32 Greenwood
Naugatuck, CT 06770

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 12 BR
Bathrooms: 8
Area: 5248 sq ft

Financials

Price:$659,900
Annual Taxes:$14,506
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Sean Doran of Social & Co Realty

Exceptional value add opportunity at 32 Greenwood St in Naugatuck, CT.

Description

Exceptional value-add opportunity at 32 Greenwood St in Naugatuck, CT. This 8-unit property is perfectly positioned for a full reposition, offering a rare chance to take control of a mostly vacant building and maximize returns. The current unit mix consists of one-bedroom and two-bedroom units, with the ability to convert additional units into two-bedrooms to significantly increase rental income and overall asset value. The majority of units have been vacated, and the property will likely be delivered with minimal occupancy-allowing for a clean, efficient renovation and lease-up strategy without the challenges of tenant turnover. This is a high-upside asset with strong rental potential and significant equity to be created, offering investors the opportunity to step into a scalable project and fully control the reposition from day one.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Window Unit

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