This fully updated 6-unit property consists of (2) 4-bed units and (4) 3-bed units with roughly 1,200 - 1,220 SF each, all 100% occupied on M to M leases, providing immediate cash flow with rents significantly under market for future upside. Extensively upgraded in the last couple of years, the property features remodeled apartments, new gas meters + lines, high-efficiency combi boilers, a smart water meter with automatic leak detection and shutoff, backup boilers, and tankless water heaters. The roof is approx. 7 yrs old, further minimizing capital expenditures. Additional improvements include electronic access to all apartments and basements, sprinkler systems in the basements, LED motion-sensor lighting in common areas, a comprehensive security system, a fire/emergency alarm system with direct connection to the Fire Department, and a coin/card-operated laundry room for additional income. Apartment interiors feature new cabinets, laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless remote-access entry. A true turnkey investment featuring extensive capital improvements, minimal deferred maintenance, and an exceptional unit mix. Ideally situated in Waterbury's desirable Willow Plaza/North End neighborhood, just minutes from Downtown, shopping, dining, public transportation, and convenient access to Route 8 and I-84. One or more of this property's owners is a Real Estate Licensee.
Not your average multifamily! This fully renovated 6-unit investment property has been extensively upgraded with quality improvements. The building is 100% occupied and consists of (6) spacious 2-bed, 1-bath apartments, each approx.. 800 SF. Current rents are below market, providing an excellent value-add opportunity through future rent adjustments. Each apartment has been nicely updated with white cabinetry, durable laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless entry systems with remote owner access. Major mechanical improvements include high-efficiency combi boilers, backup boilers and tankless water heaters for added reliability, plus a smart water meter with automatic leak detection and shutoff to help minimize maintenance concerns. Additional building enhancements include roof approx. 4yrs old, basement sprinkler systems, LED motion-sensor lighting throughout the common areas, security system, and a fire/emergency alarm system with a direct connection to the Fire Department. A coin/card-operated laundry room provides an additional source of income. Conveniently located with easy access to shopping, restaurants, public transportation, Downtown Waterbury, Route 8, and I-84. An exceptional turnkey investment offering strong in-place income, minimal deferred maintenance, and long-term upside. Can be purchased with multiple other buildings. One or more of this property's owners is a Real Estate Licensee.
Discover the possibilities at 47 Leavenworth Street, known as The Leavenworth Professional Center, in the heart of downtown Waterbury. This distinctive commercial property combines architectural character, generous natural light, and flexible interiors suited to a variety of business needs. A striking brick facade, decorative cornice, and expansive windows create a memorable street presence. Inside, a welcoming lobby with paneled detailing and a wood-finished ceiling leads to private offices, conference rooms, reception areas, and larger open workspaces. Select spaces feature exposed brick and views of downtown architecture, while kitchen facilities, multiple restrooms, and an existing vault add functionality and character. The varied layouts offer possibilities for owner-occupants, investors, or buyers exploring adaptive reuse. Conveniently located near municipal offices, restaurants, banking, the Waterbury Green, Palace Theater, and UConn Waterbury, with easy access to I-84, Route 8, bus connections, and the Metro-North station. An opportunity to establish your business, expand your portfolio, or reimagine a distinctive downtown property. Alternative uses and redevelopment are subject to zoning, existing leases, and applicable approvals.
Completely turnkey investment opportunity featuring two separate three-family buildings on one parcel, offering a total of six residential units with a desirable unit mix of (2) 3-bedroom, 1-bath and (4) 2-bedroom, 1-bath apartments. The front building offers 3,140 SF, while the rear building contains 1,648 SF, creating an investment with strong in-place income and minimal deferred maintenance. Apartments have been renovated throughout with new kitchens, durable laminate flooring, updated appliances and fixtures, and keyless entry systems with remote owner access. The roof is approximately 4 years old, further reducing near-term capital expenditure concerns. Additional amenities include an on-site laundry for added income potential and ample off-street parking for tenant convenience. Conveniently located with easy access to Downtown Waterbury, shopping, restaurants, public transportation, Route 8, and I-84. A top-notch investment opportunity for buyers seeking a truly turnkey asset with quality renovations, strong long-term income potential, and virtually no improvement needs. Can be purchased with multiple other buildings. One or more of this property's owners is a Real Estate Licensee.
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 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 as well for 12% CAP rate (pro-forma).
