Under Contract

617 Main Street

Watertown, CT 06779

$470,000 $1,981/Mo

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Overview

Bed

Bath

3,514

Sqft

0.20

Acre(Lot)

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.

Property Details

Property Type : Residential Income

Price : $470,000

AD Id : 77630097

MLS Id : 24156073

Beds : 8

Lot Size : 0.20 Acre

Living Area Size : 3,514

Year Built : 1900

Garage : 2

County : Litchfield

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Room Information

Rooms Total: 17 Has Basement: Yes Basement: Partial
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Appliances: Electric Water Heater, Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Natural Gas, Baseboard, Radiant Cooling: None

Building Information

Year Built: 1900 Building Area Total: 3514 Construction Materials: Vinyl Siding, Frame Private Pool: No

Lot Information

Lot Size Acres: 0.2

Listing Price Information

Listing Price: $470000

Tax Information

Parcel Number: 914365 Annual Tax: $8853

Parking Information

Parking Total: 8 Paved, Private, Driveway

Garage Information

Has Garage: Yes Garage Space: 2

School Information

Elementary School: John Trumbull

Junior High School:

Senior High School: Watertown
Location Information

Direction: Per GPS WaterSource: Public

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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 06/11/2026 @ 18:39

MLS: 24156073 LISTED BY: Andi Pengu, Showcase Realty, Inc. SOURCE: SmartMLS