617 Main St, Watertown, CT 06779
- $485,000
- 8
- BD
- 3,514
- SqFt
- Sold Price
- $485,000
- List Price
- $470,000
- Status
- CLOSED
- MLS#
- 24156073
- Closing Date
- Jun 23, 2026
- Year Built
- 1900
- Bedrooms
- 8
- Acres
- 0.20
- Living Area
- 3,514
- Neighborhood
- Oakville
Property Description
Turnkey 4-unit investment opportunity with strong cash flow and significant upside. This fully occupied property produces income and features two recently updated units. The remaining units present an excellent value-add opportunity to increase rents and maximize returns. Current rents are below market, offering immediate potential for increased cash flow. Owner pays gas and water. Ideal for investors seeking a stabilized asset with future growth potential. Located in a high-demand rental area with easy access to shopping, dining, and major roadways. A rare opportunity to acquire a performing multi-family with both stability and upside.
Additional Information
- Taxes
- $8,853
- Lot Size
- 8,712
- Heating
- Baseboard, Natural Gas, Radiant
- Cooling System Type
- None
- Water Source
- Public
- Basement
- Partial
- Garage Spaces
- 2
- Parking Spaces
- 8
- Elementary School
- John Trumbull
- High School
- Watertown
Mortgage Calculator
Listing courtesy of Andi Pengu from Showcase Realty, Inc.. (203) 841-9040 (860) 274-7000
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