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Watertown Multifamily Investment Opportunity

617 Main Street, Watertown, CT 06779

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For Sale

Under Contract

$470,000

MULTI_FAMILY - Watertown, CT

Property size:

3,514 SF

Lot size:

0.20 Acres

Price / SF:

$133/SF

Listing Contact

Andi Pengu

HighLights

Fully occupied 4‑unit investment property with multiple bedrooms per unit and a basement
Two units recently updated, with the remaining units offering value‑add to increase rents
Public water and public sewer
Heating includes radiant, natural gas, and baseboard
Owner pays gas and water
Year built: 1900

For Sale

Under Contract

$470,000

MULTI_FAMILY - Watertown, CT

Property size:

3,514 SF

Lot size:

0.20 Acres

Price / SF:

$133/SF

Added:: Apr 21, 2026
Days on Market:: 51
Last Refresh:: Jun 10 at 4:06 pm

Property Features for 617 Main Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: BG
Bedrooms: 8
Rooms: Bedroom 1, Bedroom 6, Bedroom 3, Basement, Bedroom 7, Bedroom 8, Bedroom 2, Bedroom 5, Bedroom 4
Parking: 8
Basement: Partial
Standard status: Active Under Contract
Size: 3,514 SF
Lot size: 0.20 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 8853

Utilities

Sewer type: Public Sewer
Heating system: Radiant, Natural Gas, Baseboard
Water source: Public

Building Details

Year built: 1900
Architectural style: Other

We can help!

Listing Contact

Andi Pengu

Listing agent Andi Pengu

Listing office Showcase Realty, Inc. 216 Davis Street, Oakville, CT

Listing date Apr 21, 2026

MLS# 24156073 Listing URL

HighLights

Fully occupied 4‑unit investment property with multiple bedrooms per unit and a basement
Two units recently updated, with the remaining units offering value‑add to increase rents
Public water and public sewer
Heating includes radiant, natural gas, and baseboard
Owner pays gas and water
Year built: 1900

Overview

This is a four-unit investment property situated in Watertown, CT. The property, with a building size of 3,514 square feet on a 0.2-acre lot, is fully occupied and offers a strong cash flow with significant upside. 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. The property is located in a high-demand rental area with easy access to shopping, dining, and major roadways. The zoning is BG. It is suitable for investors seeking a stabilized asset with future growth potential.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Watertown
County: Litchfield
State: Connecticut
Longitude: -73.092313
Latitude: 41.589425

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For sale
Quadplexes
CT
Watertown
06779
617 Main Street

What type of property is this?

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

Where is this quadplex located?

The property is located at 617 Main Street 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: Fully occupied 4‑unit investment property with multiple bedrooms per unit and a basement; Two units recently updated, with the remaining units offering value‑add to increase rents; Public water and public sewer

617 Main Street, Watertown, CT 06779

MULTI_FAMILY - Watertown, CT

Property Features for 617 Main Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Oakville Triplex: Investor Opportunity

Retail/Office Condo with Private Bath

Watertown Industrial Building For Sale

Well-Maintained Oakville Triplex

Renovated Two-Family Property

Renovated Two-Family Property

Turnkey Four-Unit Investment Opportunity

Downtown Watertown Retail/Office Condo

Customizable Retail Space For Sale

Retail/Office Condo in Downtown Watertown

Established Pottery and Ceramics Studio

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