325 East Main Street Waterbury, CT $ 2,250,000
325 East Main Street
$ 2,250,000
New Construction
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325 East Main Street

Waterbury, CT, 06702
$ 2,250,000
Bedrooms21 Baths1.0 Sq 17,264

Monthly Estimate*

$ 14,954

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Multi-Family Home for sale in Waterbury, CT

for $2,250,000 with 21 bedrooms and 1 full bath. This 17,264 square foot home was built in 1938 on a lot size of 0.4.

LOCATION & CASH FLOW in this completely renovated opportunity in a prime downtown location with a bonus for tremendous value add opportunities. This sale consists of 317 & 325 East Main St which includes a 21 Unit brick building and an adjoining mixed-use property with a long standing Mini Mart + 3 approved apartments. The two properties share a large parking area in back with room for approx. 25 cars and detached three-car garage in back. Units are a mix of studios & 1 beds - 100% occupied w/historically low vacancy. Too many features to list including tons of energy efficient updates with a new steam boiler & new heat pump hot water heater. New electrical service, hardwired fire alarm & all LED/sensor lighting throughout. RING security in place, lead certified, fire rated doors, master key & new windows. Units are renovated w/new kitchens, baths, flooring, fixtures, low flow toilets, etc. #317 is occupied by a stable, long term mini mart w/kitchen + 3 approved studio units to be built. Amazing location: Walking Distance to Saint Mary's Hospital and the Waterbury Green + Easy Highway Access & one block to the Police Dept. The buildings give a new owner the opportunity to acquire an income-producing asset with the ability to raise rents with unit turnovers ++ the potential to finish three additional units for even more income.

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Multi-Family Pending

Price

$ 2,250,000

Bedrooms

21

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Units on different Floors,Units are Side-by-Side

Lot Size

0.4

Year Built

1938

Town/City

Waterbury

MLS | Web ID

24013082

Features
General
Exterior Features Sidewalk Porch Gutters Lighting
Zoning CBD
Full Baths 1
Half Baths 0
Year Built 1938
Neighborhood Downtown
Style Units on different Floors Units are Side-by-Side
Heater Type Steam
County New Haven
Property SubType 5 Family+
Tax Year July 2023-June 2024
Net Operating Income 158680
Property Type Multi-Family For Sale
Status Under Contract
Acres 0.4
Directions Directly on E Main between Maple St & Cherry St
High School Per Board of Ed
City Waterbury
Energy Features Programmable Thermostat
Street Name Main
Elementary School Per Board of Ed
Sq Ft Total 17264
DOM 18
Year Built Source Public Records
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Interior
Cooling System Window Unit
Basement Description Full Unfinished
Total Fireplaces 0
Total Rooms 34
Hot Water Other
Total Bathrooms 1
Total Bedrooms 21
Total Number of Units 22
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Exterior
Water Source Public Water Connected
Garage Parking Detached Garage Off Street Parking Unassigned Parking Unpaved
Lot Description Level Lot
Pool? 0
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* Excluded Features
List By
Amanda Faroni-Sheehan

Listing Agent

Oxford Realty

Broker

amandafaroni25@gmail.com

Email

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$14,954
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Monthly Principal & Interest
$14,954
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
896384 Elementary School
895528 Middle School
Per Board Of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$2,250,000 Listed Price

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325 East Main Street, Waterbury, CT, 06702 is a Multi-Family Home for sale at $2,250,000 with 17,264 sqft and a lot size of 0.4. 325 East Main Street has 21 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 06702 which is in Waterbury, CT