1. Connecticut
  2. Waterbury
  3. 246 Wolcott Street
$295,000

246 Wolcott Street, Waterbury, CT 06705

  • 2 baths |
  • 2,670 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1864
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $110/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This strategically located mixed-use property in the heart of Waterbury, in New Haven County. This corner lot parcel features two-separate buildings: a well-maintained single-family residence and a established retail space currently operating as a beauty salon. Both units are currently leased, generating a combined monthly income of $2,200 with significant upside potential by adjusting to market rents. This is a excellent value-add opportunity for investors seeking cash flow with long-term appreciation. Located on high-visibility corner near residential neighborhoods and local businesses, the property offers strong exposure, flexible usage, and solid rental demand. Whether you're looking to expand your portfolio, owner-occupy the retail space, or increase rents and reposition, this property is a rare find in today's market. Don't miss your chance to own a versatile income-producing asset in one of Waterbury's established corridors.

Listing Status:
Active
Date Added:
May 8, 2025 at 06:35PM
Listing Office:
Century 21 Scala Group : (203) 374-9451
Listing Agent:
J F Ewald Joseph : (203) 685-1379
MLS ID:
24094400
  • A/C: None
  • Heating: BaseboardElectricOther

This listing courtesy of J F Ewald Joseph, Century 21 Scala Group

Monthly Payment

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

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Location

Schools Nearby

W

Woodrow Wilson Elementary School

235 Birch St, Waterbury, CT, 06704

Grades KG-5

0.38 miles away

W

Waterbury Arts Magnet School (Middle)

16 S Elm St, Waterbury, CT, 06706

Grades 6-8

0.98 miles away

W

Waterbury Career Academy

175 Birch St, Waterbury, CT, 06704

Grades 9-12

0.48 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.