Downtown Real Estate

Downtown Real Estate

Welcome to Downtown, CT – a vibrant hub where history meets modern living! Nestled in the heart of Connecticut, Downtown is a bustling neighborhood known for its rich cultural tapestry and dynamic atmosphere. With its charming streets lined with historic buildings, contemporary shops, and delightful eateries, Downtown offers a unique blend of urban sophistication and small-town charm.

As you stroll through the area, you’ll discover an array of local boutiques that showcase the creativity of the community, alongside well-known retailers that cater to every shopping desire. Food enthusiasts will revel in the diverse dining options, ranging from cozy cafes serving artisanal coffee to upscale restaurants offering exquisite culinary experiences. Whether you’re in the mood for a casual bite or an elegant dinner, Downtown has something to satisfy every palate.

The neighborhood is also home to a variety of cultural attractions, including art galleries, theaters, and music venues that host local and national acts. Parks and green spaces provide a welcome respite from the urban hustle, perfect for leisurely walks or weekend picnics with family and friends.

Families will appreciate the excellent schools and community programs that foster a strong sense of belonging. With convenient access to public transportation and major highways, commuting to nearby cities is a breeze, making Downtown an ideal location for professionals and families alike.

Embrace the charm of Downtown, CT – where every corner tells a story, and every day offers new adventures. Come explore the neighborhood that truly has it all!

Newest Listings in Downtown

493 Meadow St, Waterbury
$2,650,000
41 Beds ⋅ 28 Baths ⋅ ACTIVE Status ⋅ 24196449 MLS
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!

493 Meadow St, Waterbury

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