Back to Search

Turnkey Four-Unit Investment Opportunity

617 Main St, Watertown, CT 06779

View on Map

For Sale

$470,000

Fully occupied 4-unit property with income and upside potential.

Type:Multi Family

HighLights

Strong cash flow from a fully occupied 4‑unit property
Significant upside potential through rent increases
Two units are recently updated
Value‑add opportunity to update remaining units
Located in a high‑demand rental area with easy access to amenities
Turnkey investment property built in 1900

We can help!

Listing Contact

Andi Pengu

Learn more

For Sale

$470,000

Fully occupied 4-unit property with income and upside potential.

Type:Multi Family

Added:: Apr 21, 2026
Days on Market:: 53
Last Refresh:: Apr 21 at 12:21 am

Property Features for 617 Main St

General Information

Standard status: Active
Property subtype: Multi Family

Building Details

Year Built: 1900

We can help!

Listing Contact

Andi Pengu

Listing agent Andi Pengu

Listing office Showcase Realty, Inc

Listing date Apr 21, 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 Showcase Realty, Inc

HighLights

Strong cash flow from a fully occupied 4‑unit property
Significant upside potential through rent increases
Two units are recently updated
Value‑add opportunity to update remaining units
Located in a high‑demand rental area with easy access to amenities
Turnkey investment property built in 1900

Overview

This is a turnkey, fully occupied four-unit investment property. It generates income and offers significant upside potential. Two of the units have been recently updated. The remaining units present a value-add opportunity to increase rents and maximize returns. Current rents are below market, offering immediate potential for increased cash flow. The owner is responsible for gas and water expenses. The property is located in a high-demand rental area with convenient access to shopping, dining, and major roadways. It is suitable for investors seeking a stabilized asset with future growth potential. The property has a walk score of 66, indicating it is somewhat walkable, and a bike score of 22, indicating it is somewhat bikeable.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Watertown
County: Litchfield
State: Connecticut
Longitude: -73.092323
Latitude: 41.5894281

Nearby Similar for Sale

$499,990

2,616 SF

Oakville Triplex: Investor Opportunity

Well-maintained triplex with income potential in Oakville.

254 Davis Street, Watertown, CT 06779

View Details
$470,000

3,514 SF

Watertown Multifamily Investment Opportunity

Turnkey four-unit property with cash flow and upside potential.

617 Main Street, Watertown, CT 06779

View Details
$69,900

588 SF

Retail/Office Condo with Private Bath

Commercial condo in Depot Square Mall with a private in-unit bathroom, suitable for service or professional business use.

51 Depot Street, Watertown, CT 06795

View Details
$995,000

12,500 SF

Watertown Industrial Building For Sale

12,500 SF industrial building ideal for manufacturing or assembly.

184 Commercial St, Watertown, CT

View Details
$499,990

2,616 SF

Well-Maintained Oakville Triplex

Income-producing triplex with renovated unit and long-term tenants.

254 Davis Street, Watertown, CT 06779

View Details
$439,900

Renovated Two-Family Property

Fully renovated two-family property with modern updates and investment potential.

31 Van Orman St, Watertown, CT 06779

View Details
$439,900

2,016 SF

Renovated Two-Family Property

Fully renovated two-family property with modern updates and investment potential.

31 Van Orman Street, Watertown, CT 06779

View Details
Contact for pricing
588 SF

Downtown Watertown Retail/Office Condo

588 SF commercial condo in thriving mixed-use center.

51 Depot Street Unit 106, Watertown, CT 06795

View Details
$850

900 SF

Customizable Retail Space For Sale

900 sq ft retail space with high visibility.

125 Main Street, Watertown, CT 06779

View Details
$69,900

588 SF

Retail/Office Condo in Downtown Watertown

588 SF commercial condo in a thriving mixed-use center.

51 Depot Street #106, Watertown, CT 06795

View Details
$59,000

2,601 SF

Established Pottery and Ceramics Studio

Profitable pottery and ceramics studio with established niche business.

27 Siemon Company Dr, Watertown, CT

View Details

For sale
Quadplexes
CT
Watertown
06779
617 Main St

What type of property is this?

Quadplex - Fully occupied 4-unit property with income and upside potential.

Where is this quadplex located?

The property is located at 617 Main St Watertown, CT.

What is the asking price?

The asking price for this property is $470,000.

What are key features of this property?

This property features: Strong cash flow from a fully occupied 4‑unit property; Significant upside potential through rent increases; Two units are recently updated

617 Main St, Watertown, CT 06779

Fully occupied 4-unit property with income and upside potential.

Property Features for 617 Main St

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Oakville Triplex: Investor Opportunity

Watertown Multifamily Investment Opportunity

Retail/Office Condo with Private Bath

Watertown Industrial Building For Sale

Well-Maintained Oakville Triplex

Renovated Two-Family Property

Renovated Two-Family Property

Downtown Watertown Retail/Office Condo

Customizable Retail Space For Sale

Retail/Office Condo in Downtown Watertown

Established Pottery and Ceramics Studio

FAQs

Create New Password