Renovated Multifamily Apartment
For Sale
$3,668,000
805 Main St, Watertown, CT 06795
Eight-building residential portfolio with updated exterior components and a mix of one-, two-, and three-bedroom apartments.
Property Size2,688 SF
Price / SF$1,364
Days on Market61
Property Features for 805 Main St
General Information
Standard status
Active
Size
2,688 SF
Property subtype
Residential Income
Occupancy
96%
Financials
Asking Price
$3,668,000
Cap Rate
7.54%
Gross Income
$391,980
Additional Details
Multifamily Units
28
Taxes and HOA fees
Annual Taxes
$5,244
Building Details
Buildings
8
Listing Agency:
Brass Moon Realty
(203) 724-7127
Listed By:
Levi Y. Judqin · License #REB.0791859
(203) 724-7127
Source:
Exprealty
Added: Jun 21
Changed: Aug 18
Last Checked: Aug 19 at 12:30PM
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 multifamily offering comprises 28 apartments distributed among 8 buildings and 4 tax parcels in Watertown, Connecticut. The property includes buildings at 15 Pythian Ave, 20 Pythian Ave, 28, 38, 48, 58, and 68 Atwood Court, plus 805 Main St. The current owner has held the portfolio for five years and completed substantial physical improvements, including new roofs, siding, and porches throughout. Most apartments have also been renovated.
The unit mix includes one-, two-, and three-bedroom residences, with occupancy reported at 96.4%. The properties are within walking distance of local retail and are arranged for a four-parcel closing. The offering provides a consolidated multifamily portfolio across multiple buildings and addresses, with documented exterior upgrades and a largely renovated apartment base.
The unit mix includes one-, two-, and three-bedroom residences, with occupancy reported at 96.4%. The properties are within walking distance of local retail and are arranged for a four-parcel closing. The offering provides a consolidated multifamily portfolio across multiple buildings and addresses, with documented exterior upgrades and a largely renovated apartment base.
Key Highlights
- 28‑unit multifamily portfolio across 8 buildings and 4 tax parcels
- New roofs, siding, and porches completed throughout
- Majority of apartments renovated
Property Analytics
Property Profile
Current Use
Lease Details
28
Residential units
96.4%
Occupancy
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
Demographics for 06795, CT
13,873
Population
5,751
Households
2.4
Avg Household Size
47
Median Age
40%
College-Educated
95%
High-School Grad
25.9 sq mi
ZIP Area
536
Density / Sq Mi
$102,800
Median Household Income
$59,443
Median Earnings
$1,301
Median Rent
$331,200
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 residential portfolio with updated exterior components and a mix of one-, two-, and three-bedroom apartments.
Where is this apartment building located?
The property is located at 805 Main St 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 multifamily portfolio across 8 buildings and 4 tax parcels; New roofs, siding, and porches completed throughout; Majority of apartments renovated
