USACTWaterburyN/a140 Grand St
Listing image | Image 1

140 Grand St, Waterbury, CT

House

For Rent

Listed price in listed location currency (USD).
$1,395,000

020

MLS® 24186448

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 0
Lot Size 0.05 Acres
Approx. Age 1900
MLS® Number 24186448

Property Address: 140 Grand St, Waterbury, CT, 06702-1943

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Mixed-Use Investment Opportunity | Fully Renovated | Zero Vacancy. 140 Grand Street presents a rare opportunity to acquire a stabilized, cash flowing mixed use asset in the heart of Waterbury. This well maintained property consists of nine residential apartments and one commercial storefront, offering investors immediate income with zero current vacancy and strong in-place cash flow. The residential units have been extensively renovated, featuring updated interiors, modern finishes including mini-splits, and turnkey condition throughout. The commercial space provides additional income diversification while benefiting from excellent visibility and established tenancy. With a current gross annual income of approximately $171, 000 the property delivers strong investment fundamentals and an attractive 8.5 cap. The building is well maintained with a favorable operating expense ratio and requires minimal maintenance, making it an ideal acquisition for both seasoned investors and those seeking a passive income-producing asset. Centrally Located in Downtown Waterbury, this is a true turnkey asset offering immediate cash flow, stable tenancy, and long term appreciation potential in one of Waterbury's established mixed use corridors.
MLS® Number24186448
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
HeatWall Unit
A/CSplit System

Extras

Price History

-End Date
Not Leased YetSold Price

For Rent

Jun 24, 2026List Date
$1,395,000List Price
  • Commute

Commute

Starting Address
Destination Address
140 Grand St, Waterbury, CT

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