$324,900

242 Madison St Waterbury, CT 06706

South End District Neighborhood

Estimated payment $2,087/month

Total Views 66,300
7 Beds
3 Baths
1,880 Sq Ft
$173 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Hot Water Circulator
  • Hot Water Heating System
  • Attic
  • Ceiling Fan
  • Level Lot

About This Home

Check out this awesome 7-unit property-perfect for anyone looking to invest in an income-producing opportunity! Located in the heart of Waterbury, CT, this well-maintained multifamily is just steps away from restaurants, shopping centers, movie theaters, and more. Whether you're a seasoned investor or just starting out, this property offers both location and potential. Don't miss your chance to own a solid asset in a growing area. learn more or schedule a showing!

Listing Agent

Christopher Holland

RE/MAX One Brokerage Phone: (203) 565-7017 License #RES.0823303 Listed on: 09/11/2025

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1888

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Property is zoned RL

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • Ceiling Fan
  • Walkup Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Washington Elementary School
  • Wilby High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1393275

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,600

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Neighborhood: Hopeville
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1880
  • Total Sq Ft: 1880
  • Year Built: 1888
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Follow navigation system by entering the address into the system
  • Street Type: Street
  • Office Attribution Contact: (860) 444-7362
  • Reserve Prospect: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full, Full With Walk-Out
  • Appliances: Allowance
  • Attic: Yes

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete, Stone
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Other
  • Water Source: Public Water In Street
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.14
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RL
  • Parcel #: 1393275

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 4600

MLS Schools

  • Elementary School: Washington
  • High School: Wilby

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,600 $102,270 $15,750 $86,520
2024 $5,056 $102,270 $15,750 $86,520
2023 $5,542 $102,270 $15,750 $86,520
2022 $3,684 $61,190 $15,750 $45,440
2021 $3,684 $61,190 $15,750 $45,440
2020 $3,684 $61,190 $15,750 $45,440
2019 $3,684 $61,190 $15,750 $45,440
2018 $3,684 $61,190 $15,750 $45,440
2017 $4,515 $74,980 $15,750 $59,230
2016 $4,292 $71,280 $15,750 $55,530
2015 $4,150 $71,280 $15,750 $55,530
2014 $4,170 $71,630 $15,750 $55,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 For Sale $324,900 -- $173 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 --
Warranty Deed $111,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,340 No Value Available
Closed $50,000 Stand Alone Second
Closed $130,950 Purchase Money Mortgage
Source: Public Records

Source: SmartMLS

MLS Number: 24126180

SmartMLS

APN: WATE-000439-000493-000129

Connecticut New Haven County Waterbury 06706 South End District

242 Madison St, Waterbury, CT

For Sale

Detached

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Christopher Holland
Listing Agent
Christopher Holland
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RE/MAX One
(475) 222-1342