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Courtesy: Amanda R. Faroni-Sheehan - Oxford Realty
This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

325 E Main Street,  Waterbury CT, 06702

(Active)
$2,250,000
|
21 beds, 1 Full baths, 13,552 sqft
|
MLS# 24013082

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Last Updated: 5/5/2024 1:23 AM
Description for 325 E Main Street Waterbury, CT 06702
LOCATION & CASH FLOW in this completely renovated opportunity in a prime downtown location with a bonus for tremendous value add opportunities. This sale consists of 317 & 325 East Main St which includes a 21 Unit brick building and an adjoining mixed-use property with a long standing Mini Mart + 3 approved apartments. The two properties share a large parking area in back with room for approx. 25 cars and detached three-car garage in back. Units are a mix of studios & 1 beds - 100% occupied w/historically low vacancy. Too many features to list including tons of energy efficient updates with a new steam boiler & new heat pump hot water heater. New electrical service, hardwired fire alarm & all LED/sensor lighting throughout. RING security in place, lead certified, fire rated doors, master key & new windows. Units are renovated w/new kitchens, baths, flooring, fixtures, low flow toilets, etc. #317 is occupied by a stable, long term mini mart w/kitchen + 3 approved studio units to be built. Amazing location: Walking Distance to Saint Mary's Hospital and the Waterbury Green + Easy Highway Access & one block to the Police Dept. The buildings give a new owner the opportunity to acquire an income-producing asset with the ability to raise rents with unit turnovers ++ the potential to finish three additional units for even more income.
Price
$2,250,000
New Haven
21
1 Full
13,552 (approx)
24013082
Active
Description
LOCATION & CASH FLOW in this completely renovated opportunity in a prime downtown location with a bonus for tremendous value add opportunities. This sale consists of 317 & 325 East Main St which includes a 21 Unit brick building and an adjoining mixed-use property with a long standing Mini Mart + 3 approved apartments. The two properties share a large parking area in back with room for approx. 25 cars and detached three-car garage in back. Units are a mix of studios & 1 beds - 100% occupied w/historically low vacancy. Too many features to list including tons of energy efficient updates with a new steam boiler & new heat pump hot water heater. New electrical service, hardwired fire alarm & all LED/sensor lighting throughout. RING security in place, lead certified, fire rated doors, master key & new windows. Units are renovated w/new kitchens, baths, flooring, fixtures, low flow toilets, etc. #317 is occupied by a stable, long term mini mart w/kitchen + 3 approved studio units to be built. Amazing location: Walking Distance to Saint Mary's Hospital and the Waterbury Green + Easy Highway Access & one block to the Police Dept. The buildings give a new owner the opportunity to acquire an income-producing asset with the ability to raise rents with unit turnovers ++ the potential to finish three additional units for even more income.
Listing Information
Property Type: Multi-Family, Other
21 1 Full
34 0.4 Acres 13,552 (approx)
1938 Yes-3 spaces Brick
Public
Public Sewer
Neighborhood
School Information
Per Board of Ed Per Board of Ed Per Board of Ed
Room Information
Bathrooms
1
Common Area
Interior Features
Window Unit(s)
Steam
Full
Exterior / Lot Features
3 Garage Spaces, 28 Parking Spaces, Off Street
Brick
Porch
Asphalt
CBD
Level
Driving Directions
Directly on E Main between Maple St & Cherry St
Financial Considerations
1383117
$52,199
Listing Price History

Waterbury Real Estate

Waterbury is located in Connecticut. Waterbury, Connecticut 06702 has a population of 110,296.

The median household income for the surrounding county is $71,777 compared to the national median of $66,222. The median age of people living in Waterbury 06702 is 41 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
4/25/2024 Active $2,250,000  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $44,586   USD 189.37% $822,780   USD 221.51%
2022 $15,408   USD -36.41% $255,910   USD -36.41%
2021 $24,232   USD - $402,460   USD -
2020 $24,232   USD - $402,460   USD -
2019 $24,232   USD - $402,460   USD -
Courtesy: Amanda R. Faroni-Sheehan - Oxford Realty
This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.
This content last refreshed on 5/5/2024 1:23 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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