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493 Meadow Street, Waterbury, CT 06702

Multi-Family For Sale · 5 Family+

$2,650,000
$406/sqft
493 Meadow Street, Waterbury, CT
Active
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41
Bedrooms
28
Bathrooms
6,520
Sq Ft
0.07
Acres
1900
Year Built

About This Home

Exceptional opportunity to acquire a 27-unit mixed-use investment consisting of 21 apartments and 6 retail spaces across two well-maintained brick buildings and one dedicated parking lot. Offered at a solid 8.0 Cap with additional upside rent potential. The unit count, unit mix, and financial information have been recently verified and updated to reflect the current operating performance. The portfolio includes 343 West Main Street, a four-story, 20,428 SF building with 17 apartments (1 one-bedroom, 14 two-bedroom, and 2 three-bedroom units) and 4 fully leased retail spaces, and 493 Meadow Street, a three-story, 6,520 SF building with 4 apartments (2 two-bedroom and 2 three-bedroom units) and 2 fully leased retail spaces. The residential units participate in the Mod Rehab Housing Assistance Program, providing stable occupancy and consistent rental income. The commercial component is occupied by established long-term tenants, including an appliance retailer, tax and insurance agency, bar & grill, salon, and convenience stores. Recent capital improvements include partial roof replacements (2022) and 15 recently replaced high-efficiency heating systems. All residential and commercial units are separately metered, with tenants responsible for their own utilities, helping to minimize landlord operating expenses. A well-maintained, cash-flowing property with a diversified income stream - ready for a new owner to realize the potential!

Listed by Vianeliz Henriquez (203) 707-7259 with Sky Realty Group (860) 638-9748

Listing Snapshot

Price $2,650,000 Days on Our Site 43 days
Property Tax $10,949/yr Style Units on different Floors
Year Built 1900 Total Sq Ft 6,520
Lot Size 0.07 acres HOA Fees N/A
Bedrooms 41 Full Bathrooms 22
Total Rooms 88 Half Baths 6

Structure & Parking

Construction Brick
Roof Flat

Systems & Utilities

Heat Hot Water
Fuel Natural Gas
Cooling None
Hot Water Natural Gas, Tankless Hotwater
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
Middle Per Board of Ed
High Per Board of Ed

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $912/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Aug 3, 2026 Listed $2,650,000

Frequently Asked Questions

How much does 493 Meadow Street in Waterbury, CT cost?
This property is listed at $2,650,000, which works out to $406 per square foot.
How many bedrooms does 493 Meadow Street have?
This home has 41 bedrooms and 28 bathrooms.
What is the square footage of 493 Meadow Street?
The home is 6,520 square feet, situated on 0.07 acres.
When was 493 Meadow Street in Waterbury built?
This property was built in 1900.
Is 493 Meadow Street, Waterbury, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 493 Meadow Street, Waterbury in?
This home is served by the Waterbury public school system, with Per Board of Ed as the elementary school and Per Board of Ed as the high school.
How do I schedule a tour of 493 Meadow Street, Waterbury, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Vianeliz Henriquez · (203) 707-7259

Sky Realty Group · (860) 638-9748

MLS# 24196449 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Aug 16, 2026 7:01 AM UTC