#24096559, Levi Judqin, Listing office: Brass Moon Realty
#24116535·
Listing office: Oxford Realty·
Listing agent: Amanda Faroni-Sheehan·
Listing office phone: (203) 314-4219
$2,750,000 List price
701 S Main St Waterbury, CT 06706
9 beds
3 full
7,728 sqft
0.6 acres
$356 / sqft
Multi-Family
Property details
About 701 S Main St
Truly TURN KEY portfolio opportunity with 8% CAP in the South End almost entirely renovated inside and out! The sale consists of 3 adjacent parcels with 6 buildings = 23 apartments and 2 commercial spaces for a total of 25 units. The unit mix is: (6) 4 bed units, (11) 3 bed units and (6) 2 bed units. 5 Bldgs feature separate, and tenant paid utilities - all electric H, HW & cooking. Bldg 701 has 6 apartments with owner paid gas heat (only), and separate, tenant paid electric + hot water. 5 out of 6 Bldgs have undergone the City of Waterbury de-leading program + plus are completely renovated with new vinyl siding, replacement windows, interior unit updates, updated electrical, new/rebuilt porches and roofs (all in 2017). Majority of the units have hardwood floors throughout, huge layouts, updated kitchens and baths. Historically low vacancy and strong tenant base. There is a common/coin op laundry room in Bldg 691 for all tenants to use. The 2 commercial spaces are separate utilities and need total renovation. There is ample, off-street parking for each property, with a total of over 20 spaces combined. Great location for tenants with easy access to i84 & Rt8. Most of the rents are under market which offers huge UPSIDE potential w/25% ROI/11+% CAP rate.
Highlights
Home typeMulti Family
HeatingBaseboard, Forced Air
StatusActive
CoolingWindow Unit(s)
Size7,728 sqft
BasementYes
Lot size0.55 Acres
Year built1900
ParkingNone, Off Street Parking, Driveway, Unpaved
MLS #24116535
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 9
- Attached Garage: No
- Private Pool: No
- Parking: None, Off Street Parking, Driveway, Unpaved
- Exterior: Sidewalk, Gutters, Lighting, Patio
- Heating: Baseboard, Forced Air
- Cooling: Window Unit(s)
- List Price: $2,750,000
- Price/SqFt: $355
- Annual Tax Amount: $15,875
- Tax Year: 2024
- Lot: Level
- Directions: S Main St between Mill & Bond St.
- Year Built: 1900
- Living Area: 7,728 SqFt
- Lot Size: 0.55 Acres
- MLS Number: 24116535
- Office Name: Oxford Realty
- Office Phone: (203) 314-4219
- Office Email: amanda@oxfordrealtyco.com
- Listing Agent: Amanda Faroni-Sheehan
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/4/2025, 2:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 11, 1989 | Home Sold | $82,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $321,090 | $15,875 |
| 2023 | $321,090 | $17,400 |
| 2022 | $215,740 | $12,990 |
| 2021 | $215,740 | $12,990 |
| 2020 | $215,740 | $12,990 |
| 2019 | $215,740 | $12,990 |
History based on county public records data.
Nearby schools
4
Maloney Interdistrict Magnet School
Public Magnet PK-5
0.3 mi
•233 S Elm St
5
Washington Elementary School
Public District KG-5
0.3 mi
•685 Baldwin St
2
Hopeville Elementary School
Public District KG-5
0.9 mi
•2 Cypress St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,682. Residents of Waterbury, CT typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
79%
<35k
20%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
41%
Single, No Kids
31%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
12%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Burlington
Sam's Club
Where do the neighbors go to eat?
Burger King
Popeyes
Cicis Pizza
What do the neighbors drive?
Buick
Dodge
Pontiac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Waterbury, CT
Waterbury's transportation infrastructure includes a mix of public transit options, with bus services connecting various neighborhoods and key areas within the city. The frequency of these services varies, with some routes offering regular hourly schedules. Ride-sharing services are available, providing additional flexibility for residents and visitors. The city is also connected by a network of roads and highways, making it accessible for those commuting by car. Efforts to enhance walkability and bikeability are ongoing, with certain districts being more pedestrian-friendly and offering safer routes for cyclists.
The community is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of academic preferences. Waterbury's healthcare infrastructure includes a major hospital that provides a full spectrum of services from emergency care to specialized treatments. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options are plentiful, offering both national chains and local establishments that contribute to the city's unique flavor.
Waterbury is celebrated for its strong sense of community and rich industrial history, which is evident in its architecture and local museums. The city prides itself on its cultural events, including the annual Brass City Brew Fest, which showcases the community's spirit and hospitality. The downtown area, with its historic buildings and public spaces, serves as a hub for community gatherings and cultural activities, reflecting the city's character as a place where tradition and progress coexist.
Waterbury's housing market is diverse, offering a range of options from historic colonial homes to more contemporary condominiums and apartment complexes. Single-family homes are prevalent, with a mix of architectural styles that reflect the city's rich history and growth through the 20th century. The homeownership rate in Waterbury is robust, with a significant portion of residents owning their homes, while the remainder of the population resides in rental properties, including multi-family units and high-rise apartments.
About 701 S Main St
The listing price of 701 S Main St property is $2,750,000.
The property 701 S Main St is a multi located in Waterbury, Connecticut, 06706.
Active Listing: 701 S Main St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 701 S Main St are: Maloney Interdistrict Magnet School (GreatSchools Rating 4/10), Washington Elementary School (GreatSchools Rating 5/10), Hopeville Elementary School (GreatSchools Rating 2/10), Duggan PreK-8 School (GreatSchools Rating 3/10), West Side Middle School (GreatSchools Rating 3/10), Jonathan Reed Elementary School (GreatSchools Rating 2/10), Waterbury Arts Magnet School (High) (GreatSchools Rating 6/10), Kennedy High School (GreatSchools Rating 2/10), Waterbury Career Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $15,875 (source: MLS/based on county public records data).
The last sale was on September 11, 1989 for $82,500 (source: MLS/tax record).
The property 701 S Main St is 7,728 SqFt (source: MLS/tax record).
The year of construction for 701 S Main St is 1900.
This home is located at 701 S Main St in Waterbury, CT and zip code 06706. This 7,728 square foot home, which was built in 1900, sits on a 0.55 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 3, 2025 and is currently priced at $2,750,000.
In July 2025 more than 54 listings in Waterbury, CT were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 32 were sold below. Between June and July 2025, Waterbury, CT real estate market has seen increase in the number of listings by 4.4%.
From Rocket Homes Real Estate and based on county public records data.