325 East Main Street
325 East Main Street
$2,250,000
21
1
17,264
17,264
$130
Description
LOCATION & CASH FLOW in this completely renovated opportunity in a prime downtown location with a bonus for tremendous value add opportunities. This sale consists of 317 & 325 East Main St which includes a 21 Unit brick building and an adjoining mixed-use property with a long standing Mini Mart + 3 approved apartments. The two properties share a large parking area in back with room for approx. 25 cars and detached three-car garage in back. Units are a mix of studios & 1 beds - 100% occupied w/historically...LOCATION & CASH FLOW in this completely renovated opportunity in a prime downtown location with a bonus for tremendous value add opportunities. This sale consists of 317 & 325 East Main St which includes a 21 Unit brick building and an adjoining mixed-use property with a long standing Mini Mart + 3 approved apartments. The two properties share a large parking area in back with room for approx. 25 cars and detached three-car garage in back. Units are a mix of studios & 1 beds - 100% occupied w/historically low vacancy. Too many features to list including tons of energy efficient updates with a new steam boiler & new heat pump hot water heater. New electrical service, hardwired fire alarm & all LED/sensor lighting throughout. RING security in place, lead certified, fire rated doors, master key & new windows. Units are renovated w/new kitchens, baths, flooring, fixtures, low flow toilets, etc. #317 is occupied by a stable, long term mini mart w/kitchen + 3 approved studio units to be built. Amazing location: Walking Distance to Saint Mary's Hospital and the Waterbury Green + Easy Highway Access & one block to the Police Dept. The buildings give a new owner the opportunity to acquire an income-producing asset with the ability to raise rents with unit turnovers ++ the potential to finish three additional units for even more income.
- Listed by Amanda R Faroni-Sheehan • Oxford RealtyP: (203) 314-4219 C: (203) 314-4219 amandafaroni25@gmail.com
Property Details for 325 East Main Street
Basement Description
Full, Unfinished
Direct WaterfrontNo
Garages Number3
NeighborhoodDowntown
StyleUnits on different Floors, Units are Side-by-Side
Garage Parking InfoDetached Garage, Off Street Parking, Unassigned Parking, Unpaved
Swimming PoolNo
Location
LISTING UPDATED: 05/02/2024 06:31 PM
Property Details for 325 East Main Street
Status | Active |
---|---|
MLS # | 24013082 |
Days on Market | 9 |
Taxes | $52,199 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 5 Family+ |
Year Built | 1938 |
Lot Size | 0.40 AC / 17,424 SF |
County | New Haven County |
Location
Building Information for 325 East Main Street
Stories-Residences22Year Built1938Building Size-Lot Size0.40 AC / 17,424 SF
Payment Calculator
$16,629 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 325 East Main Street
Property History for 325 East Main Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 325 East Main Street
Taxable ValueLand$147,000Additions$675,780Total$822,780
Tax Record2023$44,586 ($3,716 / month)
Home Facts
Total Finished SqFt13,552 SqFtAbove Grade Finished SqFt13,552 SqFtUnfinished Basement SqFt3,388 SqFtStories4Lot Size10,454 SqFtStyleMulti-Family Res (5+ Units)Year Built1938Year Renovated1975ZoningCBDCountyNEW HAVENAPNWBRY M:0295 B:0071 L:0070
Schools near 325 East Main Street
This home is within Waterbury School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
H. S. Chase School PublicPK to 5 | ||
West Side Middle School Public6 to 8 | ||
John F. Kennedy High School Public9 to 12 | ||
Waterbury Arts Magnet School (Middle) Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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