55 Lounsbury Ave Waterbury, CT 06706
Downtown Waterbury NeighborhoodEstimated payment $3,113/month
Total Views
4,590
9
Beds
3
Baths
2,747
Sq Ft
$175
Price per Sq Ft
Highlights
- Property is near public transit
- Enclosed patio or porch
- Public Transportation
- Attic
- Solar Water Heater
- Solar Heating System
About This Home
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.
Listing Agent
Showcase Realty, Inc. License #REB.0794172 Listed on: 05/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,449
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,747 Sq Ft Home
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- 10 Car Garage
- Private Driveway
Eco-Friendly Details
- Solar Water Heater
- Solar Heating System
- Heating system powered by solar not connected to the grid
- Heating system powered by active solar
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Additional Features
- Enclosed patio or porch
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Public Transportation
Listing and Financial Details
- Assessor Parcel Number 1390271
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $6,752 | $136,570 | $14,000 | $122,570 |
| 2023 | $7,401 | $136,570 | $14,000 | $122,570 |
| 2022 | $4,506 | $74,830 | $14,000 | $60,830 |
| 2021 | $4,506 | $74,830 | $14,000 | $60,830 |
| 2020 | $4,506 | $74,830 | $14,000 | $60,830 |
| 2019 | $4,506 | $74,830 | $14,000 | $60,830 |
| 2018 | $4,506 | $74,830 | $14,000 | $60,830 |
| 2017 | $4,536 | $75,340 | $14,000 | $61,340 |
| 2016 | $4,536 | $75,340 | $14,000 | $61,340 |
| 2015 | $4,386 | $75,340 | $14,000 | $61,340 |
| 2014 | $4,386 | $75,340 | $14,000 | $61,340 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2025 05/17/25 | For Sale | $480,000 | -- | $175 / Sq Ft |
Source: SmartMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | None Available | |
| Warranty Deed | $82,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $152,000 | New Conventional | |
| Previous Owner | $81,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Waterbury, CT
Source: SmartMLS
MLS Number: 24094412
APN: WATE-000392-000302-000068
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