multifamily
872 Bank Street
Waterbury, Connecticut 6708
Price
$550,000
Price/SF
$103.38/SF
Building Size
5,320 SF
Lot Size
0.14 acres
Year Built
1900
NOI
$41,053
Units
6
Property Description
Investment opportunity at 872 Bank Street, Waterbury. This six-unit commercial property is 100% occupied, offering an established and stable income stream. The majority of the units are occupied by long-term tenants, demonstrating tenant retention and providing added stability for a new owner. The property also benefits from separate, tenant-paid utilities, helping minimize operating expenses and providing an efficient ownership structure. Positioned along the well-traveled Bank Street commercial corridor, the property offers strong visibility with an estimated 11,300 vehicles per day and convenient access to I-84, Route 8, Downtown Waterbury, and surrounding commercial districts. The location provides excellent connectivity throughout Greater Waterbury and the surrounding region. The Bank Street corridor features a mix of established retail, service businesses, residential density, and commercial uses, supporting consistent local activity and exposure. On-street parking serves the property. With 100% occupancy, a predominantly long-term tenant base, tenant-paid utilities, and a highly visible location, this building offers an attractive opportunity for an investor seeking a stabilized commercial asset with immediate cash flow.
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Additional Details
Zoning
CG
MLS Number
24198183
Property ID
3cb2933c-f5ed-4a7b-b5c1-ca1770570950
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MLS Information
MLS#: 24198183
Listed by: Oxford Realty
Agent: Amanda Faroni-Sheehan • (203) 314-4219 • amanda@oxfordrealtyco.com
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
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