985 Bank Street, Waterbury, CT 06708
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
985 Bank Street,Waterbury, CT 06708
$3,960,000
- 3 Beds
- 1 Baths
- 10,052 sq. ft.
- Multi-family
- Active
Listed by: amanda faroni-sheehan(203) 314-4219
Office: oxford realty(203) 314-4219
MLS#:24168567
Source:CT
Price summary
- Price:$3,960,000
- Price per sq. ft.:$393.95
About this home
Don't miss this Brooklyn Center multifamily portfolio consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand....
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Home facts
- Year built:1920
- Listing ID #:24168567
- Added:1 day(s) ago
- Updated:April 21, 2026 at 11:29 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement Description:Full Basement, Unfinished
- Living area:10,052 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Hot Water
Structure and exterior
- Roof:Asphalt Shingle, Flat
- Year built:1920
- Building area:10,052 sq. ft.
- Lot area:0.83 Acres
- Lot Features:Corner Lot, Level Lot
- Architectural Style:Units are Side-by-Side
- Construction Materials:Brick
- Exterior Features:Gutters, Lighting, Porch, Sidewalk
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$3,960,000
- Price per sq. ft.:$393.95
- Tax amount:$31,165 (July 2025-June 2026)
Features and amenities
- Amenities:Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
Parking
- Total parking spaces:40
- Parking description:Driveway, Off Street Parking, Paved
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