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55 Lounsbury Avenue, Waterbury, CT 06706

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For Sale

$480,000

9 beds3 baths2,747 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $174.74
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Don't miss this rare opportunity to own a fully rented 3-family home that combines solid rental income with incredible bonus feature of a TEN CAR GARAGE of all individual bays! Each unit offers THREE bedrooms, a generous living room, and a comfortable eat-in kitchen with fairly new appliances, making them highly desirable for tenants. All tenants are on month-to-month leases and pay reliably, giving you both stable income and future flexibility. What truly sets this property apart is the massive 10-car garage, an extremely rare find! This versatile space can be leased separately to generate additional income or used by a car enthusiast, for storage, or by small business owners needing space for tools and supplies. It's a unique asset that significantly boosts the property's value and earning potential. It essentially produces income as a 4-unit property because of the garage bays. Whether you're an investor looking for cash flow or someone looking to live in one unit while the others help pay the mortgage, this property is a smart and rare find.
MLS# 24094412

Courtesy Of Showcase Realty, Inc

(860) 274-7000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Other
  • Lot Size
    0.14 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Home seller CENTURY 21 Scala Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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