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8 Units | Cash Flow, Close to Downtown 2 Retail Properties Offered at $1,237,326 CAD in Waterbury, CT



Investment Highlights
- 2 Adjacent Buildings
- 4 Apartments: All 3 Bed Units
- Off-Street Parking for Apartment Tenants
- 4 Commercial Spaces
- Separate & Tenant Paid Utilities
- Rents Below Market = Big Upside!
Executive Summary
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.
Property Facts
| Price | $1,237,326 CAD | Number of Properties | 2 |
| Price / SF | $119.94 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.27% | Total Building Size | 10,316 SF |
| Sale Type | Investment | Total Land Area | 0.25 AC |
| Status | Active |
| Price | $1,237,326 CAD |
| Price / SF | $119.94 CAD / SF |
| Cap Rate | 6.27% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,316 SF |
| Total Land Area | 0.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 669 E Main St, Waterbury, CT 06702 | Retail | 7,731 SF | 1928 | - |
| 651 E Main St, Waterbury, CT 06702 | Retail | 2,585 SF | 1924 | - |
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8 Units | Cash Flow, Close to Downtown
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