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617 Main Street

Watertown, CT 06779
  • $470,000
  • STATUS: Active Under Contract
  • ON SITE: 28 Days
  • MLS #: 24156073
Under Contract
UPDATED: 44 min ago
$470,000
  • 8
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,514
    SQFT
  • $134
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
High School:

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.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-05-19T08:10:22.273.
www.timdentteam.com/homes/175598007
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617 Main Street Watertown, CT 06779

  • Price: $470,000
  • Status: Active Under Contract
  • On Site: 28 Days
  • Updated: 44 min ago
  • MLS #: 24156073
8
Beds
0
Baths
0
½ Baths
0.2
Acres
3,514
SQFT
$134
$/SQFT
1900
Built
Neighborhood:
Oakville
County:
Litchfield
Area:
Watertown
Elementary School:
John Trumbull
High School:
Watertown
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.
Exterior Features

Direct Waterfront YN No Driveway Type PrivatePaved Exterior Siding Vinyl Siding Garage And Parking Under House GaragePavedDriveway Lot Description N/A Parking Total Spaces 8 Roof Information Asphalt Shingle Style Units on different Floors Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description Partial Cooling System None Heat Type BaseboardGas on GasRadiant Laundry Room Info All Units Have Hook-Ups Living Area SQFTPer Public Record 0 Sq Ft Est Heated Above Grade 3514 Total Rooms 17 Total Rooms Multi Family 17

Property Features

Agent Owner YN Yes Bank Owned Property No Financing Used Conventional Fixed Foundation Type Masonry Heat Fuel Type ElectricNatural Gas Home Owners Assocation No Home Warranty Offered YN No Hot Water Description Natural GasElectricDomestic40 Gallon Tank New Construction Type No/Resale Potential Short Sale No Property Sub Type 4 Family Sewage System Public Sewer Connected Tax Year July 2025-June 2026 Total Number Of Units 4 Under Agreement Yn No Water Source Public Water Connected Zoning BG

Listing information © 2026 Smart MLS
Listing provided courtesy of Andi Pengu of Showcase Realty, Inc.: (860) 274-7000.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-05-19T08:10:22.273.
 
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Tim Dent Team | Coldwell Banker Realty
398 Main Street
Ridgefield CT, 06877