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32810725
32810726

669 E MAIN ST, WATERBURY, CT 06702-1709

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY
$899,900
28 days on market
Updated 28 days ago

8 Unit Mixed-Use | Cash Flow, Close to Downtown Waterbury

Details
APN 029600910060
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building
Square Footage 9,956
Units 8
Cap Rate 6.27%
NOI $56,412
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 8.49%
Pro-Forma NOI $76,400
Price per SqFt $90
Year Built 1928
Year Renovated 2023
Buildings 2
Stories 2
Acreage 0.190
Zoning CG
Ground Lease No

8 Unit Mixed-Use | Cash Flow, Close to Downtown Waterbury

Marketing description

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.

Investment highlights

  • 2 Adjacent Properties
  • 4 Commercial Spaces
  • 4 Apartments: 3 bed Each
  • Separate & Tenant Paid Utilities
  • Parking for Apartments
  • Low Maintenance & Expense
  • Rents Under Market = Strong Upside
  • Close to Downtown & Lots of Amenities

Listing Contacts

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,412.00
$4,701.00/mo

Valuation Metrics

0
DSCR
6.27%
Cap Rate
6.27%
ROI

Map

Zoning

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CBD CommercialCore CommercialCentral Business District
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View all 73 uses
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Amanda Faroni-Sheehan
License
REB.0793328 CT
Brokerage
Oxford Realty
Brokerage Phone
2033144219
Title
Managing Broker
Brokerage Address
151 New Park Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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