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Apartment Building with Porch
For Sale
$750,000

121 Lounsbury Street, Waterbury, CT 06706

MULTI_FAMILY - Waterbury, CT

Property Size6,836 SF
Lot Size0.13 Acres
Price / SF$109.71
Days on Market170

Property Features for 121 Lounsbury Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 5, Bathroom 1, Bedroom 9, Bedroom 12, Bedroom 8, Bedroom 5, Bedroom 1, Bathroom 6, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 10, Bathroom 4, Bedroom 11, Bedroom 2, Bedroom 6, Basement, Bathroom 2
Parking 6
Patio and Porch features Porch
Exterior features Porch
Basement Full
Elementary school Washington
High school Crosby
Directions East Main St. to Baldwin St. - past Washington and past the fire house on the left side - just a little further up turn right onto Lounsbury
Subdivision Washington Hill
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
Listing Agency: Brass Moon Realty
Listed By: Michael Rearson · License #REB.0759150
Added: Feb 23 Changed: Aug 3 Last Checked: Aug 12 at 7:06PM
MLS# 24155891

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Apartment building at 121 Lounsbury Street, Waterbury, CT 06706, built in 1905 and configured for multiple tenants. The property includes a porch and is served by public water and public sewer. Heating is provided via baseboard.

The layout includes separate utilities, which can help support tenant-level expense control. The property also offers some off-street parking and a manageable yard space.

Zoned RM, the building is positioned close to shopping, schools, public transportation, and major highways, supporting tenant convenience. Room inventory includes multiple bedrooms and multiple bathrooms, along with a basement, providing flexibility for tenant use across the units.

Key Highlights

  • 0.13‑acre lot size
  • 6,836 SF apartment building
  • Zoned RM

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Storage Facility Carpet & Flooring Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

Demographics for 06706, CT

14,699
Population
5,907
Households
2.5
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.8 sq mi
ZIP Area
3,868
Density / Sq Mi
$51,770
Median Household Income
$32,375
Median Earnings
$1,233
Median Rent
$171,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building on 0.13 acres zoned RM, served by public water and public sewer, with baseboard heat.
Where is this apartment building 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: 0.13‑acre lot size; 6,836 SF apartment building; Zoned RM
More about this property
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