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170 Meriden Road

Waterbury, Connecticut 06705

ACTIVE - NEW$895,000
Beds
12
Baths
6
SqFt
11,760
Acres
0.43
Year Built
1965
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Exceptional mixed-use investment opportunity offering 11,760 SF of income-producing space in Waterbury's highly visible East End. The entire first floor, totaling approximately 6,500 SF, is leased long-term to a well-established and stable pawn shop, providing dependable commercial income. The second floor features three beautifully renovated residential apartments consisting of a 1-bedroom/1-bath unit, a spacious 4-bedroom/2-bath unit, and an oversized 6-bedroom/2-bath unit, creating a diverse unit mix with strong rental appeal. The residential units have been tastefully updated and are well maintained, minimizing deferred maintenance while maximizing tenant demand. High-efficiency COMBI boilers provide both heat and domestic hot water, with all utility costs separately metered and tenant paid. The property features abundant off-street parking, offering excellent accessibility for customers and ample parking for tenants. Situated on a large corner lot, the property benefits from outstanding visibility, steady traffic counts, and convenient access to I-84, Route 8, Downtown Waterbury, shopping, restaurants, and public transportation. Combining stable commercial tenancy with renovated residential units, this is an excellent opportunity for investors seeking reliable cash flow, long-term stability, and future appreciation in one of Waterbury's established commercial corridors.

Key Facts

City/Town
Waterbury
Neighborhood
East End
Property / Style
Multi-Family · Units on different Floors,Units are Side-by-Side
Year Built
1965
Days on Market
10 days
Beds
12
Baths
6 full
Living Area
11,760 sq ft
Lot Size
0.43 acres
Garage / Parking
20 total
Property Taxes
$13,661 / Annually

Market Snapshot

The Waterbury Market

Multi-Family · trailing 12 months

Median Days on Market

48

51 active listings

Median $ / Sq Ft

$158

51 active listings

Sale-to-List Ratio

100.0%

198 sales

How this home compares

List Price

$895,000

vs $439,900 median

2.0× the median

Price / Sq Ft

$76

vs $158 median

51.9% below median

Days on Market

10 days

vs 48 days median

38 days fresher than median

Based on 51 active and 198 closed sales (trailing 12 mo) of multi-family in Waterbury. Source: SmartMLS · As of July 29, 2026.

Location

170 Meriden Road, Waterbury, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$5,999

per month

  • Principal & Interest$4,563
  • Property Taxes$1,138
  • Insurance$298
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Waterbury
Neighborhood
East End
County
New Haven

Residence

Property Type
Multi-Family
Subtype
Quadruplex
Style
Units on different Floors,Units are Side-by-Side
Year Built
1965
New Construction
No/Resale
Living Area
11,760 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Gas on GasHot Air
Heat Fuel
Natural Gas
Cooling
Window Unit
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.43 acres
Zoning
RM
Garage / Parking
20 total parking spacesPavedOff Street ParkingDrivewayPrivate
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Color
white, tan
Roof
Asphalt ShingleFlat
Foundation
MasonryStone
Lot Description
Corner Lot

Listing & Financials

Property Taxes
$13,661 / Annually
Days on Market
10
MLS #
24192750
MLS Status
Active

Similar Properties

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Listed By

Amanda Faroni-Sheehan

Oxford Realty

(203) 314-4219

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/29/2026 at 10:10 AM UTC.