48 Mitchell Ave Waterbury, CT 06710
Village of Waterbury NeighborhoodEstimated payment $11,016/month
Highlights
- Property is near public transit and shops
- Public Transportation
- Hot Water Heating System
- Porch
- Hot Water Circulator
About This Home
Amazing investment opportunity in downtown Waterbury's Central Business District. Situated on a corner lot, 48 Mitchell Street is a well-maintained 4-story brick building comprised of sixteen (16) one-bedroom apartments. The property is leased through HUD and a Waterbury Housing Program, providing historically low vacancy and a stable, reliable monthly income stream. Many units have been turned and updated, featuring a combination of vinyl plank and hardwood flooring, along with a variety of kitchen and bathroom improvements throughout. Electric service is separately metered and tenant-paid. Gas is also separately metered, with tenants responsible for cooking gas and hot water usage. Heat is provided by a central, oil-fired system and is owner-paid. The building is equipped with hardwired smoke and carbon monoxide detectors in the basement and common hallways. On-street parking only contributes to a low-maintenance ownership profile. Ideally located within walking distance to Downtown, St. Mary's Hospital, shopping, public transportation, and offering convenient access to nearby highways, this property presents a strong long-term investment.
Listing Agent
Oxford Realty Brokerage Phone: (203) 314-4219 License #REB.0793328 Listed on: 12/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,871
Year Built
- Built in 1900
Home Design
- Side-by-Side
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Flat Tile Roof
- Masonry Siding
- Masonry
Interior Spaces
- 11,360 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Full Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
- Porch
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Oil
- Hot Water Circulator
- Fuel Tank Located in Basement
Additional Features
- 6,098 Sq Ft Lot
- Property is near public transit and shops
Community Details
- 16 Units
- Public Transportation
- Gross Income $214,512
Listing and Financial Details
- Assessor Parcel Number 1379435
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | Pending | -- | -- | -- |
| 02/11/2026 02/11/26 | Price Changed | $1,600,000 | -5.9% | $141 / Sq Ft |
| 12/29/2025 12/29/25 | For Sale | $1,700,000 | -- | $150 / Sq Ft |
Source: SmartMLS
MLS Number: 24146365
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 34 Mitchell Ave
- 37 Central Ave
- 23 Pine St
- 133 Hillside Ave
- 227 Hillside Ave
- 48 Waterville St
- 232 Hillside Ave
- 124 Pine St
- 135 Prospect St
- 0 N Main St
- 57 Ridgewood St
- 19 Manhan St
- 22 Ridgewood St
- 18 Ridgewood St
- 26 Trowbridge St
- 134 Chestnut Ave
- 28 Trowbridge St
- 37 Manhan St
- 17 Bronson St
- 23 Plaza Ave
Ask me questions while you tour the home.