TURNKEY RESTAURANT BUSINESS FOR SALE! EXCELLENT OPPORTUNITY TO TAKE OVER A FULLY EQUIPPED RESTAURANT IN A GREAT LOCATION AT 229 WHITE STONE. APPROXIMATELY 1,000 SQ. FT. SURROUNDED BY NUMEROUS APARTMENT BUILDINGS AND A LARGE RESIDENTIAL POPULATION, PROVIDING EXCELLENT POTENTIAL FOR WALK-IN, TAKEOUT AND DELIVERY BUSINESS. CONVENIENT PARKING AVAILABLE FOR CUSTOMERS. RESTAURANT FEATURES AN EXISTING BUILD-OUT WITH EQUIPMENT INCLUDING ANSUL FIRE-SUPPRESSION SYSTEM, 4-BURNER STOVE, 36" GRIDDLE, 2 OVENS, 3 FRYERS (ONE NEW IN BOX), 2 STEAM TABLES, CAKE/DISPLAY COOLER, SODA MACHINE, COMMERCIAL REFRIGERATION, PREP STATION, 3-BAY SINK, PREP SINK, HAND-WASHING SINK, GREASE TRAP, TABLES AND CHAIRS, PLUS ADDITIONAL EQUIPMENT. GAS HEAT AND CENTRAL AIR. GREAT OPPORTUNITY FOR AN OWNER/OPERATOR, RESTAURANT, TAKEOUT, CAFE, DELI OR OTHER FOOD-SERVICE CONCEPT. BUSINESS AND EQUIPMENT FOR SALE; REAL ESTATE NOT INCLUDED.
$300,000 IN SELLER FINANCING + RENTAL INCOME UPSIDE! At 1900 East Main St, Waterbury, the seller is willing to accept a $300,000 note toward the purchase price INSTEAD of receiving that amount in cash at closing-a major opportunity for buyers seeking seller financing! Combine a primary bank loan with a second-position seller note at 8% interest and a 10-year balloon, subject to lender approval, required buyer equity and agreed terms. This East End mixed-use property features 10 apartments, a grocery storefront and a long-standing bar space. Below-market apartment rents offer potential rental upside as leases and market conditions allow. Eight spacious two-bedroom apartments feature dining rooms, plus two main-level one-bedroom units. Some tenants are long-term residents. Electric baseboard heat is tenant-paid, and coin-operated laundry provides additional income. Highlights include a brand-new rubber membrane roof, a new monitored fire system with hardwired smoke detectors, fire-rated apartment entry doors, emergency lighting, security system and LED lighting. High visibility, foot and vehicle traffic, 12 off-street parking spaces and additional on-street parking enhance its appeal.
9300 square feet warehouse building with 4/5 tenants, located on 4.7 acres. Only low impact uses call agent for details
Solid Block Building - Former National Vending Company - This property has been vacant for 20 years... Just cleaned out and trees cut. Will need extensive remodel including new roof, overhead doors, electrical service, interior fit out and more.. Priced at $38 per square foot.... below land cost. Excellent for contractors or investors. Planning on dividing into two 3,000 square foot units. Owner is a principal in LLC that owns the property. Close to I-84 and RT 8
Excellent investment opportunity to acquire 13 units across two multifamily properties being offered as a package - 66 & 74 Holmes Avenue in Waterbury. This offering provides a strong combination of updated units, existing cash flow, ample off-street parking, and additional value-add potential. The properties are situated on a nice corner lot with good visibility and convenient access. 66 Holmes Avenue consists of 8 units with a desirable mix of four 3-bedroom units, two 2-bedroom units, one 1-bedroom unit, and one studio. The property has undergone extensive improvements, including completely remodeled units and replacement windows. The property offers a strong unit mix with excellent income potential. 74 Holmes Avenue consists of 5 units including one 2-bedroom, three 1-bedroom units, and one studio. Improvements include a roof approximately 2 years old, replacement windows, vinyl siding, and mostly updated units. Some renovation remains, providing an investor with the opportunity to complete improvements, increase rents, and further enhance overall property performance. A diversified unit mix, substantial improvements already completed, ample off-street parking, a desirable corner lot, and significant upside potential. An attractive opportunity for an investor looking to add scale and value to a Waterbury multifamily portfolio. Properties are being offered together as a package. Seller financing may be available for qualified buyers, subject to acceptable terms.
