9 days on rocket

325 E Main St, Waterbury, CT, 06702

$2,250,000

Home List Price

$10,000*

Closing Credit

21 Bedrooms
1 Full Bath
17,264 SqFt
$130/SqFt
Multi
Schools Nearby

Location

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325 E Main St, Waterbury$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached Garage, Off Street Parking, Unassigned Parking, Unpaved
Garage3 spaces
Year Built1938
HeatingSteam
CoolingWindow Unit(s)
BasementYes
MLS #24013082
Lot Size0.40 Acres
StatusActive

About 325 E Main St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Living Area: 17,264 SqFt

Listing Office:

  • Office Name: Oxford Realty
  • Office Phone: (203) 314-4219
  • Listing Agent: Amanda Faroni-Sheehan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 21

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sidewalk, Porch, Gutters, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached Garage, Off Street Parking, Unassigned Parking, Unpaved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Directly on E Main between Maple St & Cherry St

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
  • Price Per SqFt: $130/SqFt

Tax Information:

  • Annual Amount: $24,232
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Waterbury, CT.

Med. Sold Price

$250.1K

Med. Price/SqFt

$161

# of Sold Homes

70

325 E Main St vs Waterbury

9 DAYS ON ROCKET

$2,250,000

+$1.9M More

$130/SqFt

-$32 Less

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $32/SqFt less than other homes in Waterbury, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24013082

Listing Office:

  • Office Name: Oxford Realty
  • Office Phone: (203) 314-4219
  • Listing Agent: Amanda Faroni-Sheehan

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 02, 2015Home Sold
$825,000

Tax History

YEARPROP. TAXASSESSMENT
2021$24,232$402,460
2020$24,232$402,460
2019$24,232$402,460
2018$24,232$402,460
2017$13,889$230,680

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6327233
3
/10
  • Walsh School

  • 29 Ashley St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-6327234
4
/10
  • Maloney Interdistrict Magnet School

  • 233 S Elm St

  • 0.36 miles

  • Public Magnet Grades PK-5

school-card-donut-6327235
6
/10
  • Brass City Charter School District

  • 33 Wolcott St

  • 0.46 miles

  • Public Charter Grades PK-1

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,583. The most common annual income of people living in Waterbury, CT is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesConnecticutNew Haven CountyWaterbury06702325 E Main St

This home is located at 325 E Main St in Waterbury, CT and zip code 06702. This 17,264 square foot home, which was built in 1938, sits on a 0.40 acre lot. Features: 21 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $2,250,000.

In April 2024, from all listings sold in Waterbury, CT there were more than 46 sold above asking price, over 17 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Waterbury, CT between March 2024 and April 2024 increased by 6.9%.

From Rocket Homes Real Estate and based on county public records data.

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