Well maintained multi family property offering strong income potential and flexibility for both investors and owner occupants.


Property

Website:https://www.nestseekers.com/5438439
Address:
33-35 New
Shelton, CT 06484
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 4 BR
Bathrooms: 3
Area: 1868 sq ft

Financials

Price:$695,000
Annual Taxes:$3,281

Description

Well-maintained multi-family property offering strong income potential and flexibility for both investors and owner-occupants. Situated on a spacious lot with possible subdivision or expansion potential (subject to approvals). Current rental income includes a studio unit at $1,400/month (lease ending May, then month-to-month) and a 1BR/1BA unit at $1,750/month (lease through February). A 2BR/1BA unoccupied unit was previously rented at $1,950/month, presenting an opportunity for increased income. Significant upside with potential to increase rents across all units. Great opportunity for investors looking to add value. Private showings are for unoccupied unit only.

Amenities

  • Elementary School - Elizabeth Shelton
  • High School - Shelton
  • Intermediate School - Per Board of Ed

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Gwen Teixeira of Preston Gray Real Estate