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$3,668,000
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Property Description
Rare opportunity to acquire a well-maintained 28-unit multifamily portfolio spanning 8 buildings across 4 tax parcels in Watertown, CT. The portfolio includes 15 Pythian Ave, 20 Pythian Ave, 28, 38, 48, 58 and 68 Atwood Court, and 805 Main St. Under single ownership for five years, the current owner has completed significant capital improvements including new roofs, siding, and porches throughout, with the majority of units already renovated. At 96.4% occupancy, long-term tenants have kept rents below market, creating immediate upside as units turn over. Current rents generate $32,665/month across a diversified mix of 1, 2, and 3 bedroom units. At $3,668,000 ($131K/door), the property delivers a 7.54% in-place cap rate on current signed leases. Watertown boasts a median household income of $103,200, well above neighboring Waterbury, supporting strong and consistent rental demand. Quiet, private setting within walking distance to local retail. Simple 4-parcel closing structure. Turnkey value-add with the heavy lifting already done.
Full Property Details
Full Property Details for 805 Main St
General
- Price: $3,668,000
- Taxes: (July 2025-June 2026)
- Status: Under Contract
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24185537
- Updated: 7/10/2026
- Added to Site: 60 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Location
- County: Litchfield
- Driving Directions: GPS Friendly.
School Information
- Elementary School: Fletcher W. Judson
- Middle School: Swift
- Intermediate School: Judson
- High School: Watertown
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas, Tank Size Unknown
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors, Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Shingle, Wood
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 2,688
- Above Ground: 2,688 Sq. Ft.
- Year Built: 1909
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.16
- Zoning: BC
- Lot Description: City Views, Level Lot
Financial Considerations
- Assessment Amount: $174,580
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 911308
Listed by Brass Moon Realty, Levi Judqin
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Schools
Schools serving 805 Main St
School District:Watertown School District
| Name | Grades | Distance |
|---|---|---|
Polk School 435 Buckingham St., Watertown, CT 06779 | 3-5 | 0.8 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 | 0.3 mi |
Watertown High School 324 French Street, Watertown, CT 06795 | 9-12 | 0.5 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 805 Main St
Date
Details
Price
Change
Source
6/21/2026
Listed
$3,668,000
307.56%
MLS
3/01/2013
Sold
$900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 805 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,354
6%
$111,650
—
2023
$3,168
13%
$111,650
47%
2023
$2,801
5%
$76,000
—
2022
$2,655
1%
$76,000
—
2021
$2,627
4%
$76,000
—
2020
$2,522
—
$76,000
—
2019
$2,522
-1%
$76,000
1%
2018
$2,536
5%
$75,500
—
2017
$2,407
3%
$75,500
—
2016
$2,332
43%
$75,500
39%
2015
$1,631
-18%
$54,200
-32%
2011
$1,987
—
$79,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 805 Main St
805 Main Street, Watertown, CT 06779 (MLS# 24185537) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 805 Main Street is currently listed for $3,668,000 and was received on June 21, 2026. Want to learn more about 805 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.

