701 South Main Street, Waterbury, CT 06706

Waterbury
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
701 South Main Street,Waterbury, CT 06706
$2,500,000
  • 70 Beds
  • 25 Baths
  • 7,728 sq. ft.
  • Multi-family
  • Active
Listed by: amanda faroni-sheehan(203) 314-4219
Office: oxford realty(203) 314-4219
MLS#:24216364
Source:CT

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$323.5

About this home

Truly turn-key portfolio opportunity in Waterbury's South End, offering strong in-place cash flow with upside with 8% CAP actual. 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...

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Home facts

  • Year built:1900
  • Listing ID #:24216364
  • Added:1 day(s) ago
  • Updated:October 23, 2026 at 12:26 PM

Rooms and interior

  • Bedrooms:70
  • Total bathrooms:25
  • Full bathrooms:23
  • Half bathrooms:2
  • Rooms Total:116
  • 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
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$323.5
  • Tax amount:$54,402 (July 2026-June 2027)

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
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