Smart MLS #24098140

242 Madison St,
Waterbury, CT 06706
242 Madison St, Waterbury, CT 06706 United States
For Sale
$324,900
Multi-Family Home
6 Units · 1880 Sqft
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.

Map


Listing

Market Stats
  • List $324,900
  • 5 Days on Market

Real Estate Agent


Details

Building
  • 4-Unit Side-by-Side
  • Built 1888
  • 6 Units
  • 6 Beds
  • 2.00 Baths
  • 0 Fireplaces
  • Full Basement, Basement Apartment, Walk-Out Basement

Sqft
  • 1880 Total Sqft

Lot / Land
  • 0.14 Acres
  • 900 Neighborhood
  • Lightly Wooded, Level Lot

Utilities
  • Hot Water
  • No Fuel
  • Public Water
  • No Hot Water

Financials
  • $4,565 Gross Income
  • $3,715 Net Income
  • $850 Expenses

Taxes
  • Assessment $102,270
  • Mill Rate 49.44
  • Taxes $5,056
  • Parcel Num 1393275

Schools

Elementary
  • Washington

High
  • Crosby

Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.89% Interest
  • Purchase Price $324,900
  • Down Payment $64,980 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$2,131


Monthly Est. $2,131
Yearly Est. $25,577
30yr Est. $767,314
Go to the Mortgage Calculator
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This real estate listing for sale at 242 Madison St has 6 bedrooms, 2.00 bathrooms, and was built in 1888. It is located in the Waterbury, Connecticut area with the 06706 zip code. For more info about the property at 242 Madison St, Waterbury, CT 06706 United States or if you would like to schedule a showing, please contact the listing agent above.

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