Properties

Property Description

Exceptional mixed-use investment opportunity Downtown featuring three contiguous parcels totaling 0.42 acres with 26,948 SF of GLA. The offering includes two mixed-use buildings (343-367 West Main St & 495 Meadow St, Waterbury) plus a 31-car parking lot (367 West Main St), providing strong infrastructure for both residential and commercial tenancy. The property consists of 6 ground-level commercial units with stable, long-term tenants, and 21 residential apartments with a unit mix of (3) one-bedroom, (16) two-bedroom, and (2) three-bedroom units. Residential occupancy has historically remained high, reflecting consistent rental demand. Many units have been updated with modern flooring, fixtures, renovated kitchens, and baths. Capital improvements include a newer flat rubber roof, vinyl replacement windows, and mostly newer high-efficiency gas boilers. Utilities are separately metered and tenant-paid, helping to minimize owner expenses. A building-wide fire prevention system further enhances safety and compliance. This well-maintained asset combines diversified income streams, strong parking capacity, and proven occupancy performance, making it a compelling addition to any investment portfolio. Ideally situated with convenient access to I-84 and Route 8, the property is close to Downtown, the UCONN Waterbury campus, shopping, restaurants, and public transportation, making it highly attractive to both residential and commercial tenants.

Features
Heating System:
Hot Air
Cooling System:
Window Unit
Basement:
Full, Unfinished
Foundation Type:
Masonry, Stone
Heat Fuel Type:
Natural Gas
Exterior Features:
Porch, Lighting, Sidewalk
Exterior Siding:
Brick
Fireplaces Total:
0
Parking Total Spaces:
31
Hot Water Description:
Natural Gas, Tank Size Unknown
Lot Description:
Level Lot, Corner Lot
Water Source:
Public Water Connected
Address Map
Street:
Main
Street Number:
343
Floor Number:
0
Longitude:
W74° 54′ 44”
Latitude:
N41° 35′ 20.3”
Street Dir Prefix:
West
MLS Addon
Office Name:
Oxford Realty
Agent Name:
Amanda Faroni-Sheehan
List Agent MLSID:
FARONIAM
List Office MLSID:
13737
Tax Year:
July 2025-June 2026
Directions:
Corner of West Main & Meadow St
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
1381060
Property Tax:
$64,291
Zoning:
CBD

Multi-family For Sale

343 Main, Waterbury, 06702

6 Bedrooms
3 Bathrooms
26,948 Sqft
$2,750,000
Listing ID #24151498
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24151498
Price :
$2,750,000
Bedrooms :
6
Baths Total :
3
Bathrooms :
3
Half Bathrooms :
0
Square Footage :
26,948 Sqft
Year Built :
1900
Lot Area :
0.42 Acre
City:
Waterbury
Zipcode:
06702
Property Sub Type :
5 Family+
Style :
Units on different Floors,Units are Side-by-Side
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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