Don't miss this Brooklyn Center multifamily portfolio consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand.
For sale
$3,960,000
985 Bank Street, Waterbury, CT 06708
3beds
10,052sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$394/sqft
$-- HOA
What's special
- 6 days |
- 172 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Amanda R. Faroni-Sheehan (203)314-4219,
Oxford Realty 203-314-4219
Source: Smart MLS,MLS#: 24168567
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Electric Water Heater
- Laundry: Coin Op Laundry, Common Area
Features
- Basement: Full,Unfinished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 10,052
- Total interior livable area: 10,052 sqft
- Finished area above ground: 10,052
Property
Parking
- Total spaces: 40
- Parking features: Paved, Off Street, Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Sidewalk, Rain Gutters, Lighting
Lot
- Size: 0.83 Acres
- Features: Corner Lot, Level
Details
- Parcel number: 1390158
- Zoning: RH
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
- Brick
- Foundation: Masonry, Stone
- Roof: Asphalt,Flat
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Medical Facilities, Park, Playground, Public Rec Facilities, Near Public Transport, Shopping/Mall
- Subdivision: Brooklyn Center
HOA
- Has HOA: No
Location
- Region: Waterbury
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $692,860
- Annual tax amount: $31,165
- Date on market: 4/20/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $3,960,000-6.8%$394/sqft |
Source:  Smart MLS #24168567 Report a problem | ||
| 4/20/2026 | Listing removed | $4,250,000$423/sqft |
Source: Smart MLS #24150336 Report a problem | ||
| 3/17/2026 | Price change | $4,250,000-5.6%$423/sqft |
Source: Smart MLS #24150336 Report a problem | ||
| 1/21/2026 | Listed for sale | $4,500,000$448/sqft |
Source: Smart MLS #24150336 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$27,105/mo
Principal & interest
$20076
Property taxes
$7029
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Climate risks
Neighborhood: Brooklyn
Nearby schools
GreatSchools rating
- 4/10Duggan SchoolGrades: PK-8Distance: 0 mi
- 1/10John F. Kennedy High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Connecticut
- New Haven County
- Waterbury
- 06708
- Brooklyn
- 985 Bank Street
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Nearby neighborhoods
Nearby zip codes
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