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Property profile

48 Mitchell Ave Waterbury, CT 06710

OFF-MARKET
Apartment buildings
Property ID
US15-0719849
11,360 SF Built 1900
Individually Owned 5-yr Hold
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Property summary

AI-generated overview

48 Mitchell Street is a well-maintained, four-story brick apartment building located on a corner lot in downtown Waterbury’s Central Business District. The property contains sixteen one-bedroom apartments. The building has been updated in many units with vinyl plank and hardwood flooring, and includes kitchen and bathroom improvements. Electric service is separately metered and tenant-paid, while 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, and relies on on-street parking. It is within walking distance of Downtown, St. Mary’s Hospital, shopping, and public transportation, with access to nearby highways.

Property profile

Verified
Property type Apartment buildings
Year built 1900
Total area 11,360 SF
UPID US15-0719849

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

48 Mitchell Ave Waterbury, CT 06710
Waterbury metro
Google Maps

Value estimations

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Owner & transaction history

since 2021
2 recorded transactions
2024
Price N/A
2021
$735,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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