254 Davis Street
Sold

254 Davis Street

254 Davis Street, Watertown, CT 06779

$500,000
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!

6
beds

3
baths

2,616 Sq.Ft. LIVING AREA

0.46 Acres lot

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms3
  • full bathrooms3

Area & Lot

  • Status Sold
  • Date Sold September 10, 2026
  • Living Area2,616 Sq.Ft.
  • Total Area2,616 Sq.Ft.
  • Lot Area0.46 Acres
  • MLS® ID24175160
  • TypeMulti-Family
  • YEAR BUILT1905
  • Architecture StylesUnits on different Floors, 3 updown - Unit(s) per Floor
  • Water FrontageNot Applicable
  • Elementary SchoolPolk
  • High SchoolWatertown

Exterior

  • Garage Space1.0
  • water SourcePublic Water Connected
  • roofAsphalt Shingle
  • lot featuresLevel Lot
  • parkingDetached Garage, Off Street Parking, Driveway
  • HEAT TYPEBaseboard, Hot Air
  • AIR CONDITIONINGNone
  • sewerPublic Sewer Connected
  • SubstructureBlock, Stone

Financial

  • Sales Price$500,000
  • Real Estate Tax $6,918/yr
  • Zoning RG

Work With Jesse

Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.