473 E Main St Waterbury, CT 06702
Downtown Waterbury NeighborhoodEstimated payment $8,110/month
Total Views
2,986
1
Bed
1
Bath
9,384
Sq Ft
$117
Price per Sq Ft
Highlights
- Property is near public transit
- Public Transportation
- Baseboard Heating
- Porch
- Awning
About This Home
Great investment property in Downtown Waterbury with 9% CAP rate. The building features a first floor commercial space with roughly 3,100 SF. There are 15 apartments above with a unit mix of 12 studios, (2) 1 bed and (1) 2 bed unit. The utilities are all owner paid - electric heat & hot water. There is no laundry in the building, no yard and on-street parking only making this asset minimal maintenance and low expenses. Most of the units are renovated with new flooring, fixtures, paint, kitchens and bath rooms. Rents are below market giving the buyer an opportunity for increased cash flow. Great downtown location is close to the Waterbury Green, public transportation, the mall, highway access, UCONN Waterbury and more.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,044
Year Built
- Built in 1932
Lot Details
- 5,227 Sq Ft Lot
Home Design
- Side-by-Side
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Foundation
- Flat Tile Roof
- Masonry Siding
- Masonry
Interior Spaces
- 9,384 Sq Ft Home
- Awning
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Exterior Lighting
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
Community Details
- 16 Units
- Public Transportation
- Gross Income $194,352
Listing and Financial Details
- Assessor Parcel Number 1383185
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $25,044 | $556,780 | $61,740 | $495,040 |
| 2024 | $27,527 | $556,780 | $61,740 | $495,040 |
| 2023 | $30,172 | $556,780 | $61,740 | $495,040 |
| 2022 | $15,717 | $261,030 | $61,710 | $199,320 |
| 2021 | $15,717 | $261,030 | $61,710 | $199,320 |
| 2020 | $15,717 | $261,030 | $61,710 | $199,320 |
| 2019 | $15,717 | $261,030 | $61,710 | $199,320 |
| 2018 | $15,717 | $261,030 | $61,710 | $199,320 |
| 2017 | $13,261 | $220,240 | $61,720 | $158,520 |
| 2016 | $13,261 | $220,240 | $61,720 | $158,520 |
| 2015 | $12,822 | $220,240 | $61,720 | $158,520 |
| 2014 | $12,822 | $220,240 | $61,720 | $158,520 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | For Sale | $1,100,000 | -- | $117 / Sq Ft |
Source: SmartMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $860,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $370,000 | Commercial |
Source: Public Records
Similar Home in Waterbury, CT
Source: SmartMLS
MLS Number: 24105752
APN: WATE-000296-000072-000005
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