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Turnkey Multifamily Investment Opportunity
For Sale
$365,000
Pending

111 Highland Avenue, Naugatuck, CT 06770

Fully rented 2-family property with immediate revenue potential.

Property Size1,672 SF
Days on Market100

Property Features for 111 Highland Avenue

General Information

Standard status Pending
Size 1,672 SF
Property subtype 2 Family

Building Details

Year Built 1890
Listing Agency: RE/MAX RISE
Listed By: Macey Mazzella · License #RES.0800550
Source: Lockandkeyre
Added: May 25 Changed: Aug 23 Last Checked: Aug 3 at 8:59AM

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 RE/MAX RISE

Investment Insights

Based on property information with market context.

This fully rented 2-family property presents a strong investment opportunity with reliable cash flow. The property is located in Naugatuck, CT. Each unit features 2 bedrooms and 1 full bath, currently utilized as 3-bedroom layouts for added flexibility and rental appeal. Tenants are responsible for their own utilities. The property is conveniently located near local amenities, shopping, and major routes. This turnkey multifamily property offers immediate revenue potential with minimal vacancy concerns, making it a solid addition for both seasoned and newer investors. The property size is 1672 square feet.

Key Highlights

  • Fully rented 2‑family property with established tenants for immediate cash flow.
  • Tenants pay their own utilities, maximizing owner returns.
  • Each unit has 2 bedrooms and 1 full bath; currently utilized as 3 bedroom layouts for added flexibility.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Acupuncture 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.

Location Intelligence

Trade Area within ½ mile

763
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully rented 2-family property with immediate revenue potential.
Where is this duplex located?
The property is located at 111 Highland Avenue Naugatuck, CT.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Fully rented 2‑family property with established tenants for immediate cash flow.; Tenants pay their own utilities, maximizing owner returns.; Each unit has 2 bedrooms and 1 full bath; currently utilized as 3 bedroom layouts for added flexibility.
More about this property
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