83 Meadow, Naugatuck, CT 06770

$395,000
  • 83 Meadow, Naugatuck, CT 06770 Main Photo

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New to the Market Active
BEDS3 BATHS3 full SQUARE FEET2,705 MLS#24175046
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Opportunity knocks! This multi-family property offers tremendous potential for investors, contractors, or owner-occupants looking to build equity through renovation and updates. The property is in need of significant updating, but its flexible layout and income-producing possibilities make it a rare value-add opportunity. Currently configured with three residential units, the property also features a first-floor office space that could potentially be converted into an additional apartment, creating the possibility for four units under one roof (buyer to conduct their own due diligence regarding approvals and zoning requirements). Conveniently located close to downtown, shopping, restaurants, parks, and major commuter routes, this property is ideal for someone with vision looking to maximize rental income and long-term value. Bring your ideas and unlock the full potential of this unique investment opportunity! (Note: Naugatuck is currently undergoing a significant revitalization initiative, and it is believed this property may be within the redevelopment district, potentially making it eligible for grants or state funding opportunities. Buyers and their agents are encouraged to perform their own due diligence regarding redevelopment status and eligibility. Several photos have been virtually staged.)

83 Meadow | MLS# 24175046

This multi-family property located at 83 Meadow, Naugatuck, CT 06770 is currently listed for sale with an asking price of $395,000. Search Naugatuck real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Concrete Floor
Cooling: None
Fuel Type: Electric, Oil
Heating: Baseboard, Radiator, Zoned
Home Style: Units on different Floors
Lot Size: 0.08 Acres
Roof Type: Asphalt Shingle
Taxes: $8,991
Year Built: 1900

Feature Descriptions

Days on Site: 4
Exterior: Vinyl Siding
Lot: Corner Lot
Sewer: Public Sewer Connected
Units: 3
Water: Public Water Connected
Waterfront: Not Applicable

Local Schools

High School: Naugatuck
Elementary School: Per Board of Ed

Listed By / Shown By

Listing By

Agency Name: RE/MAX RISE
Agency Phone: (203) 7146479
Agent Name: Laura H. Rose

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 1,743.56 per month $879.10 Principal & Interest $749.25 Property Tax $115.21 Homeowner's Insurance

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