48 Mitchell Ave, Waterbury, CT 06710

Building Details

Year Built

1900

Listing office Oxford Realty a***@oxfordrealtyco.com Show Phone

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Oxford Realty

Report an issue

---

Overview

Located in downtown Waterbury's Central Business District on a corner lot, 48 Mitchell Street is a well-maintained, four-story brick building. The property consists of sixteen 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 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, with convenient access to nearby highways. The location has a bike score of 56, a walk score of 88, and a transit score of 59.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Waterbury

County

New Haven

State

Connecticut

Longitude

-73.0464805

Latitude

41.5585548

Nearby Similar for Sale

• 

  $850,000

  7,510 SF

  Four-Story Restaurant & Bar Building

  Four-story hospitality property with remodeled dining space, currently operating a restaurant and bar in a CBD downtown setting.

  26 N Main Street, Waterbury, CT 06702

  View Details
• 

  $1,100,000

  15,974 SF

  Retail Strip Mall with Multiple Tenants

  Multi-tenant strip mall includes multiple retail and service users with parking for 55 cars.

  1014 Meriden Road, Waterbury, CT 06705

  View Details
• 

  $749,000

  3,676 SF

  Historic Three-Unit Multifamily Building

  Three well-appointed units with updated kitchens, central air, hardwood floors, and separate utilities in an early-1900s property.

  124 Pine Street, Waterbury, CT 06710

  View Details
• 

  $599,500

  3,027 SF

  Three-Unit Multifamily with Detached Garage

  Three-family property with enclosed porches, patio, and a detached 3-car brick garage, plus an included extra lot.

  160 Edson Avenue, Waterbury, CT 06705

  View Details
• 

  $715,000

  4,024 SF

  Mixed-Use Apartment Building with Retail

  Four compact apartments and a street-level retail space, with renovated interiors and systems and unoccupied units ready for leasing.

  49 Hill Street, Waterbury, CT 06704

  View Details
• 

  $715,000

  4,024 SF

  Renovated Mixed-Use Income Property

  Two-building asset combines street-level retail with five compact apartments, with renovations and multiple units ready to rent.

  49 Hill Street, Waterbury, CT 06704

  View Details
• 

  $574,995

  1,668 SF

  Turnkey Renovated Multi-Family Home

  Completely renovated income property with new interiors, kitchens, baths, and updated systems for straightforward occupancy or rental.

  849 Frost Road, Waterbury, CT 06705

  View Details
• 

  $749,900

  5,200 SF

  Waterbury Multifamily Investment Opportunity

  Six renovated units in two buildings with off-street parking.

  38 Green Street, Waterbury, CT 06708

  View Details
• 

  $1,125,000

  5,934 SF

  11-Unit Multifamily Apartment Building

  Eleven separately metered apartments with electric heat and hot water, plus recent roof, siding, and interior updates.

  133 Hillside Avenue, Waterbury, CT 06710

  View Details
• 

  $525,000

  3,754 SF

  Permitted Rooming House with Garage

  Fully occupied 14-unit permitted rooming house with on-site coin laundry and a 5-bay garage.

  34 Mitchell Avenue, Waterbury, CT 06710

  View Details
• 

  $320,000

  3,075 SF

  Renovated 2-Family Income Duplex

  Turnkey duplex with updated 3-bed/1-bath units, separate new mechanicals, and walk-in attic conversion potential.

  57 Ridgewood Street, Waterbury, CT 06710

  View Details
• 

  $279,900

  3,909 SF

  Corner Two-Family Restoration Home

  Two-family property on a corner lot with detached 4-car garage and basement with exterior access, sold as-is.

  76 Chapman Avenue, Waterbury, CT 06710

  View Details

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 Ave 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, St. Mary's Hospital, shopping, and public transportation.; Updated units feature a combination of vinyl plank and hardwood flooring, along with kitchen and bathroom improvements.