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701 South Main Street, Waterbury, CT 06706

Multi-Family For Sale · 5 Family+

$2,700,000
$349/sqft

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9
Bedrooms
3
Bathrooms
7,728
Sq Ft
0.12
Acres
1900
Year Built

About This Home

Truly turn-key portfolio opportunity in Waterbury's South End, offering strong in-place cash flow with upside. 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 potential through continued stabilization and rent increases.

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

Listing Snapshot

Price $2,700,000 Days on Market 36 days
Property Tax $14,443/yr Style Units on different Floors,Units are Side-by-Side
Year Built 1900 Total Sq Ft 7,728
Lot Size 0.12 acres HOA Fees N/A
Bedrooms 9 Full Bathrooms 3
Total Rooms 15 Half Baths 0

Key Features

Outdoor
  • Sidewalk
  • Gutters
  • Lighting
  • Patio
Nearby
  • Medical Facilities
  • Park
  • Playground/Tot Lot
  • Public Rec Facilities
  • Public Transportation

Structure & Parking

Construction Frame
Roof Asphalt Shingle,Flat
Garage Type Off Street Parking, Driveway, Unpaved

Systems & Utilities

Heat Baseboard, Hot Air
Fuel Electric, Natural Gas
Cooling Window Unit
Hot Water Electric, 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 $1,204/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Feb 11, 2026 Listed $2,700,000

Frequently Asked Questions

How much does 701 South Main Street in Waterbury, CT cost?
This property is listed at $2,700,000, which works out to $349 per square foot.
How many bedrooms does 701 South Main Street have?
This home has 9 bedrooms and 3 bathrooms.
What is the square footage of 701 South Main Street?
The home is 7,728 square feet, situated on 0.12 acres.
When was 701 South Main Street in Waterbury built?
This property was built in 1900.
Is 701 South Main Street, 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 701 South Main Street, 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 701 South Main Street, 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# 24153813 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Mar 6, 2026 8:20 PM UTC