33-35 New Street
Shelton, Connecticut

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.

Listing Courtesy of Preston Gray Real Estate