163 Coram Avenue
Shelton, Connecticut

Description:

Presenting 163 Coram Avenue, a beautifully updated 4-family property in the heart of Shelton offering exceptional value for both savvy investors and owner-occupants. With approximately 5,000 sq ft of living space, this fully renovated asset is truly turn-key. Income Potential: Fully rented: around $8,200/month OR Owner-occupy option: live in one unit and collect $5,900/month from the other three! Unit Breakdown: Unit 1 (Lower/Ground Level): 2 bed / 1 bath . Units 2, 3 & 4: Each 3 bed / 1 bath. All three 3-bedroom units have been fully updated with: Brand new kitchen cabinets, Sleek quartz countertops & stylish backsplashes, Stainless steel appliances, New flooring (some mixed with refinished hardwood), Fresh paint throughout, New electrical switches, outlets & fixtures. Key Updates & Features: Newer roof (approx. 2020), Four new hot water heaters (2025 x3, 2023), Mixed heating systems: Basement: Gas radiator. 1st Floor: Gas heat. 2nd Floor: Electric heat. 3rd Floor: Gas heat. Large parking lot in the back for off street parking. This property is ideal for investors seeking immediate cash flow, or homeowners wanting to offset their mortgage with rental income. Located in a desirable area of Shelton, it's close to local amenities, schools, and transportation.

Listing Courtesy of Coldwell Banker Realty