25
See all 25 photos
$2,750,000
Est. payment /mo
6 Beds
3 Baths
26,948 SqFt
New
343 West Main Street Waterbury, CT 06702
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 26,948 sqft
Price per Sqft $102
MLS Listing ID 24151498
Style Units on different Floors,Units are Side-by-Side
Bedrooms 6
Full Baths 3
Year Built 1900
Annual Tax Amount $64,291
Lot Size 0.420 Acres
Property Sub-Type 5 Family+
Property Description
Exceptional mixed-use investment opportunity Downtown featuring three contiguous parcels totaling 0.42 acres with 26,948 SF of GLA. The offering includes two mixed-use buildings (343-367 West Main St & 495 Meadow St, Waterbury) plus a 31-car parking lot (367 West Main St), providing strong infrastructure for both residential and commercial tenancy. The property consists of 6 ground-level commercial units with stable, long-term tenants, and 21 residential apartments with a unit mix of (3) one-bedroom, (16) two-bedroom, and (2) three-bedroom units. Residential occupancy has historically remained high, reflecting consistent rental demand. Many units have been updated with modern flooring, fixtures, renovated kitchens, and baths. Capital improvements include a newer flat rubber roof, vinyl replacement windows, and mostly newer high-efficiency gas boilers. Utilities are separately metered and tenant-paid, helping to minimize owner expenses. A building-wide fire prevention system further enhances safety and compliance. This well-maintained asset combines diversified income streams, strong parking capacity, and proven occupancy performance, making it a compelling addition to any investment portfolio. Ideally situated with convenient access to I-84 and Route 8, the property is close to Downtown, the UCONN Waterbury campus, shopping, restaurants, and public transportation, making it highly attractive to both residential and commercial tenants.
Location
State CT
County New Haven
Zoning CBD
Rooms
Basement Full, Unfinished
Interior
Heating Hot Air
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Porch, Lighting
Parking Features Off Street Parking
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Corner Lot, Level Lot
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Amanda Faroni-Sheehan • Oxford Realty
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