254 Davis Street, Watertown, Connecticut

$499,990

Previous Next

6

Beds

3

Baths

2,616

Square feet

0.46

Acres

About 254 Davis Street

Calling all investors and owner-occupants! This well-maintained 3-family property in the heart of Oakville offers immediate cash flow with two long-term tenants already in place paying solid rents, plus a newly renovated lower-level unit ready for an owner-occupant or new tenant. The lower-level apartment features 1 bedroom and 1 full bathroom and has been tastefully updated, making it an ideal option for offsetting your mortgage while building equity. Recent capital improvements include a newer roof (approximately 2 years old), two updated hot water heaters, and a new garage door. Additional highlights include natural gas heat, newer vinyl flooring throughout, a detached 1-car garage, and a private back patio area. With low-maintenance features, strong in-place income, and upside potential from the renovated unit, this is a turnkey opportunity for investors seeking reliable cash flow or buyers looking to live in one unit while tenants help cover the mortgage. Move quickly-income-producing multifamily opportunities like this do not last!

Features of 254 Davis Street

MLS® # 24175160
Price $499,990
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Square Footage 2,616
Acres 0.46
Type Multi-Family For Sale
Sub-Type 3 Family
Style Units on different Floors, 3updown - Unit(s) per Floor
Status Under Contract

Community Information

Address 254 Davis Street
Area Oakville
City Watertown
County Litchfield
State Connecticut
Zip Code 06779

Amenities

Parking Spaces 6
Parking Detached Garage, Off Street Parking, Driveway
# of Garages 1
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Baseboard, Hot Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Partial, Partially Finished

Exterior

Exterior Vinyl Siding
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Block, Stone

School Information

Elementary Polk
High Watertown

Additional Information

Date Listed May 13th, 2026
Days on Market 17
Zoning RG
RE / Bank Owned No

Listing Details

OfficeSerhant Connecticut, LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?