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.
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Zillow last checked:
Listing updated:
Listed by:
Amanda R. Faroni-Sheehan(203)314-4219,
Oxford Realty203-314-4219
Source: Smart MLS,MLS#: 24192750
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6
Heating
Gas on Gas, Forced Air, Natural Gas
Cooling
Window Unit(s)
Appliances
Included: Gas Water Heater, Tankless Water Heater
Features
Basement: Full,Unfinished
Attic: None
Has fireplace: No
Interior area
Total structure area: 11,760
Total interior livable area: 11,760 sqft
Finished area above ground: 11,760
Property
Parking
Total spaces: 20
Parking features: Paved, Off Street, Driveway, Private
Has uncovered spaces: Yes
Lot
Size: 0.43 Acres
Features: Corner Lot
Details
Parcel number: 1386884
Zoning: RM
Construction
Type & style
Home type: MultiFamily
Architectural style: Units on different Floors,Units are Side-by-Side
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Vinyl Siding
Foundation: Masonry, Stone
Roof: Asphalt,Flat
Condition
New construction: No
Year built: 1965
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Medical Facilities, Park, Playground, Public Rec Facilities, Near Public Transport, Shopping/Mall
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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