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731 South Main

Waterbury, CT 06706

11 beds
5 baths
4,128 sqft
3,049 sqft lot
$151 per sqft
1895 build
– on site

Here is the money maker you have been looking for. The monthly rent roll is $6,800/mo. The gross annual rent is $81,600 a year. The gross annual return on investment is 13.1 percent. Try to get that kind of return in your money market account or your 401k! The building is comprised of Three 3 bedroom units and 2 store fronts. The interior and exterior of the building as well as all of the apartments have been fully remodeled and are rented. The left side store front is currently in the process of being remodeled. This space has been rented for $1,000/mo (tenant will take occupancy once the renovations are complete). The right side store front is also currently in the process of being remodeled. This space has been rented for $1,100/mo. (tenant will take occupancy once the renovations are complete). The 1st floor unit pays $1,500/mo. The 2nd floor unit pays $1,600/mo. The 3rd floor unit pays $1,600/mo. The furnaces and hot water heaters are new. All utilities are separately metered. The tenants pay their own gas and electric. If you are looking for a solid investment with an excellent ROI, you found it here!

Listing courtesy of SMART_MLS / Rob Clermont / Clermont Real Estate

Last checked: Checking… • Last updated Nov 2, 2024 •

MLS# 24056862 —

The Building

Year Built:

1895
Year Built Source:

Owner
New Construction Type:

No/Resale
Style:

Other
Roof Information:

Shingle
Attic:

Yes
Attic Description:

Unfinished, Pull-Down Stairs
Exterior Siding:

Vinyl Siding
Foundation Type:

Brick
Basement Description:

None
SqFt Total:

4128
SqFt Est Heated Above Grade:

4128

Location

Directions:

GPS Friendly
Neighborhood:

South End

The Property

Parcel Number:

1388641
Property Type:

Multi-Family For Sale
Property Subtype:

5 Family+
Zoning:

CG
Acres:

0.07
Acres Source:

Public Records
Lot Description:

City Views

Listing Agent

Contact info:

Taxes

Tax Year:

July 2024-June 2025
Property Taxes:

13989

Beds

Beds Total:

11

Baths

Total Baths:

5
Full Baths:

3
Half Baths:

2

The Listing

Home Warranty Offered:

No

Heating & Cooling

Heat Type:

Hot Air
Heat Fuel Type:

Natural Gas
Cooling System:

None

Utilities

Water Source:

Public Water Connected
Sewage System:

Public Sewer Connected

Schools

Elementary School:

Per Board of Ed
High School:

Per Board of Ed

The Community

Swimming Pool:

No
Direct Waterfront:

No
Waterfront Description:

Not Applicable

Parking

Garage/Parking:

None, On Street Parking, Off Street Parking, Driveway
Parking Total Spaces:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/29/24 Oct 29, 2024	Listed / Active	SMART_MLS	$625,000

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This multifamily located in Washington Hill, Waterbury, CT 06706 is currently for sale for $625,000. 731 South Main is a 4,128 square foot multifamily with 11 beds and 5 baths that has been on Estately for 23 days. 731 South Main is in the Washington Hill neighborhood of Waterbury and has a WalkScore® of 75, making it very walkable. This multifamily is in the attendance area of West Side Middle School, Washington School, and John F. Kennedy High School.

Listing Courtesy of: SMART_MLS and Clermont Real Estate.

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