48 Mitchell Avenue Waterbury, CT 6710
Well-maintained 16-unit apartment building in Waterbury's Central Business District.
Type:Multi-Family / 5 Family+
Property size:
11,360 SF- Added:
- Dec 27, 2025
- Days on Market:
- 113
- Last Refresh:
- Mar 13 at 4:04 pm
Property Features for 48 Mitchell Avenue
General Information
- Standard status
- Active
- Size
- 11,360 SF
- Property subtype
- Multi-Family / 5 Family+
Building Details
- Year Built
- 1900
Listing agent Amanda R Faroni-Sheehan License #REB.0793328 (203) 314-4219
Listing office Oxford Realty (203) 314-4219
Listing date Dec 27, 2025
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Oxford Realty
Overview
Downtown Waterbury Multifamily Investment Opportunity
Located in downtown Waterbury's Central Business District, 48 Mitchell Street is a well-maintained, four-story brick building featuring sixteen one-bedroom apartments. Situated on a corner lot, the property is leased through HUD and a Waterbury Housing Program, which provides historically low vacancy rates and a stable monthly income. Many units have been updated with a combination of vinyl plank and hardwood flooring, along with kitchen and bathroom improvements. 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 contributes to a low-maintenance ownership profile. The property is within walking distance to Downtown, St. Mary's Hospital, shopping, and public transportation, and offers convenient access to nearby highways. The property size is 11360 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.0464805
- Latitude
- 41.5585548
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 16-unit apartment building in Waterbury's Central Business District.
Where is this apartment building located?
The property is located at 48 Mitchell Avenue Waterbury, CT.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Stable, reliable monthly income stream due to HUD and Waterbury Housing Program leases, resulting in historically low vacancy.; Prime location in downtown Waterbury's Central Business District, on a corner lot, within walking distance to amenities.; Sixteen (16) one‑bedroom apartments in a well‑maintained 4‑story brick building.
