USACTWatertownN/a805 Main St
Listing image | Image 1

805 Main St, Watertown, CT

House

For Sale

Listed price in listed location currency (USD).
$3,668,000

730

MLS® 24185537

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2688 sqft
Garage 
Taxes $5,244
Days Active 0
Lot Size 0.16 Acres
Approx. Age 1909
Avg. Price Per Sqft $1,364
MLS® Number 24185537

Property Address: 805 Main St, Watertown, CT, 06779-1934

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

Description

Rare opportunity to acquire a well-maintained 28-unit multifamily portfolio spanning 8 buildings across 4 tax parcels in Watertown, CT. The portfolio includes 15 Pythian Ave, 20 Pythian Ave, 28, 38, 48, 58 and 68 Atwood Court, and 805 Main St. Under single ownership for five years, the current owner has completed significant capital improvements including new roofs, siding, and porches throughout, with the majority of units already renovated. At 96.4% occupancy, long-term tenants have kept rents below market, creating immediate upside as units turn over. Current rents generate $32, 665/month across a diversified mix of 1, 2, and 3 bedroom units. At $3, 668, 000 ($131K/door), the property delivers a 7.54% in-place cap rate on current signed leases. Watertown boasts a median household income of $103, 200, well above neighboring Waterbury, supporting strong and consistent rental demand. Quiet, private setting within walking distance to local retail. Simple 4-parcel closing structure. Turnkey value-add with the heavy lifting already done.
MLS® Number24185537
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1909
BasementFull, Unfinished
Driveway
Garage Spaces
HeatElectric, Baseboard
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 21, 2026List Date
$3,668,000List Price
  • Commute

Commute

Starting Address
Destination Address
805 Main St, Watertown, CT

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