$450,000

55 Lounsbury Avenue, Waterbury, CT 06706

  • 9 beds |
  • 3 baths |
  • 2,747 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 10 car garage
  • Property Price Per Square Feet Icon $164/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

CASH FLOW on day one! Rare 10 Car Garage with new roof is included with this fully rented 3 family home! 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 with individual, private bays, 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!

Listing Status:
Active
Date Added:
September 1, 2025 at 05:27PM
Listing Office:
Showcase Realty, Inc. : (860) 274-7000
Listing Agent:
Soraida Valentin-Trotman : (203) 704-6163
MLS ID:
24120059
  • Laundry: All Units Have Hook-Ups
  • Basement: FullUnfinishedStorage
  • A/C: None
  • Heating: Hot AirNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Soraida Valentin-Trotman, Showcase Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Washington Elementary School

685 Baldwin St, Waterbury, CT, 06706

Grades KG-5

0.14 miles away

D

Duggan PreK-8 School

952 Bank St, Waterbury, CT, 06708

Grades KG-8

0.56 miles away

W

Waterbury Arts Magnet School (High)

16 S Elm St, Waterbury, CT, 06706

Grades 9-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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