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$485,000
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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.
Full Property Details
Full Property Details for 617 Main St
General
- Sold For: $485,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24156073
- Added to Site: 67 day(s) ago
Interior
- Number of Rooms: 17
Rooms
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: All Units Have Hook-Ups
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 8
- Parking: Under House Garage, Paved, Driveway
Location
- County: Litchfield
- Neighborhood: Oakville
- Driving Directions: Per GPS
School Information
- Elementary School: John Trumbull
- High School: Watertown
Community
- Community Name: Oakville
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas on Gas, Radiant, Electric, Natural Gas
- Heating Fuel: Electric, Natural Gas
- Water Heater: Natural Gas, Electric, Domestic, 40 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Partial
- Roof: Asphalt Shingle
- Square Feet: 3,514
- Above Ground: 3,514 Sq. Ft.
- Year Built: 1900
Unit Information
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.2
- Driveway/Sidewalk: Private, Paved
- Zoning: BG
- Lot Description: N/A
Financial Considerations
- Assessment Amount: $294,700
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 914365
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Schools
Schools serving 617 Main St
School District:Watertown School District
| Name | Grades | Distance |
|---|---|---|
Polk School 435 Buckingham St., Watertown, CT 06779 | 3-5 | 0.7 mi |
John Trumbull Primary School 779 Buckingham St., Watertown, CT 06779 | PK-2 | 1.1 mi |
Swift Middle School 250 Colonial St., Watertown, CT 06779 | 6-8 | 0.2 mi |
Watertown High School 324 French Street, Watertown, CT 06795 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 617 Main St
Date
Details
Price
Change
Source
6/23/2026
Sold
$485,000
3.19%
MLS
4/19/2026
Listed
$470,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
617 Main Street, Watertown, CT 06779 (MLS# 24156073) is a Multi-Family property that was sold at $485,000 on June 23, 2026. This property was sold by Erik Vazquez from our North Haven Hamden Regional Office Office.Want to learn more about 617 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Watertown? You can browse all Watertown real estate or contact a Coldwell Banker agent to request more information.