Exceptional mixed-use investment opportunity offering 11,760 SF of income-producing space in Waterbury's highly visible East End. The entire first floor, totaling approximately 6,500 SF, is leased long-term to a well-established and stable pawn shop, providing dependable commercial income. The second floor features three beautifully renovated residential apartments consisting of a 1-bedroom/1-bath unit, a spacious 4-bedroom/2-bath unit, and an oversized 6-bedroom/2-bath unit, creating a diverse unit mix with strong rental appeal. The residential units have been tastefully updated and are well maintained, minimizing deferred maintenance while maximizing tenant demand. High-efficiency COMBI boilers provide both heat and domestic hot water, with all utility costs separately metered and tenant paid. The property features abundant off-street parking, offering excellent accessibility for customers and ample parking for tenants. Situated on a large corner lot, the property benefits from outstanding visibility, steady traffic counts, and convenient access to I-84, Route 8, Downtown Waterbury, shopping, restaurants, and public transportation. Combining stable commercial tenancy with renovated residential units, this is an excellent opportunity for investors seeking reliable cash flow, long-term stability, and future appreciation in one of Waterbury's established commercial corridors. One or more of this property's owners is a Real Estate Licensee.
Commercial Investment Opportunity 500 Bank Street, Waterbury, CT. Turnkey 5-Unit Commercial Plaza 6,582 Sq Ft 8% Cap Rate Exceptional income producing property located in a prime, high-traffic area of Waterbury. This well-maintained 6,582 sq ft commercial building features five fully leased units with established tenants in place, providing immediate and stable cash flow. Pride of ownership is evident throughout the property. 100% occupied Strong 8% cap rate 10 dedicated parking spaces Heavy foot and vehicle traffic Surrounded by thriving local businesses High visibility location Positioned on busy Bank Street, this plaza benefits from excellent exposure and consistent customer flow. The surrounding commercial activity keeps the area active and growing making this an ideal addition to any investor's portfolio. Don't miss this solid, income generating opportunity.
Investment opportunity at 872 Bank Street, Waterbury. This six-unit commercial property is 100% occupied, offering an established and stable income stream. The majority of the units are occupied by long-term tenants, demonstrating tenant retention and providing added stability for a new owner. The property also benefits from separate, tenant-paid utilities, helping minimize operating expenses and providing an efficient ownership structure. Positioned along the well-traveled Bank Street commercial corridor, the property offers strong visibility with an estimated 11,300 vehicles per day and convenient access to I-84, Route 8, Downtown Waterbury, and surrounding commercial districts. The location provides excellent connectivity throughout Greater Waterbury and the surrounding region. The Bank Street corridor features a mix of established retail, service businesses, residential density, and commercial uses, supporting consistent local activity and exposure. On-street parking serves the property. With 100% occupancy, a predominantly long-term tenant base, tenant-paid utilities, and a highly visible location, this building offers an attractive opportunity for an investor seeking a stabilized commercial asset with immediate cash flow. One or more of this property's owners is a Real Estate Licensee.
Expand your investment portfolio with this fully rented package of six condominium units at 379 Perkins Avenue in Waterbury! Long-term tenants are in place in all of the 6 units, with all rents current, offering an established income stream from day one. Current condo and garage rents generate $7,305 per month-or $87,660 annually-with approximately $51,675 in annual net operating income. Each unit offers an identical layout with one bedroom, one full bathroom, approximately 608 square feet of living space, electric heat, and a one-car garage providing additional rental income. Similar condition throughout the units helps simplify ownership, while low HOA fees and a recently replaced roof add to the appeal of this convenient portfolio addition. An attractive opportunity for investors seeking established tenancy, consistent rental income, and the convenience of condo ownership. Sale includes Units 4, 5, 6, 7, 8, and 11, which must be purchased together as one package. All units will be delivered with current tenants in place.
Excellent opportunity in the heart of Downtown Waterbury! This commercial property at 487 Meadow Street offers a highly visible urban location with convenient access to major highways, public transportation, local businesses, restaurants, shopping, and downtown amenities. The property features a substantial multi-level building with flexible space offering a variety of potential commercial, office, retail, or investment uses. Municipal utilities and paved road access add to the convenience. A great opportunity for investors, business owners, or developers looking for a well-located property with excellent potential in Downtown Waterbury. Buyer to perform their own due diligence regarding zoning, permitted uses, and potential development opportunities.
5 Store Fronts!! Excellent commercial opportunity at 69 Meriden Road in Waterbury! This approximately 4,800-square-foot property offers a versatile mix of office and retail space with five separate storefronts, making it an attractive option for investors, owner-users, or businesses seeking multiple income-producing spaces. Situated along highly visible Meriden Road, the property benefits from strong exposure and convenient access to I-84. Five storefronts provide flexibility for multiple tenants, individual business operations, or the opportunity to occupy a portion of the building while generating rental income from the remaining spaces. The property features off-street parking, central air conditioning and central heat, along with supplemental mini-split systems. A new roof was installed in 2020, adding to the property's appeal and reducing a significant near-term capital expense. With approximately 4,800 square feet, multiple storefronts, excellent street visibility, and convenient highway access, 69 Meriden Road presents a compelling opportunity for an investor or owner-user looking to establish or expand their presence in Waterbury. Agent/Owner
Investors take Notice!! Ideal investment property located in Waterbury's East End! With 6 units and 7 garages, this is an official cash cow! Call to schedule showing!
