985 Bank Street, Waterbury, CT 06708 (MLS # 24168567)
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Don't miss this Brooklyn Center multifamily portfolio consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/20/2026 |
|---|---|---|---|
| YEAR BUILT | 1920 | COUNTY | New Haven |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Per Board of Ed |
|---|---|
| High School | Per Board of Ed |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Hot Water, Natural Gas |
| LOT | 0.83 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level |
| PARKING | Paved, Off Street, Driveway |
| SEWER | Public Sewer |
| STYLE | Units are Side-by-Side, Units on different Floors |
| TAXES | 31165 |
| WATER | Public |
| ZONING | RH |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing courtesy of Oxford Realty
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This IDX solution is (c) Diverse Solutions 2026.