Homes for sale - 48 Mitchell Avenue, Waterbury, CT 06710

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Dec

2026

Jan

Fri

Jan

Jay Contessa

jcontessa@wpsir.com +1(203) 461-3880

$ 1,700,000

Est. payment | -/mo

16 Beds

16 Baths

11,360 SqFt

Save

$ 1,700,000

Est. payment | -/mo

Save

16 Beds

16 Baths

11,360 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 11,360 sqft

Price per Sqft $149

MLS Listing ID 24146365

Style Units on different Floors,Units are Side-by-Side

Bedrooms 16

Full Baths 16

Year Built 1900

Annual Tax Amount $27,871

Lot Size 6,098 Sqft

Property Sub-Type 5 Family+

Property Description

Amazing investment opportunity in downtown Waterbury's Central Business District. Situated on a corner lot, 48 Mitchell Street is a well-maintained 4-story brick building comprised of sixteen (16) one-bedroom apartments. The property is leased through HUD and a Waterbury Housing Program, providing historically low vacancy and a stable, reliable monthly income stream. Many units have been turned and updated, featuring a combination of vinyl plank and hardwood flooring, along with a variety of kitchen and bathroom improvements throughout. Electric service is separately metered and tenant-paid. Gas is also separately metered, with tenants responsible for cooking gas and hot water usage. Heat is provided by a central, oil-fired system and is owner-paid. The building is equipped with hardwired smoke and carbon monoxide detectors in the basement and common hallways. On-street parking only contributes to a low-maintenance ownership profile. Ideally located within walking distance to Downtown, St. Mary's Hospital, shopping, public transportation, and offering convenient access to nearby highways, this property presents a strong long-term investment.

Location

State CT

County New Haven

Zoning CBD

Rooms

Basement Full, Unfinished

Interior

Heating Hot Water

Cooling Window Unit

Exterior

Exterior Feature Sidewalk, Porch, Gutters, Lighting

Parking Features None

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Corner Lot, Level Lot

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Amanda Faroni-Sheehan • Oxford Realty

GET MORE INFORMATION

Jay Contessa

REALTOR® | Lic# RES.0816734

jcontessa@wpsir.com

+1(203) 461-3880

470 Main Street, Ridgefield, CT, 06877

48 Mitchell Avenue Waterbury, CT 06710

Jay Contessa

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

48 Mitchell Avenue