28-Unit Apartment
For Lease
$3,668,000
805 Main St, Watertown, CT 06779
Eight-building multifamily portfolio with updated exterior components and most residences renovated.
Space SizeContact for details
Days on Market58
Property Features for 805 Main St
General Information
Standard status
Active
Property subtype
Commercial
Zoning
BC
Taxes and HOA fees
Annual Taxes
$5,244
Building Details
Year Built
1909
Listing Agency:
Brass Moon Realty
(860) 564-8000
Listed By:
Levi Judqin · License #REB.0791859
Source:
Spauldingrealty
Added: Jul 4
Changed: Aug 30
Last Checked: Aug 30 at 1:23PM
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 Brass Moon Realty
Investment Insights
Based on property information with market context.
This 28-unit apartment portfolio comprises 8 buildings distributed across 4 tax parcels in Watertown. The property includes a mix of 1-, 2-, and 3-bedroom residences, with new roofs, siding, and porches completed throughout. Most units have also been renovated. Built in 1909, the portfolio is 96.4% occupied and carries a 7.54% in-place cap rate based on signed leases.
The assets are located at 15 Pythian Ave, 20 Pythian Ave, 28, 38, 48, 58, and 68 Atwood Court, and 805 Main St. The setting is described as quiet and private, with local retail within walking distance. The property is zoned BC and has been held under single ownership for five years.
The assets are located at 15 Pythian Ave, 20 Pythian Ave, 28, 38, 48, 58, and 68 Atwood Court, and 805 Main St. The setting is described as quiet and private, with local retail within walking distance. The property is zoned BC and has been held under single ownership for five years.
Key Highlights
- 28‑unit multifamily portfolio across 8 buildings and 4 tax parcels
- 1-, 2-, and 3‑bedroom apartment mix
- New roofs, siding, and porches completed throughout
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
Demographics for 06779, CT
8,250
Population
3,558
Households
2.3
Avg Household Size
44
Median Age
32%
College-Educated
90%
High-School Grad
3.5 sq mi
ZIP Area
2,357
Density / Sq Mi
$89,353
Median Household Income
$50,525
Median Earnings
$1,292
Median Rent
$248,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-building multifamily portfolio with updated exterior components and most residences renovated.
Where is this apartment building located?
The property is located at 805 Main St Watertown, CT.
What is the lease rate?
The lease rate is $3,668,000.
What are key features of this property?
This property features: 28‑unit multifamily portfolio across 8 buildings and 4 tax parcels; 1-, 2-, and 3‑bedroom apartment mix; New roofs, siding, and porches completed throughout
