23 days on rocket

731 S Main St, Waterbury, CT, 06706

$625,000

Home List Price

$7,422*

Closing Credit

11 Bedrooms
3 Full Baths, 2 Partial
4,128 SqFt
$151/SqFt
Multi

Location

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731 S Main St, Waterbury$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone, On Street Parking, Off Street Parking, Driveway
Year Built1895
HeatingForced Air
CoolingNone
ViewCity
MLS #24056862
Lot Size0.07 Acres
StatusActive

About 731 S Main St

Here is the money maker you have been looking for. The monthly rent roll is $6,800/mo. The gross annual rent is $81,600 a year. The gross annual return on investment is 13.1 percent. Try to get that kind of return in your money market account or your 401k! The building is comprised of Three 3 bedroom units and 2 store fronts. The interior and exterior of the building as well as all of the apartments have been fully remodeled and are rented. The left side store front is currently in the process of being remodeled. This space has been rented for $1,000/mo (tenant will take occupancy once the renovations are complete). The right side store front is also currently in the process of being remodeled. This space has been rented for $1,100/mo. (tenant will take occupancy once the renovations are complete). The 1st floor unit pays $1,500/mo. The 2nd floor unit pays $1,600/mo. The 3rd floor unit pays $1,600/mo. The furnaces and hot water heaters are new. All utilities are separately metered. The tenants pay their own gas and electric. If you are looking for a solid investment with an excellent ROI, you found it here!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1895
  • Living Area: 4,128 SqFt

Listing Office:

  • Office Name: Clermont Real Estate
  • Office Phone: (203) 675-6902
  • Listing Agent: Rob Clermont

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City

Parking Information:

  • Attached Garage: No
  • Parking: None, On Street Parking, Off Street Parking, Driveway

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $151/SqFt

Tax Information:

  • Annual Amount: $5,316
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Waterbury, CT.

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Waterbury, CT

City

Med. Sold Price

$265.1K

Med. Price/SqFt

$169

# of Sold Homes

76

731 S Main St vs Waterbury

23 DAYS ON ROCKET

$625,000

+$359.8K More

$151/SqFt

-$18 Less

KEY TAKEAWAY

This property is $359.8K more than the Median Sold Price and $18/SqFt less than other homes in Waterbury, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24056862

Listing Office:

  • Office Name: Clermont Real Estate
  • Office Phone: (203) 675-6902
  • Listing Agent: Rob Clermont

IDXCopyright © 2024 Smart MLS. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 16, 2012Home Sold
$95,000
Sep 30, 1998Home Sold
$26,000
Sep 30, 1998Home Sold
$15,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,316$88,290
2020$5,316$88,290
2019$1,570$26,080
2018$1,570$26,080
2017$5,139$85,350

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-441440
5
/10

  • Washington Elementary School

  • 685 Baldwin St

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-441441
4
/10

  • Maloney Interdistrict Magnet School

  • 233 S Elm St

  • 0.29 miles

  • Public Magnet Grades PK-5

school-card-donut-441442
2
/10

  • Hopeville Elementary School

  • 2 Cypress St

  • 0.82 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,682. The majority of Waterbury, CT residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Waterbury, CT

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Waterbury, CT?

Waterbury's housing market is diverse, offering a range of options from historic colonial homes to more contemporary condominiums and apartment complexes. Single-family homes are prevalent, with a mix of architectural styles that reflect the city's rich history and growth through the 20th century. The homeownership rate in Waterbury is robust, with a significant portion of residents owning their homes, while the remainder of the population resides in rental properties, including multi-family units and high-rise apartments.

What are the advantages of living in Waterbury, CT?

Waterbury is celebrated for its strong sense of community and rich industrial history, which is evident in its architecture and local museums. The city prides itself on its cultural events, including the annual Brass City Brew Fest, which showcases the community's spirit and hospitality. The downtown area, with its historic buildings and public spaces, serves as a hub for community gatherings and cultural activities, reflecting the city's character as a place where tradition and progress coexist.

Are essential services in Waterbury, CT convenient?

The community is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of academic preferences. Waterbury's healthcare infrastructure includes a major hospital that provides a full spectrum of services from emergency care to specialized treatments. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options are plentiful, offering both national chains and local establishments that contribute to the city's unique flavor.

How do Waterbury, CT residents get around?

Waterbury's transportation infrastructure includes a mix of public transit options, with bus services connecting various neighborhoods and key areas within the city. The frequency of these services varies, with some routes offering regular hourly schedules. Ride-sharing services are available, providing additional flexibility for residents and visitors. The city is also connected by a network of roads and highways, making it accessible for those commuting by car. Efforts to enhance walkability and bikeability are ongoing, with certain districts being more pedestrian-friendly and offering safer routes for cyclists.

Rocket Homes›Connecticut›New Haven County›Waterbury›06706›731 S Main St

This home is located at 731 S Main St in Waterbury, CT and zip code 06706. This 4,128 square foot home, which was built in 1895, sits on a 0.07 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $625,000.

Over 43 listings were sold over their listed price in October 2024 in Waterbury, CT. In the same period over 25 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Waterbury, CT between September 2024 and October 2024 increased by 1.1%.

From Rocket Homes Real Estate and based on county public records data.

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