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872 Bank Street

Waterbury, Connecticut 06708

ACTIVE - NEW$550,000
Beds
0
Baths
0
SqFt
5,320
Acres
0.14
Year Built
1900
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Investment opportunity at 872 Bank Street, Waterbury. This six-unit commercial property is 100% occupied, offering an established and stable income stream. The majority of the units are occupied by long-term tenants, demonstrating tenant retention and providing added stability for a new owner. The property also benefits from separate, tenant-paid utilities, helping minimize operating expenses and providing an efficient ownership structure. Positioned along the well-traveled Bank Street commercial corridor, the property offers strong visibility with an estimated 11,300 vehicles per day and convenient access to I-84, Route 8, Downtown Waterbury, and surrounding commercial districts. The location provides excellent connectivity throughout Greater Waterbury and the surrounding region. The Bank Street corridor features a mix of established retail, service businesses, residential density, and commercial uses, supporting consistent local activity and exposure. On-street parking serves the property. With 100% occupancy, a predominantly long-term tenant base, tenant-paid utilities, and a highly visible location, this building offers an attractive opportunity for an investor seeking a stabilized commercial asset with immediate cash flow.

Key Facts

City/Town
Waterbury
Neighborhood
Brooklyn Center
Property / Style
Multi-Family · Units are Side-by-Side
Year Built
1900
Days on Market
0 days
Beds
0
Baths
0 baths
Living Area
5,320 sq ft
Lot Size
0.14 acres
Property Taxes
$7,951 / Annually

Market Snapshot

The Waterbury Market

Multi-Family · trailing 12 months

Median Days on Market

30

51 active listings

Median $ / Sq Ft

$156

51 active listings

Sale-to-List Ratio

100.0%

193 sales

How this home compares

List Price

$550,000

vs $449,900 median

22.2% above median

Price / Sq Ft

$103

vs $156 median

34.0% below median

Days on Market

0 days

vs 30 days median

30 days fresher than median

Based on 51 active and 193 closed sales (trailing 12 mo) of multi-family in Waterbury. Source: SmartMLS · As of August 10, 2026.

Location

872 Bank Street, Waterbury, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,682

per month

  • Principal & Interest$2,836
  • Property Taxes$663
  • Insurance$183
  • HOA$0

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

Location

City/Town
Waterbury
Neighborhood
Brooklyn Center
County
New Haven

Residence

Property Type
Multi-Family
Subtype
5 Family+
Style
Units are Side-by-Side
Year Built
1900
New Construction
No/Resale
Living Area
5,320 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Gas on Gas
Cooling
None
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.14 acres
Zoning
CG
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Brick
Color
tan, pink
Roof
Flat
Foundation
BrickMasonry
Lot Description
Corner LotLevel Lot

Listing & Financials

Property Taxes
$7,951 / Annually
Days on Market
0
MLS #
24198183
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 8/10/2026. 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 8/10/2026 at 9:10 PM UTC.