Under Contract

48 Mitchell Avenue

Waterbury, CT 06710
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Bed 16

Bed

Bath 16

Bath

SqFt11,360

Sqft

Acres0.14

Acre(Lot)

Amazing investment opportunity in downtown Waterbury's Central Business District. Situated on a corner lot, 48 Mitchell Street is a well-maintained 4-story brick building comprised of sixteen (16) one-bedroom apartments. The property is leased through HUD and a Waterbury Housing Program, providing historically low vacancy and a stable, reliable monthly income stream. Many units have been turned and updated, featuring a combination of vinyl plank and hardwood flooring, along with a variety of kitchen and bathroom improvements throughout. Electric service is separately metered and tenant-paid. Gas is also separately metered, with tenants responsible for cooking gas and hot water usage. Heat is provided by a central, oil-fired system and is owner-paid. The building is equipped with hardwired smoke and carbon monoxide detectors in the basement and common hallways. On-street parking only contributes to a low-maintenance ownership profile. Ideally located within walking distance to Downtown, St. Mary's Hospital, shopping, public transportation, and offering convenient access to nearby highways, this property presents a strong long-term investment.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,600,000

AD Id : 71640410

MLS Id : 24146365

Beds : 16

Lot Size : 0.14 Acre

Living Area Size : 11,360

Year Built : 1900

County : New Haven

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Feature Features

  • Bedroom Information

    Total beds: 16

    Bathroom Information

    Total Baths: 16 Full Baths: 16

    Room Information

    Rooms Total: 48 Has Basement: Yes Basement: Full, Unfinished
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Hot Water Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1900 Building Area Total: 11360 Construction Materials: Brick Patio And Porch Features: Porch Private Pool: No

  • Lot Information

    Lot Size Acres: 0.14 Lot Description: Corner Lot, Level

  • Listing Price Information

    Listing Price: $1600000 Original Price: $1700000

  • Tax Information

    Parcel Number: 1379435 Annual Tax: $27871

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: corner of (lower) Willow and Mitchell Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
135 Prospect Street, Waterbury, CT, 06710 $895,000 13 9 4,729 4,729 SqFt
124 Pine Street, Waterbury, CT, 06710 $749,000 6 6 3,676 3,676 SqFt
133 Hillside Avenue, Waterbury, CT, 06710 $1,149,900 13 11 5,934 5,934 SqFt
34 Mitchell Avenue, Waterbury, CT, 06710 $549,900 14 4 3,754 3,754 SqFt
35 Frederick Street, Waterbury, CT, 06710 $350,000 8 3 3,088 3,088 SqFt
81 Robert Street, Waterbury, CT, 06710 $299,900 3 2 1,440 1,440 SqFt
37 Plaza Avenue, Waterbury, CT, 06710 $429,900 10 3 3,401 3,401 SqFt
46 Plaza Avenue, Waterbury, CT, 06710 $475,000 11 3 3,592 3,592 SqFt
76 Chapman Avenue, Waterbury, CT, 06710 $299,900 8 3 2,909 2,909 SqFt

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 06/09/2026 @ 22:38

MLS: 24146365 LISTED BY: Amanda Faroni-Sheehan, Oxford Realty SOURCE: SmartMLS

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