About this home

33 Mitchell Avenue presents a rare opportunity to acquire a rooming house with excellent income producing potential. The property consists of two spacious apartments, each featuring 2 bedrooms and 1 full bathroom, plus 5 rentable single rooms on the third floor with 1 shared full bath, creating multiple revenue streams under one roof. Conveniently located near downtown Waterbury, public transportation, shopping, schools, and major commuter routes, this property is well positioned to attract long term tenants. The building could use some updating but has been priced accordingly, offering investors, contractors, and value add buyers the chance to build equity and maximize future returns. An updated roof adds to the property's appeal, while the flexible layout provides numerous possibilities for improving and optimizing income. Whether you are looking to expand your portfolio or take on your next investment project, this property offers tremendous upside potential. Property is being sold strictly as is. Cash or renovation financing preferred. Don't miss this opportunity to unlock the value of this unique investment property.

Facts and features

Schools

• John F. Kennedy High School

  high · 9-12 · 1.0 mi

  1

• Bunker Hill School

  elementary · K-5 · 1.1 mi

  3

• West Side Middle School

  middle · 6-8 · 1.3 mi

  4

• Stepping Stones School

  high · 9-12 · 0.2 mi

• Enlightenment School

  middle · 6-12 · 0.2 mi

• Al Yaqeen Academy

  elementary · K-7 · 0.3 mi

Price history

• Oct 26, 2026 · Listed$349,900
• Jan 24, 2026 · Listing Removed—
• May 24, 2025 · Listed$399,900
• Dec 24, 2011 · Listing Removed$145,000
• Jun 28, 2011 · Listed$145,000

Tax history

• 2026$11,826 tax · $272,860 assessed
• 2022$4,481 tax · $74,420 assessed
• 2021$4,481 tax · $74,420 assessed
• 2020$4,481 tax · $74,420 assessed
• 2019$4,481 tax · $74,420 assessed
• 2018$4,481 tax · $74,420 assessed
• 2017$4,481 tax · $74,420 assessed
• 2016$4,481 tax · $74,420 assessed

Where it is