NOT LISTED FOR SALE

56 Lounsbury Ave Waterbury, CT 06706

South End District Neighborhood
12 Beds
6 Baths
4,860 Sq Ft
0.26 Acres

Last Sold April 01, 2024

Last sale price $525,000 $108 Per Sq Ft

42 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Baseboard Heating
  • Porch

About This Home

As of April 2024

Opportunity to purchase a fully occupied 6 unit investment property in the South End. This property has all 2 bed/1 bath apartments. The utilities are separate and tenant paid - gas heat and hot water. The roof is asphalt shingles. There is ample parking to the right side of the property. Close proximity to Downtown Waterbury and HWY access. Most rents are below market giving new buyer the opportunity to increase for added value. DO NOT WALK THE PROPERTY WITHOUT AN APPOINTMENT.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 01/17/2024

Oxford Realty

Last Buyer's Agent

Stephanie Devaney

Coldwell Banker Realty License #RES.0805453

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,880

Year Built

  • Built in 1900

Lot Details

  • 0.26

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 4,860 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • 0.26 Acre Lot
  • Property is near public transit

Community Details

  • 6 Units
  • Public Transportation
  • Gross Income $65,400

Listing and Financial Details

  • Assessor Parcel Number 1390254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,880

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 4860
  • Total Sq Ft: 4860
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Public Transportation
  • Association Amenities: None
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Lounsbury St to Lounsbury Ave
  • Financing Used: Private
  • Living Area Sq Ft Per Public Record: 4860
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement Description: Full, Unfinished
  • Laundry Room Info: None
  • Attic: No
  • Street Number Modifier: 56

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Dirt, Gravel
  • Total Parking Spaces: 12
  • Garage And Parking: Unpaved, Off Street Parking, Unassigned Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.26
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM
  • Parcel #: 1390254

Multi Family

  • Gross Annual Income: 65400
  • Net Operating Income: 32637
  • Total Number Of Units: 6
  • Unit Count: 6

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 13880
  • Total Assessed Value: 256130
  • Mil Rate Total: 54.19

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $525,000 -4.5% $108 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $550,000 +4.8% $113 / Sq Ft
01/31/2024 01/31/24 Off Market $525,000 -- --
01/17/2024 01/17/24 For Sale $550,000 -- $113 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2024

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    25 in this area

    176 Total Sales

    Amanda Sheehan
    Section Image
  • Stephanie Devaney

    Buyer's Agent in 2024

    Stephanie Devaney

    Coldwell Banker Realty

    (203) 638-4246

    1 in this area

    35 Total Sales

    Stephanie Devaney
    Section Image
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Map

Source: SmartMLS

MLS Number: 170619560

SmartMLS

APN: WBRY M:0392 B:0301 L:0371

Connecticut New Haven County Waterbury 06706 South End District

56 Lounsbury Ave, Waterbury, CT

This home is located at 56 Lounsbury Ave, Waterbury, CT 06706 since 17 January 2024. This property was built in 1900. 56 Lounsbury Ave is a home located in New Haven County with nearby schools including Hopeville School, West Side Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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