Live on the first floor which includes 2 bedrooms, bathroom with a whirlpool tub, extra shower room and laundry room ,living room, and large kitchen with Armstrong laminate floor. and original tin ceiling tiles. There is also a separate lockable inside entrance leading to the second floor tenant area. Let five rooming house tenants pay for your mortgage. Enjoy the $4,000 cash flow this home generates! The well insulated house has been maintained and updated well over the years with a transferable whole house Home Warranty plan in effect .The basement is finished with a studio apartment. Roof is nine years old. Brand new wraparound porch in 2024 with new sidewalks in 2018 . There is a back deck with stairs to the second floor emergency exit. The completely fenced backyard includes a stone barbecue fireplace on a lightly treed lot. Second floor has a private side entrance and does not interfere with first floor living space. All furniture for rooming house units is included with sale. Each room has a bed, dresser, microwave, refrigerator, and cable TV hook up. There is an open lot behind the house as well as in front of the house across the street. Good , quiet neighborhood located in the vicinity of Washington Park; walking distance to laundromat for tenants and two bus lines.
For sale
$324,900
242 Madison Street, Waterbury, CT 06706
6beds
1,880sqft
Est.:
Multi Family
Built in 1888
-- sqft lot
$-- Zestimate®
$173/sqft
$-- HOA
What's special
Stone barbecue fireplaceBack deckBrand new wraparound porchStudio apartmentOriginal tin ceiling tilesNew sidewalksCompletely fenced backyard
- 28 days
- on Zillow |
- 638 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: May 27, 2025 at 10:13am
Listed by:
Kris J. Lippi,
Get Listed Realty
Source: Smart MLS,MLS#: 24098140

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, No Fuel
Cooling
- None
Appliances
- Included: No Hot Water
- Laundry: In Unit
Features
- Basement: Full,Storage Space,Apartment,Walk-Out Access,Concrete
- Attic: Floored,Pull Down Stairs
- Has fireplace: No
Interior area
- Total structure area: 1,880
- Total interior livable area: 1,880 sqft
- Finished area above ground: 1,880
Property
Parking
- Parking features: None
Features
- Patio & porch: Deck
- Exterior features: Sidewalk, Fruit Trees, Rain Gutters, Stone Wall
Lot
- Size: 6,098.4 Square Feet
- Features: Few Trees, Wooded, Level
Details
- Parcel number: 1393275
- Zoning: RL
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors,4sides - Units Are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingle Siding
- Foundation: None
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1888
Utilities & green energy
- Sewer: Other
- Water: Public
Community & HOA
Community
- Features: Near Public Transport, Park, Pool
HOA
- Has HOA: No
Location
- Region: Waterbury
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $102,270
- Annual tax amount: $5,056
- Date on market: 5/22/2025
- Loading
- Loading