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242 Madison Street, Waterbury CT 06706

Current Price: $324,900

6 beds 2 baths 1880 sq. ft

Last Update: 6/21/2025

Property Type: Multi-Family For Sale

Public Remarks

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 to Property at 242 Madison Street, Waterbury CT 06706


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Residential Property Information for 242 Madison Street, Waterbury CT 06706

MLS #: 24098140

Style: Units on different Floors,4sides - Units Are Side-

Color:

Total Rooms:

Bedrooms: 6

Bathrooms: 2

Acres: 0.14

Year Built: 1888 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $5,056

Zoning: RL

Mil Rate:

Assessed Value: $102,270 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 1880; below grade sq feet total is ; total sq ft is 1880

Features
Laundry Location & Info: Hook-Up In Unit 1 
Fireplaces: 0
Basement Desc.: Full,Storage,Apartment,Walk-out,Concrete Floor
Exterior Siding: Shingle
Exterior Features: Sidewalk,Fruit Trees,Deck,Gutters,Stone Wall
Foundation: None
Roof: Asphalt Shingle
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Lightly Wooded,Treed,Level Lot
Nearby Amenities: Commuter Bus,Park,Public Pool,Walk to Bus Lines
Occupied: Tenant
Utility Information

Hot Water System

Heat Type:

Fueled By: Hot Water.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Other

School Information

Elementary: Washington

Intermediate:

Middle:

High School: Crosby

Marketing History

Current List Price: $324,900

Original List Price: $324,900

DOM: 30

Listing Date: 5/22/2025

Last Updated: 5/22/2025 5:48:44 PM

Listing Agent and Broker

List Agent Name: Kris Lippi

List Office Name: Get Listed Realty