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28-Unit Apartment Portfolio
For Sale
$3,668,000
Pending

805 Main Street, Watertown, CT 06779

Multi-Family For Sale, Units on different Floors,Units are Side-by-Side, Watertown, CT

Property Size2,688 SF
Lot Size0.16 Acres
Days on Market98

Property Features for 805 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BC
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 2, Basement, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 4, Bathroom 3, Bathroom 2
Basement Full, Unfinished
Lot features City Views, Level Lot
Elementary school Fletcher W. Judson
High school Watertown
Directions GPS Friendly.
Standard status Pending
Size 2,688 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 5244

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public

Building Details

Year built 1909
Architectural style Other
Listing Agency: Brass Moon Realty
Listed By: Levi Judqin · License #REB.0791859
Added: Jun 21 Changed: Sep 20 Last Checked: Sep 26 at 9:06AM
MLS# 24185537

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 28-unit apartment portfolio comprises 8 buildings across 4 tax parcels in Watertown, Connecticut, with a mix of 1-, 2-, and 3-bedroom units. Improvements completed across the holdings include new roofs, siding, and porches, while the majority of apartments have been renovated. The 805 Main Street building is recorded at 2,688 square feet on a 0.16-acre lot. Heating is provided by baseboard systems, with public water and public sewer serving the property.

The portfolio is 96.4% occupied and generates a 7.54% in-place cap rate based on current signed leases. The properties include 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 portfolio is subject to BC zoning.

Key Highlights

  • 28‑unit apartment portfolio spanning 8 buildings and 4 tax parcels
  • Mix of 1-, 2-, and 3‑bedroom apartments
  • New roofs, siding, and porches completed throughout; majority of units renovated

Property Analytics

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Current Use

Shape of Shades HQ Temple

Suggested Use

Top Pick Building Supply HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units
96.4%
Occupancy

Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight-building multifamily portfolio with renovated units, public utilities, and baseboard heating.
Where is this apartment building located?
The property is located at 805 Main Street Watertown, CT.
What is the asking price?
The asking price for this property is $3,668,000.
What are key features of this property?
This property features: 28‑unit apartment portfolio spanning 8 buildings and 4 tax parcels; Mix of 1-, 2-, and 3‑bedroom apartments; New roofs, siding, and porches completed throughout; majority of units renovated
More about this property
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