701 South Main Street, Waterbury, CT 06706
Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties
701 South Main Street,Waterbury, CT 06706
$2,700,000
- 9 Beds
- 3 Baths
- 7,728 sq. ft.
- Multi-family
- Active
Listed by: amanda faroni-sheehan(203) 314-4219
Office: oxford realty
MLS#:24153813
Source:CT
Price summary
- Price:$2,700,000
- Price per sq. ft.:$349.38
About this home
Truly turn-key portfolio opportunity in Waterbury's South End, offering strong in-place cash flow with upside. The sale includes three adjacent parcels comprising six buildings with a total of 25 units: 23 residential apartments and two commercial spaces. The residential unit mix consists of (6) four-bed units, (11) three-bed units, and (6) two-bed units. Five of the six buildings feature separate, tenant-paid utilities, all electric heat, hot water, and cooking. Building 701 includes six apartments with owner-paid gas heat only, while electric and hot water remain tenant-paid. Five of the six buildings have completed the City of Waterbury de-leading program and have been extensively renovated, including new vinyl siding, replacement windows, updated interiors, upgraded electrical systems, rebuilt porches, and newer roofs (2017). Most apartments offer hardwood flooring, expansive layouts, and updated kitchens and baths. The portfolio has demonstrated historically low vacancy and a strong tenant base. A common coin-operated laundry room is in Building 691 and is available to all tenants. The two commercial units have separate utilities and present a value-add opportunity, as they require full renovation. The properties offer ample off-street parking, with over 20 combined parking spaces. Convenient location with easy access to I-84 and Route 8. Many rents remain below market, providing significant upside potential through continued stabilization and rent increases....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:24153813
- Added:43 day(s) ago
- Updated:March 20, 2026 at 11:33 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Basement Description:Full Basement, Unfinished
- 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:0.12 Acres
- Lot Features:Level Lot
- Architectural Style:Units are Side-by-Side
- Construction Materials:Vinyl Siding
- Exterior Features:Gutters, Lighting, Patio, Sidewalk
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$2,700,000
- Price per sq. ft.:$349.38
- Tax amount:$54,402 (July 2025-June 2026)
Features and amenities
- Amenities:Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation
Parking
- Total parking spaces:25
- Parking description:Driveway, Off Street Parking, Private, Unpaved
New listings near 701 South Main Street
- Open Sun, 12 to 2pmNew
Listed by BHGRE$329,999Active2 beds 1 baths1,376 sq. ft.117 Arden Road, Waterbury, CT 06708
MLS# 24162614Listed by: BHGRE Gaetano Marra Homes - New
$600,000Active8 beds 4 baths3,932 sq. ft.121 Hillview Avenue, Waterbury, CT 06704
MLS# 24162604Listed by: Criterion Real Estate LLC - New
$525,000Active8 beds 3 baths2,938 sq. ft.41 Diane Terrace, Waterbury, CT 06705
MLS# 24162588Listed by: Fercodini Properties, Inc. - Open Sun, 1 to 3pmNew
$514,900Active3 beds 3 baths1,616 sq. ft.79 Joshua Town Road, Waterbury, CT 06708
MLS# 24162492Listed by: Mark Tavares Realty, LLC - Coming Soon
$499,000Coming Soon3 beds 3 baths622 Lakeside Boulevard West, Waterbury, CT 06708
MLS# 24161681Listed by: Regency Real Estate, LLC - Open Sat, 10am to 12pmNew
$259,900Active2 beds 1 baths872 sq. ft.402 Homestead Avenue, Waterbury, CT 06705
MLS# 24162176Listed by: Dave Jones Realty, LLC - New
$359,900Active3 beds 2 baths1,144 sq. ft.45 Westbrook Drive, Waterbury, CT 06705
MLS# 24162421Listed by: Vitale Realty - New
$219,900Active2 beds 2 baths1,042 sq. ft.925 Oronoke Road #100I, Waterbury, CT 06708
MLS# 24162293Listed by: Century 21 Scala Group - New
$129,900Active7.74 Acres508 East Mountain Road, Waterbury, CT 06706
MLS# 24162351Listed by: Platinum Associates - New
$444,900Active3 beds 3 baths1,776 sq. ft.15 Yorktown Ridge, Waterbury, CT 06704
MLS# 24161692Listed by: Ghent Realty Advisors