Welcome to 20 Lounsbury Avenue, a prime investment opportunity in Waterbury, CT! This well-maintained property features six units with a healthy mix of updated three bedrooms, two bedrooms, and one-bedroom apartments, catering to diverse tenant needs. This property features a freshly paved rear lot, allowing ample off street parking for your tenants. Operated with excellence, the property boasts a track record of long-term, cash-paying tenants, all currently at or near market rents. With a 100 percent occupancy rate, this investment offers immediate and stable returns. Potential to add up to $7,200 in yearly NOI through lease up. As part of this unique package, the sale includes 26 Lounsbury, a vacant flat parcel with RM zoning. This parcel, previously the site of a 6-unit property, presents an exciting opportunity for future development or expansion. Whether you're a seasoned investor looking to add to your portfolio or a newcomer seeking a turnkey investment, 20 Lounsbury Avenue is your gateway to a thriving real estate venture in Waterbury, CT.