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Off market
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  • $417,600

    41 Lounsbury Ave, Waterbury, CT 06706

    4beds
    2,688sqft
    MultiFamily
    Built in 1986
    -- sqft lot
    $417,600 Zestimate®
    $155/sqft
    $1,993 Estimated rent

    Home value

    $417,600

    $388,000 - $447,000

    $1,993/mo

    Zestimate® history
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    $1,993/mo

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    $3,028/mo

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    $3,028/mo

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    What's special

    Would like to sell as a package price $455,000 with 112 Cooke St Waterbury, (See listing MLS No.: 170177327). This well maintained & very easy to rent CASH COW built in 1986. 4 One bed units with individual garages are extremely desirable to tenants and are a rare commodity. Each Unit has separate utilities, with 4 zones for elect baseboard heat. All units have their own breaker box, hot water heater, and water shutoff. Very easy to rent & keep rented as they are in a very desirable price range. Typically tenants stay for many years. We have a maintenance man, who maintains the outside, does apartment turn overs, and small repairs, makes managing these units very easy. We are not selling just 2 buildings but a complete business model developed over many years of land lording with all our methodology, all our legal docs, all our addendums to the lease, all our application forms and all our years of experience in developing these docs and methodology. We spent many thousands of dollars in lawyer services developing our business. Included is 3 months of consultation for those who need it. With NOI $56,000 & 12.5%cap, these properties generate great CASH FLOW! Owners have been in the property business for decades, teaching landlord, property evaluation, maximizing cash flow courses. Both properties were developed for low maint, ease of renting due to their uniqueness, and min property management time

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Concrete
    Interior area
    • Total interior livable area: 2,688 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 10,018 Square Feet
    • Features: Sloped, Lightly Wooded
    Details
    • Parcel number: 999999999
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side, Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & HOA

    Location
    • Region: Waterbury

    Financial & listing details

    • Price per square foot: $155/sqft
    • Total actual rent: 220000

    Price history

    Price history is unavailable.

    Public tax history

    Tax history is unavailable.
    Find assessor info on the county website

    Neighborhood: Washington Hill

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $417,600
    2% more
    +$8,352
    With Zillow Showcase(estimated)
    $425,952