985 Bank Street, Waterbury, CT 06708

Waterbury
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...

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Home facts

  • Year built:1920
  • Listing ID #:24168567
  • Added:39 day(s) ago
  • Updated:May 30, 2026 at 11:39 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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