121 Lounsbury Street
Waterbury, Connecticut 06706
- Beds
- 12
- Baths
- 6
- SqFt
- 6,836
- Acres
- 0.13
- Year Built
- 1905
- Neighborhood
- Washington Hill
- Property Type
- 5+ Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Great investment opportunity at 121 Lounsbury Avenue in Waterbury! Well-maintained multi-unit property offering strong income potential for both seasoned investors and owner-occupants. Each unit features spacious layouts, generous bedroom sizes, and ample natural light. Separate utilities provide added convenience and expense control. Property offers some off-street parking and a manageable yard space. Located close to shopping, schools, public transportation, and major highways, making it attractive to tenants. Solid rental history with upside potential for increased rents. Whether you're looking to expand your portfolio or live in one unit while collecting rental income from the others, this property is a smart addition to your real estate investments. Don't miss this opportunity in a strong rental market!
Key Facts
- City/Town
- Waterbury
- Neighborhood
- Washington Hill
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1905
- Days on Market
- 154 days
- Beds
- 12
- Baths
- 6 full
- Living Area
- 6,836 sq ft
- Lot Size
- 0.13 acres
- Garage / Parking
- 6 total
- Property Taxes
- $9,584 / Annually
Market Snapshot
The Waterbury Market
Multi-Family · trailing 12 months
Active Listings
50
42 under contract
Median List Price
$444,450
50 active listings
Median Closed Price
$412,500
197 sales
Median Days on Market
48
50 active listings
Median $ / Sq Ft
$158
50 active listings
Sale-to-List Ratio
100.0%
197 sales
How this home compares
List Price
$750,000
vs $444,450 median
68.7% above median
Price / Sq Ft
$110
vs $158 median
30.4% below median
Days on Market
154 days
vs 48 days median
106 days longer than median
Based on 50 active and 197 closed sales (trailing 12 mo) of multi-family in Waterbury. Source: SmartMLS · As of July 28, 2026.
Location
121 Lounsbury Street, Waterbury, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$3,824
- Property Taxes$799
- Insurance$250
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Waterbury
- Neighborhood
- Washington Hill
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- 5 Family+
- Style
- Units on different Floors
- Year Built
- 1905
- New Construction
- No/Resale
- Living Area
- 6,836 sq ft
Schools
- Elementary
- Washington
- Middle
- Per Board of Ed
- High
- Crosby
Interior
- Heating
- Baseboard
- Heat Fuel
- Electric
- Cooling
- None
- Laundry
- None
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.13 acres
- Zoning
- RM
- Garage / Parking
- 6 total parking spacesParking LotOff Street Parking
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Brick
- Color
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Porch
- Lot Description
- N/A
Listing & Financials
- Property Taxes
- $9,584 / Annually
- Days on Market
- 154
- MLS #
- 24155891
- MLS Status
- Active
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 6:10 AM UTC.