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6-Unit Apartment Building
For Sale
Contact for pricing
Pending

102 Spring Street, Naugatuck, CT 06770

Fully rented multifamily property with updated siding, on-site parking, and convenient access to train, bus, and highways.

Property SizeContact for details
Days on Market145

Property Features for 102 Spring Street

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%
Net Operating Income $48,734

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Gross Income $67,200
Multifamily Units 6
Listing Agency: Century 21 Allpoints Realty Southington
Listed By: David Hughes · License #RES.0815463
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 6:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allpoints Realty Southington

Investment Insights

Based on property information with market context.

This six-unit multifamily property at 102 Spring Street is fully rented and includes newer siding, a large parking area, and separate gas and electric water-heating systems. An independent electrical panel with a timer controls the exterior lighting. The sale also includes the tax parcel identified as 2261285 and 9 Diamond St, an approved lot for additional construction.

The property is positioned near public transportation, including train and bus service, as well as highway connections. The additional parcel and approved building lot are part of the offering, expanding the property’s physical footprint beyond the existing apartment building. The source information indicates a cap rate projected to exceed 8.

Key Highlights

  • Six‑unit apartment property that is fully rented
  • Newer siding and separate gas and electric water heaters
  • Large parking lot included with the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Barber Shop Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby

Demographics for 06770, CT

31,634
Population
13,156
Households
2.4
Avg Household Size
40
Median Age
32%
College-Educated
91%
High-School Grad
16.4 sq mi
ZIP Area
1,929
Density / Sq Mi
$92,047
Median Household Income
$47,615
Median Earnings
$1,309
Median Rent
$241,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented multifamily property with updated siding, on-site parking, and convenient access to train, bus, and highways.
Where is this apartment building located?
The property is located at 102 Spring Street Naugatuck, CT.
What are key features of this property?
This property features: Six‑unit apartment property that is fully rented; Newer siding and separate gas and electric water heaters; Large parking lot included with the property
(860) 621-8378 Call to check price and availability
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