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48 Mitchell Avenue, Waterbury, CT 06710

Multi-Family For Sale · 5 Family+

$1,600,000
$141/sqft
48 Mitchell Avenue, Waterbury, CT Active
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16
Bedrooms
16
Bathrooms
11,360
Sq Ft
0.14
Acres
1900
Year Built

About This Home

Amazing investment opportunity in downtown Waterbury's Central Business District. Situated on a corner lot, 48 Mitchell Street is a well-maintained 4-story brick building comprised of sixteen (16) one-bedroom apartments. The property is leased through HUD and a Waterbury Housing Program, providing historically low vacancy and a stable, reliable monthly income stream. Many units have been turned and updated, featuring a combination of vinyl plank and hardwood flooring, along with a variety of kitchen and bathroom improvements throughout. Electric service is separately metered and tenant-paid. Gas is also separately metered, with tenants responsible for cooking gas and hot water usage. Heat is provided by a central, oil-fired system and is owner-paid. The building is equipped with hardwired smoke and carbon monoxide detectors in the basement and common hallways. On-street parking only contributes to a low-maintenance ownership profile. Ideally located within walking distance to Downtown, St. Mary's Hospital, shopping, public transportation, and offering convenient access to nearby highways, this property presents a strong long-term investment.

Listed by Amanda Faroni-Sheehan (203) 314-4219 with Oxford Realty (203) 314-4219

Listing Snapshot

Price $1,600,000 Days on Market 87 days
Property Tax $27,871/yr Style Units on different Floors,Units are Side-by-Side
Year Built 1900 Total Sq Ft 11,360
Lot Size 0.14 acres HOA Fees N/A
Bedrooms 16 Full Bathrooms 16
Total Rooms 48 Half Baths 0

Key Features

Outdoor
  • Sidewalk
  • Porch
  • Gutters
  • Lighting
Nearby
  • Library
  • Medical Facilities
  • Public Rec Facilities
  • Public Transportation
  • Shopping/Mall

Structure & Parking

Construction Brick
Roof Flat

Systems & Utilities

Heat Hot Water
Fuel Oil
Cooling Window Unit
Hot Water Natural Gas, Tank Size Unknown
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
High Per Board of Ed

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $2,323/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Feb 11, 2026 Price Reduced $1,600,000
Dec 29, 2025 Listed $1,700,000

Frequently Asked Questions

How much does 48 Mitchell Avenue in Waterbury, CT cost?
This property is listed at $1,600,000, which works out to $141 per square foot.
How many bedrooms does 48 Mitchell Avenue have?
This home has 16 bedrooms and 16 bathrooms.
What is the square footage of 48 Mitchell Avenue?
The home is 11,360 square feet, situated on 0.14 acres.
When was 48 Mitchell Avenue in Waterbury built?
This property was built in 1900.
Is 48 Mitchell Avenue, Waterbury, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 48 Mitchell Avenue, Waterbury in?
This home is served by the Waterbury public school system, with Per Board of Ed as the elementary school and Per Board of Ed as the high school.
How do I schedule a tour of 48 Mitchell Avenue, Waterbury, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Amanda Faroni-Sheehan · (203) 314-4219

Oxford Realty · (203) 314-4219

MLS# 24146365 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Mar 26, 2026 1:23 PM UTC