$4,500,000

985 Bank Street, Waterbury, CT 06708

  • 3 beds |
  • 1 bath |
  • 10,052 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $448/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Don't miss this Brooklyn neighborhood opportunity with Brass City Apartments Portfolio. Consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand.

Listing Status:
Active
Date Added:
January 21, 2026
Data Last Updated:
February 9, 2026 at 12:52AM
Listing Office:
Oxford Realty : (203) 314-4219
Listing Agent:
Amanda Faroni-Sheehan : (203) 314-4219
MLS ID:
24150336
  • Laundry: Coin Op LaundryCommon Laundry Area
  • Basement: FullUnfinished
  • A/C: Window Unit
  • Heating: BaseboardHot WaterNatural Gas
  • Fireplace: Fireplaces: 0
  • General: SidewalkPorchGuttersLighting
  • Style: Units on different FloorsUnits are Side-by-Side
  • Parking: Parking spaces: 40
  • Roofing: Asphalt ShingleFlat
  • County: New Haven
  • Driveway: Paved
  • Zoning: RH1390158
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

Presented by Veterans United Realty

This listing courtesy of Amanda Faroni-Sheehan , Oxford Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Duggan PreK-8 School

952 Bank St, Waterbury, CT, 06708

Grades KG-8

0.05 miles away

D

Duggan PreK-8 School

952 Bank St, Waterbury, CT, 06708

Grades KG-8

0.05 miles away

K

Kennedy High School

422 Highland Ave, Waterbury, CT, 06708

Grades 9-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.