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Waterbury Multi-Unit Investment Opportunity

121 Lounsbury Street, Waterbury, CT 06706

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For Sale

$750,000

MULTI_FAMILY - Waterbury, CT

Property size:

6,836 SF

Lot size:

0.13 Acres

Price / SF:

$109/SF

Listing Contact

Michael Rearson

Real Estate License ID: REB.0759150

HighLights

Built in 1905 with a porch and basement
Baseboard heating
Public water and public sewer
Interior features 12 bedrooms and 6 bathrooms
Separate utilities, with some off‑street parking and a manageable yard space

For Sale

$750,000

MULTI_FAMILY - Waterbury, CT

Property size:

6,836 SF

Lot size:

0.13 Acres

Price / SF:

$109/SF

Added:: Feb 23, 2026
Days on Market:: 108
Last Refresh:: Jun 11 at 1:06 am

Property Features for 121 Lounsbury Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RM
Bedrooms: 12
Bathrooms: 6
Rooms: Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 9, Bedroom 4, Bathroom 1, Bedroom 10, Bedroom 1, Bathroom 3, Bathroom 4, Basement, Bedroom 7, Bedroom 8, Bedroom 12, Bedroom 11
Parking: 6
Patio and Porch features: Porch
Exterior features: Porch
Basement: Full
Standard status: Active
Size: 6,836 SF
Lot size: 0.13 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 9584

Utilities

Sewer type: Public Sewer
Heating system: Baseboard
Water source: Public

Building Details

Year built: 1905
Architectural style: Other

We can help!

Listing Contact

Michael Rearson

Listing agent Michael Rearson License #REB.0759150

Listing office Brass Moon Realty 211 Chase Avenue, Waterbury, CT

Listing date Feb 23, 2026

MLS# 24155891 Listing URL

HighLights

Built in 1905 with a porch and basement
Baseboard heating
Public water and public sewer
Interior features 12 bedrooms and 6 bathrooms
Separate utilities, with some off‑street parking and a manageable yard space

Overview

Located in Waterbury, Connecticut, the property at 121 Lounsbury Avenue presents an investment opportunity. This multi-unit property, with a building size of 6,836 square feet and a lot size of 0.13 acres, offers income potential for investors and owner-occupants. Each unit features spacious layouts, generous bedroom sizes, and ample natural light. Separate utilities provide added convenience and expense control. The property offers some off-street parking and a manageable yard space. Its location provides proximity to shopping, schools, public transportation, and major highways, making it attractive to tenants. The property has a solid rental history with upside potential for increased rents. The zoning is RM.

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Location Insight

Map
Local Demand

City: Waterbury
County: New Haven
State: Connecticut
Longitude: -73.035156
Latitude: 41.540436

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For sale
Multifamily properties
CT
Waterbury
06706
121 Lounsbury Street

What type of property is this?

Multifamily property - Well-maintained multi-unit property with income potential in a strong rental market.

Where is this multifamily property located?

The property is located at 121 Lounsbury Street Waterbury, CT.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Built in 1905 with a porch and basement; Baseboard heating; Public water and public sewer

121 Lounsbury Street, Waterbury, CT 06706

MULTI_FAMILY - Waterbury, CT

Property Features for 121 Lounsbury Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Retail Strip Mall with Multiple Tenants

Historic Three-Unit Multifamily Building

Three-Unit Multifamily with Detached Garage

Renovated Mixed-Use Income Property

Turnkey Renovated Multi-Family Home

Waterbury Multifamily Investment Opportunity

Permitted 14-Unit Rooming House

11-Unit Apartment Building

Spacious Two-Family Corner Lot

Well-Maintained Multifamily Property

Three-Unit Property with Separate Laundry

Waterbury Multi-Family Investment Opportunity

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