805 Main Street, Watertown, CT 06779

Watertown
Local realty services provided by:ERA Key Realty Services
805 Main Street,Watertown, CT 06779
$3,668,000
  • 7 Beds
  • 3 Baths
  • 2,688 sq. ft.
  • Multi-family
  • Pending
Listed by: levi judqin(203) 724-7127
Office: brass moon realty(203) 945-1000
MLS#:24185537
Source:CT

Price summary

  • Price:$3,668,000
  • Price per sq. ft.:$1,364.58

About this home

Rare opportunity to acquire a well-maintained 28-unit multifamily portfolio spanning 8 buildings across 4 tax parcels in Watertown, CT. The portfolio includes 15 Pythian Ave, 20 Pythian Ave, 28, 38, 48, 58 and 68 Atwood Court, and 805 Main St. Under single ownership for five years, the current owner has completed significant capital improvements including new roofs, siding, and porches throughout, with the majority of units already renovated. At 96.4% occupancy, long-term tenants have kept rents below market, creating immediate upside as units turn over. Current rents generate $32,665/month across a diversified mix of 1, 2, and 3 bedroom units. At $3,668,000 ($131K/door), the property delivers a 7.54% in-place cap rate on current signed leases. Watertown boasts a median household income of $103,200, well above neighboring Waterbury, supporting strong and consistent rental demand. Quiet, private setting within walking distance to local retail. Simple 4-parcel closing structure. Turnkey...

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Home facts

  • Year built:1909
  • Listing ID #:24185537
  • Added:52 day(s) ago
  • Updated:August 13, 2026 at 07:50 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Basement Description:Full Basement, Unfinished
  • Living area:2,688 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1909
  • Building area:2,688 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:City Views, Level Lot
  • Architectural Style:Units are Side-by-Side
  • Construction Materials:Shingle, Wood

Schools

  • High school:Watertown
  • Middle school:Swift
  • Elementary school:Fletcher W. Judson

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$3,668,000
  • Price per sq. ft.:$1,364.58
  • Tax amount:$5,244 (July 2025-June 2026)
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