Property Description
Investor-ready three-unit multifamily offering strong cash-flow potential in Watertown. 19 Pythian Avenue features two spacious side-by-side 3-bedroom units, plus a fully finished lower-level 2-bedroom unit, creating multiple income streams under one roof. This property is built for an investor looking for a straightforward addition to their portfolio - collect the keys, collect the rents, and start generating income. Major improvements include a roof approximately three years old, helping reduce near-term capital expenditure concerns. A standout feature is the property's solar system, which provides an additional income stream to the landlord through energy sold back to the grid, currently generating approximately $640+ per month. Combined with rental income from all three units, this creates an attractive opportunity to maximize the property's overall revenue potential. The property also offers convenient off-street parking and a practical multifamily layout that supports strong tenant demand. Whether you're expanding an existing portfolio, purchasing your first multifamily investment, or looking for an income-producing property with multiple revenue streams, 19 Pythian Avenue presents a compelling opportunity in Watertown. Three units. Multiple income streams. Parking. Newer roof. Solar revenue. Ready to cash flow.
Overview
Open House
Property Type
Multi-family
Location
19 Pythian Avenue, Watertown, CT 06795
Year Built
1900
Zoning
BC
MLS ID
24209524
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
3
Exterior
Water Source
Public Water Connected
Roof
Asphalt Shingle
Lot Features
Sloping Lot
Parking
Off Street Parking, Driveway
Heat Type
Baseboard
Air Conditioning
None
Sewer
Public Sewer Connected
Substructure
Stone
Details
Total Area
2,180 Sq.Ft.
Architecture Styles
Units on different Floors, Units are Side-by-Side
Water Frontage
Not Applicable
Financial
Price
$449,900
Real Estate Tax
$5,040/yr
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