Check out this opportunity to own a large, turn key three-family investment with 9+% CAP rate. The unit mix consists of (3 2 bed/1 bath units - with LR, DR, EIK + washer/dryer hookups - currently 100% occupied. The property has vinyl siding and replacement windows - in good condition. The units feature various updates in the kitchens, baths, hardwood floors + fixtures. The utilities are separate with gas heat and hot water. The electric is updated. H, HW and electric are tenant paid. There is a private driveway and off-street parking behind the property. This is a great opportunity for someone looking for a turn key property with stable tenants/income to start their portfolio or add on.
Off market
$365,600
76 Lounsbury Ave, Waterbury, CT 06706
6beds
3,078sqft
MultiFamily
Built in 1915
-- sqft lot
$365,600 Zestimate®
$119/sqft
$1,882 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Gas
Appliances
- Laundry: All Units Have Hook-Ups
Features
- Basement: Unfinished, Full
- Attic: Crawl Space
Interior area
- Total interior livable area: 3,078 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 4,356 sqft
Details
- Parcel number: WATEM0392B0301L0041
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
HOA & financial
Other financial information
- Total actual rent: 179900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Natural Gas
- Roof: Asphalt
- Basement: Unfinished, Full
- Zoning: RM
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Vinyl Siding
- CurrentFinancing: FHA
- Cooling: Window Unit(s)
- NumberOfUnitsInCommunity: 3
- ParkingFeatures: Driveway, Off Street, Paved
- GrossIncome: 27000
- PatioAndPorchFeatures: Porch
- ExteriorFeatures: Lighting
- CommunityFeatures: Park, Walk to Bus Lines, Public Transportation, Public Rec Facilities, Commuter Bus
- YearBuiltSource: Public Records
- Attic: Crawl Space
- FoundationDetails: Concrete, Masonry
- WaterSource: Public Water Connected
- TotalActualRent: 179900.00
- WaterfrontFeatures: Not Applicable
- ArchitecturalStyle: Units on different Floors
- LaundryFeatures: All Units Have Hook-Ups
- MlsStatus: Show
- TaxAnnualAmount: 4185
- NetOperatingIncome: 16685
- OperatingExpense: 8965
Services availability

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