242 Madison Street, Waterbury, CT 06706

bedrooms 6
bathrooms 3
|House
THB ฿11,450,352
USD $329,000
Published on: 19 Sep 2024
Last updated on: 10 Nov 2024
242 Madison Street, Waterbury, CT 06706
242 Madison Street, Waterbury, CT 06706
242 Madison Street, Waterbury, CT 06706
+22
242 Madison Street, Waterbury, CT 06706
  • 22
Property ID: 110094623345
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Single Family For Sale, Colonial - Waterbury, CT

242 Madison Street, Waterbury, CT 06706
Calling all investors! Don't miss this opportunity to acquire a cash-flowing property in a prime location. This single-family home, currently operating as a fully-leased rooming house, generates approximately $4,600 per month in rental income, making it a perfect addition to any investment portfolio. The main floor features a flexible living arrangement with 1 bedroom, living room (currently being used as a second bedroom), a full bathroom, a spacious kitchen, and a large deck overlooking the flat, private backyard-ideal for tenants to relax and unwind. Upstairs, with its separate entrance, you'll find four additional units sharing a bathroom and an enclosed porch, offering tenants both comfort and privacy. The basement studio provides even more rental space, adding to this property's income stream. You can occupy one of the units and enjoy the comfort of a private residence while renting out the other units. This unique setup allows you to live for free while building equity and generating consistent cash flow. Key updates include a new front porch and a 10-year-old roof, ensuring minimal future maintenance costs.

Property Details

Basic Info

Property Type
House
Listing Status
Active
Land Size
566.56 m2
Building Size
174.66 m2
Year Built
1888
Rooms
6 bedroom(s), 3 bathroom(s), 1 basement(s)
Architecture Style
Colonial
County
New Haven
Parcel ID
1393275
Provider
eXp Realty of CT, LLC
Brokerage Office Name
eXp Realty of CT, LLC
Brokerage Office Phone
(866) 828-3951
Neighbourhoods
N/A
Address
242 Madison Street, Waterbury, CT 06706

Nearby Schools

TypeSchool nameDistrict name
ElementaryPer Board of EdNot available
HighPer Board of EdNot available
JuniorhighNot availableNot available
MiddleNot availableNot available
Contact Agent
Mark Mermelstein
1266 E. Main Street,, Stamford, CT 06902
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Mark Mermelstein
1266 E. Main Street,, Stamford, CT 06902
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      Property ID: 110094623345

      Data provided by eXp Realty of CT, LLC, MLS #: 24045623
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