RARE TURNKEY AUTOMOTIVE BUSINESS & INDUSTRIAL PROPERTY OPPORTUNITY! Established auto-wrecking, dealer and auto-parts operation offered for sale together with the real estate, applicable business license, existing inventory, equipment, and improvements. Located on approximately 2.48 acres across two parcels, this property offers an excellent opportunity for an owner-operator, automotive entrepreneur, investor, or established business looking to expand. The approximately 5,860 SF industrial building provides space for automotive parts operations, storage, processing, and business functions. The property has historically operated as an auto wrecking and used auto-parts business, providing an established platform for continued operations, subject to all applicable municipal, state, environmental, and licensing requirements. Sale includes the real estate, business/license, inventory, and equipment, offering a potential buyer the opportunity to acquire an established operation and continue the existing business model rather than starting from the ground up. Ample land provides additional flexibility for vehicle and parts storage, subject to zoning and regulatory approvals. Financial information available to qualified buyers upon request and/or execution of appropriate confidentiality documentation. Buyer to independently verify zoning, permitted uses, licenses, environmental requirements, inventory, equipment, business records, and all applicable governmental approvals.
This mixed use property has 4 apartments located above 2 commercial spaces. One space was used as a restaurant and is still leased. The other storefront is vacant. Two of the apartments are leased, two are vacant (current rent total $4,325) This property is part of a two property portfolio- To be sold together. MLS 24201286- 40 N BEACON ST, WATERBURY - 2 family - see listing for details - BUYER TO DO DUE DILIGENCE - BOTH PROPERTIES TO BE SOLD AS ONE PORTFOLIO
Exceptional 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.
Commercial/industrial space for sale in Waterbury's busy South Leonard area with easy highway access and close to many other successful businesses. This former tool shop in in top notch condition both inside and out, and has 974 square feet of office space and 2509 sq.ft. of industrial space. Brand new gas furnace, newer windows and doors, two 8' garage doors and two 12' garage doors. Make this IG zoned location your new home for your business: towing, oil delivery, plumbing, electrical, machine shop or body shop.
Auto repair business for sale, featuring four bays with lifts on busy Lakewood Road in Waterbury, CT. Business only is for sale, subject to new lease with landlord. DO NOT VISIT SITE AND SPEAK WITH EMPLOYEES. CONTACT AGENT FOR ADDITIONAL INFORMATION.
Looking for a 2 bay garage or want to start a business?Downtown location easy access to highways.Building sold as is.
Rare opportunity to acquire a prominent mixed-use investment property offering both immediate income and significant value add potential. The ground floor is occupied by two established commercial tenants with strong leases in place, providing stable cash flow. The upper three floors are currently empty and present an exceptional redevelopment opportunity, with the highest and best use being conversion to residential apartments. The building features a welcoming vestibule entrance, a fully operable and serviced elevator providing access to all levels, and a recently installed EPDM roof. Investors and developers will appreciate the combination of existing income, substantial upside through residential conversion, and major building improvements already completed. Whether seeking a long-term investment, redevelopment project, or mixed-use asset with future growth potential, this property offers a unique opportunity in a highly desirable location.
Take advantage of exceptional visibility at this well-maintained 2,284 SF office/retail building located on busy Wolcott Street. The handicap-accessible main level features a spacious open area ideal for reception or retail use, along with a conference room, private office, kitchenette, and half bath. The second floor offers additional private offices, a conference area, and another half bath, providing flexible space for a variety of professional or business needs. The third floor boasts a unique cathedral-style office with a comfortable lounging area, creating an inviting workspace filled with character. For those seeking additional space, the adjacent landowner is offering the properties on either side of the building totaling 1.55 acres for $300,000, presenting a rare opportunity for expanded parking or future development. Endless possibilities for business growth in a high-traffic location.
Waterbury is located in Connecticut. Waterbury, Connecticut has a population of 113,783. Waterbury is less family-centric than the surrounding county with 21.67% of the households containing married families with children. The county average for households married with children is 26.84%.
The median household income in Waterbury, Connecticut is $48,787. The median household income for the surrounding county is $75,043 compared to the national median of $69,021. The median age of people living in Waterbury is 37.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 52.1 inches per year, with 37.1 inches of snow per year.
