493 Meadow Street, Waterbury, CT 06702
Local realty services provided by:CENTURY 21 North East
493 Meadow Street,Waterbury, CT 06702
$2,650,000
- 41 Beds
- 28 Baths
- 6,520 sq. ft.
- Multi-family
- Active
Listed by: vianeliz henriquez(203) 707-7259
Office: sky realty group(860) 638-9748
MLS#:24196449
Source:CT
Price summary
- Price:$2,650,000
- Price per sq. ft.:$406.44
About this home
Exceptional opportunity to acquire a 27-unit mixed-use investment consisting of 21 apartments and 6 retail spaces across two well-maintained brick buildings and one dedicated parking lot. Offered at a solid 8.0 Cap with additional upside rent potential. The unit count, unit mix, and financial information have been recently verified and updated to reflect the current operating performance. The portfolio includes 343 West Main Street, a four-story, 20,428 SF building with 17 apartments (1 one-bedroom, 14 two-bedroom, and 2 three-bedroom units) and 4 fully leased retail spaces, and 493 Meadow Street, a three-story, 6,520 SF building with 4 apartments (2 two-bedroom and 2 three-bedroom units) and 2 fully leased retail spaces. The residential units participate in the Mod Rehab Housing Assistance Program, providing stable occupancy and consistent rental income. The commercial component is occupied by established long-term tenants, including an appliance retailer, tax and insurance agency, bar & grill, salon, and convenience stores. Recent capital improvements include partial roof replacements (2022) and 15 recently replaced high-efficiency heating systems. All residential and commercial units are separately metered, with tenants responsible for their own utilities, helping to minimize landlord operating expenses. A well-maintained, cash-flowing property with a diversified income stream - ready for a new owner to realize the potential!...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:24196449
- Added:45 day(s) ago
- Updated:September 18, 2026 at 12:16 PM
Rooms and interior
- Bedrooms:41
- Total bathrooms:28
- Full bathrooms:22
- Half bathrooms:6
- Rooms Total:88
- Basement Description:Full Basement, Unfinished
- Living area:6,520 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Flat
- Year built:1900
- Building area:6,520 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Corner Lot
- Construction Materials:Brick
Schools
- High school:Per Board of Ed
- Middle school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$2,650,000
- Price per sq. ft.:$406.44
- Tax amount:$10,949 (July 2026-June 2027)
New listings near 493 Meadow Street
- Coming Soon
$530,000Coming Soon7 beds 3 baths2,406 sq. ft.293 Congress Avenue, Waterbury, CT 06708
MLS# 24208052Listed by: Five Stars Realty - Coming Soon
$352,000Coming Soon3 beds 2 baths1,512 sq. ft.24 Bracewood Road, Waterbury, CT 06706
MLS# 24207452Listed by: Dave Jones Realty, LLC - Coming Soon
$250,000Coming Soon2 beds 2 baths1,426 sq. ft.925 Oronoke Road #26G, Waterbury, CT 06708
MLS# 24202878Listed by: Redfin Corporation - New
$360,000Active4 beds 2 baths1,176 sq. ft.82 Sande Avenue, Waterbury, CT 06710
MLS# 24206594Listed by: eXp Realty - New
$347,500Active3 beds 2 baths1,819 sq. ft.29 Revere Street, Waterbury, CT 06708
MLS# 24206913Listed by: William Raveis Real Estate - New
$530,000Active11 beds 5 baths3,988 sq. ft.209 Cooke Street, Waterbury, CT 06710
MLS# 24207926Listed by: eXp Realty - New
$384,900Active4 beds 3 baths1,200 sq. ft.98 Wolcott Street, Waterbury, CT 06705
MLS# 24207871Listed by: Weichert Realtors MRG - New
$300,000Active2 beds 1 baths962 sq. ft.367 Frost Road, Waterbury, CT 06705
MLS# 24206782Listed by: RE/MAX One - New
$499,900Active7 beds 4 baths2,730 sq. ft.113 Green Street, Waterbury, CT 06708
MLS# 24207737Listed by: Oxford Realty - New
$425,000Active6 beds 3 baths2,133 sq. ft.23 Robinson Street, Waterbury, CT 06704
MLS# 24207629Listed by: Oxford Realty