$1,100,000

473 East Main Street, Waterbury, CT 06702

  • 15 baths |
  • 9,384 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1932
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $117/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Great investment property in Downtown Waterbury with 9% CAP rate. The building features a first floor commercial space with roughly 3,100 SF. There are 15 apartments above with a unit mix of 12 studios, (2) 1 bed and (1) 2 bed unit. The utilities are all owner paid - electric heat & hot water. There is no laundry in the building, no yard and on-street parking only making this asset minimal maintenance and low expenses. Most of the units are renovated with new flooring, fixtures, paint, kitchens and bath rooms. Rents are below market giving the buyer an opportunity for increased cash flow. Great downtown location is close to the Waterbury Green, public transportation, the mall, highway access, UCONN Waterbury and more.

Listing Status:
Active
Date Added:
June 21, 2025 at 06:43PM
Listing Office:
Oxford Realty : (203) 314-4219
Listing Agent:
Amanda Faroni-Sheehan : (203) 314-4219
MLS ID:
24105995
  • General: Window Display
  • Flooring: VinylWood
  • A/C: Window Unit
  • Heating: BaseboardElectric

This listing courtesy of Amanda Faroni-Sheehan, Oxford Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Walsh Elementary School

55 Dikeman St, Waterbury, CT, 06704

Grades KG-5

0.27 miles away

W

Waterbury Arts Magnet School (Middle)

16 S Elm St, Waterbury, CT, 06706

Grades 6-8

0.28 miles away

W

Waterbury Arts Magnet School (High)

16 S Elm St, Waterbury, CT, 06706

Grades 9-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.