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New
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$2,750,000

5 hours ago

6 Bed

3 Bath

20428 sqft

31 Parking

MLS® 24151498

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 20428 sqft
Garage No
Taxes $64,291
Days Active 0
Lot Size 0.42 acres
Approx. Age 1900
Avg. Price Per Sqft $134
MLS® Number 24151498

Property Address: 343 W Main Street, Waterbury, CT, 06702

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number24151498
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.42
Exterior
GarageNo
Approx. Age1900
BasementFull, Unfinished
DrivewayOff Street Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 28, 2026List Date
$2,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
343 W Main Street, Waterbury, CT

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