701 South Main Street, Waterbury, CT 06706

Local realty services provided by:ERA Key Realty Services
#1#2#3
701 South Main Street,Waterbury, CT 06706
$2,750,000
  • 9 Beds
  • 3 Baths
  • 7,728 sq. ft.
  • Multi-family
  • Active
Listed by:amanda faroni-sheehan
Office:oxford realty
MLS#:24116535
Source:CT

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$355.85

About this home

Truly TURN KEY portfolio opportunity with 8% CAP in the South End almost entirely renovated inside and out! The sale consists of 3 adjacent parcels with 6 buildings = 23 apartments and 2 commercial spaces for a total of 25 units. The unit mix is: (6) 4 bed units, (11) 3 bed units and (6) 2 bed units. 5 Bldgs feature separate, and tenant paid utilities - all electric H, HW & cooking. Bldg 701 has 6 apartments with owner paid gas heat (only), and separate, tenant paid electric + hot water. 5 out of 6 Bldgs have undergone the City of Waterbury de-leading program + plus are completely renovated with new vinyl siding, replacement windows, interior unit updates, updated electrical, new/rebuilt porches and roofs (all in 2017). Majority of the units have hardwood floors throughout, huge layouts, updated kitchens and baths. Historically low vacancy and strong tenant base. There is a common/coin op laundry room in Bldg 691 for all tenants to use. The 2 commercial spaces are separate utilities

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Home facts

  • Year built:1900
  • Listing Id #:24116535
  • Added:12 day(s) ago
  • Updated:August 15, 2025 at 11:27 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:7,728 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Baseboard, Hot Air

Structure and exterior

  • Roof:Asphalt Shingle, Flat
  • Year built:1900
  • Building area:7,728 sq. ft.
  • Lot area:0.55 Acres

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$2,750,000
  • Price per sq. ft.:$355.85
  • Tax amount:$14,443 (July 2025-June 2026)
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