37 New Street
Naugatuck, Connecticut

Description:

Fantastic opportunity for investors! An exceptional chance to acquire a multi-family property located on the westside of Naugatuck, CT. This house is ideal for those looking to expand their investment portfolio or for an owner-occupant seeking rental income to offset their mortgage! This 3-bedroom, 2-bathroom home presents strong potential for generating consistent rental income, especially in the current seller's market where demand for housing exceeds supply. Spanning 1,850 square feet, the property offers generous living areas, providing comfortable homes for tenants or ample space for an owner-occupant. There is one bedroom on the first floor unit and two bedrooms on the 2nd floor unit, each with one full bathroom. The house is owned by a wonderful family for many years which presents great charm and character throughout with unique wood floors and paneling. With some nice cosmetic updates and great vision, you'll see the potential of this wonderful home. Both units offer independent utilities for electricity and heating, ideal for reducing landlord expenses. Natural gas currently installed in the property and connected to the stoves in each unit. This location offers a fantastic commute with easy access to major routes including Route 8/84/63, making it attractive to tenants working in nearby cities like Hartford, New Haven, or New York. Shopping, schools, parks, and the train station are all close by! Don't miss your chance to own this property.

Listing Courtesy of RE/MAX RISE