one-bedroom, 14 two-bedroom, and 2 three-bedroom units) and 4 fully leased retail spaces, and 493 Meadow Street, a three-story, 6,520 SF building with 4 apartments (2 two-bedroom and 2 three-bedroom units) and 2 fully leased retail spaces. The residential units participate in the Mod Rehab Housing Assistance Program, providing stable occupancy and consistent rental income. The commercial component is occupied by established long-term tenants, including an appliance retailer, tax and insurance agency, bar & grill, salon, and convenience stores. Recent capital improvements include partial roof replacements (2022) and 15 recently replaced high-efficiency heating systems. All residential and commercial units are separately metered, with tenants responsible for their own utilities, helping to minimize landlord operating expenses. A well-maintained, cash-flowing property with a diversified income stream - ready for a new owner to realize the potential!...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:24196449
- Added:89 day(s) ago
- Updated:October 31, 2026 at 04:46 PM
Rooms and interior
- Bedrooms:41
- Total bathrooms:28
- Full bathrooms:22
- Half bathrooms:6
- Rooms Total:88
- Basement Description:Full Basement, Unfinished
- Living area:6,520 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Flat
- Year built:1900
- Building area:6,520 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Corner Lot
- Construction Materials:Brick
Schools
- High school:Per Board of Ed
- Middle school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$2,650,000
- Price per sq. ft.:$406.44
- Tax amount:$10,949 (July 2026-June 2027)
New listings near 493 Meadow Street
- Coming Soon
$265,000Coming Soon1 beds 1 baths1,176 sq. ft.59 Wayland Avenue, Waterbury, CT 06708
MLS# 24217962Listed by: Dave Jones Realty, LLC - Coming Soon
$575,000Coming Soon6 beds 6 baths4,284 sq. ft.303 New Haven Avenue, Waterbury, CT 06708
MLS# 24217662Listed by: Showcase Realty, Inc. - Coming Soon
$395,000Coming Soon7 beds 3 baths2,448 sq. ft.110 Division Street, Waterbury, CT 06704
MLS# 24217743Listed by: Hicks Gladiators Realty Srvs - Coming SoonOpen Sat, 1:30 to 4pm
$339,900Coming Soon3 beds 2 baths1,200 sq. ft.49 Holiday Hill, Waterbury, CT 06704
MLS# 24212089Listed by: Great Estates, CT - Coming Soon
$248,900Coming Soon1 beds 2 baths1,348 sq. ft.72 Bateswood Road, Waterbury, CT 06706
MLS# 24217197Listed by: Dave Jones Realty, LLC - Coming Soon
$374,925Coming Soon7 beds 3 baths2,665 sq. ft.132 Griggs Street, Waterbury, CT 06704
MLS# 24217099Listed by: Five Stars Realty - New
$259,900Active2 beds 3 baths1,248 sq. ft.97 Stafford Street, Waterbury, CT 06704
MLS# 24218097Listed by: Witkoski Associates, LLC. - New
$300,000Active5 beds 2 baths1,997 sq. ft.238 Pine Street, Waterbury, CT 06710
MLS# 24218316Listed by: Kass Real Estate LLC - New
$365,000Active4 beds 2 baths1,884 sq. ft.81 Fleetwood Drive, Waterbury, CT 06706
MLS# 24213992Listed by: Berkshire Hathaway NE Prop. - New
$247,900Active2 beds 2 baths1,074 sq. ft.380 Hitchcock Road #67, Waterbury, CT 06705
MLS# 24218012Listed by: Perrella Realty