109 Prospect Avenue

    Shelton, CT 06484
    • $399,900
    • STATUS: Active Under Contract
    • ON SITE: 11 days
    • MLS #: 170230711
    Under Contract
    UPDATED: 63 min ago
    $399,900
    • 5
      BEDS
    • 0.17
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,310
      SQFT
    • $121
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great investment opportunity in Downtown area of Shelton. This spacious 3-family sits on a level .17 acre lot with a 2 car detached garage and plenty of off street parking. First and second floor units have 2 bedrooms and 1 bath and are leased for $1300 and $1295 respectively. Each unit has updated kitchen and bath and both have central air. The third floor unit is a 1 bedroom and one bath and is leased for $875 per month. All new water heaters. Forced air furnaces are older but have been recently serviced and have years left of service (according to owner). Second floor AC coil and condenser are new. Updated electrical service for all units. Newer vinyl siding and the roof was just replaced. Detached garage and ample off-street parking. With a cap rate of 9% or better and Shelton's low tax rate and high rental demand, this multi-family is ideal for investors. There are so many updates in this home filled with woodwork details that are hard to find nowadays! Shared patio space. Close to Rt. 8, shopping, and restaurants. 24 hour notice required for all showings.

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    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Michael & Associates Premium Properties | MAPP TEAM. Data last updated: 2019-09-17T11:57:29.423.
    www.mappmyhome.com/homes/98666854

    109 Prospect Avenue Shelton, CT 06484

    • Price: $399,900
    • Status: Active Under Contract
    • Updated: 63 min ago
    • MLS #: 170230711
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,310
    SQFT
    $121
    $/SQFT
    1920
    Built
    Neighborhood:
    Shelton Center
    County:
    Fairfield
    Area:
    Shelton
    Elementary School:
    Long Hill
    Middle School:
    Shelton
    High School:
    Shelton
    Property Description
    Great investment opportunity in Downtown area of Shelton. This spacious 3-family sits on a level .17 acre lot with a 2 car detached garage and plenty of off street parking. First and second floor units have 2 bedrooms and 1 bath and are leased for $1300 and $1295 respectively. Each unit has updated kitchen and bath and both have central air. The third floor unit is a 1 bedroom and one bath and is leased for $875 per month. All new water heaters. Forced air furnaces are older but have been recently serviced and have years left of service (according to owner). Second floor AC coil and condenser are new. Updated electrical service for all units. Newer vinyl siding and the roof was just replaced. Detached garage and ample off-street parking. With a cap rate of 9% or better and Shelton's low tax rate and high rental demand, this multi-family is ideal for investors. There are so many updates in this home filled with woodwork details that are hard to find nowadays! Shared patio space. Close to Rt. 8, shopping, and restaurants. 24 hour notice required for all showings.
    Exterior Features

    Color Grey Construction Description Frame Driveway Type Private Exterior Features Covered DeckDeck Exterior Siding Vinyl Siding Foundation Type Concrete Lot Description City ViewsLevel Lot Roof Information Asphalt Shingle Style Units On Different Floors Waterfront Description Not Applicable

    Interior Features

    Attic Description Access Via Hatch Attic Yn Yes Basement Description Full With Hatchway Cooling System Central AirWindow Unit Fireplaces Total 0 Heat Type BaseboardGas On GasHot Air Hot Water Description 100 Gallon Tank

    Property Features

    Bank Owned Property Yn No Direct Waterfront Yn No Fuel Tank Location Non Applicable Garage Parking Info Detached GarageDrivewayOff Street Parking Heat Fuel Type ElectricNatural Gas Hoa Yn No Intermediate School Perry Hill Laundry Room Info All Units Have Hook-UpsBasement Hook-Up(S)Hook-Up In Unit 3Washer/Dryer Some Units Nearby Amenities Golf CourseLibraryMedical FacilitiesParkPlayground/Tot LotPrivate Rec FacilitiesPublic PoolPublic Rec Facilities New Construction Type No Possession Availability Negotiable Property Sub Type 3 Family Property Tax 4518 Sewage System Public Sewer Connected Sewer Usage Fee Annual 500 Sign Yn No Swimming Pool Yn No Water Source Public Water Connected Zoning R-3

    Listing information © 2019 Smart MLS
    Listing provided courtesy of Chris S Bacoulis of Realty One Group Connect.


    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Michael & Associates Premium Properties | MAPP TEAM. Data last updated: 2019-09-17T11:57:29.423.
     
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    Fairfield CT, 06825