8 Units | Cash Flow, Close to Downtown Retail FOR SALE


Waterbury, CT - Downtown Waterbury
$899,900 USD
203-314-4219
, Waterbury, CT for Sale
$899,900 USD
Retail - FOR SALE
1/10
null | 6.27% Cap Rate

8 Units | Cash Flow, Close to Downtown
Waterbury, CT
Downtown Waterbury


HIGHLIGHTS

  • 2 Adjacent Buildings
  • 4 Commercial Spaces
  • 4 Apartments: All 3 Bed Units
  • Separate & Tenant Paid Utilities
  • Off-Street Parking for Apartment Tenants
  • Rents Below Market = Big Upside!

OVERVIEW

xceptional investment opportunity featuring two adjacent commercial buildings totaling 8 units on highly visible East Main Street in Waterbury. This fully occupied portfolio offers strong in-place cash flow with a desirable mix of commercial and residential tenants, plus separate and tenant-paid utilities throughout for efficient ownership and minimal landlord expense. 651 E Main Street consists of a fully occupied 2-unit commercial building totaling 2,585 SF. Tenants pay all utilities with no owner's meter, creating streamlined management and low operating costs. 669 E Main Street is a fully occupied mixed-use property totaling 7,371 SF, compromised of 2 ground floor commercial units and 4 residential apartments above. All residential units feature spacious 3bed, 1bath unit mix. Utilities are separately metered, and tenant paid. There is one parking space per apartment behind the building. Positioned along a heavily traveled street with excellent visibility and accessibility, the properties benefit from proximity to downtown Waterbury, Saint Mary's Hospital, Hamilton Park, a variety of shopping, restaurants, public transportation, and major highways. Ideal opportunity for investors seeking stable mixed-use assets with strong occupancy and long-term upside potential.

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.