Well-Maintained Multifamily
For Sale
$695,000
Pending
33-35 New Street, Shelton, CT 06484
Three-unit multifamily property with current income and a vacant 2BR unit ready for re-rental.
Property Size1,868 SF
Days on Market134
Property Features for 33-35 New Street
General Information
Standard status
Pending
Size
1,868 SF
Property subtype
3 Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1900
Listing Agency:
Preston Gray Real Estate
Listed By:
Gwen Teixeira
(203) 954-6024
Source:
Lockandkeyre
Added: Apr 27
Changed: Aug 8
Last Checked: Jul 24 at 1:40PM
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 Preston Gray Real Estate
Investment Insights
Based on property information with market context.
Well-maintained triplex-style multifamily property offering a mix of occupied and unoccupied unit configuration. Current rental income includes a studio unit and a 1BR/1BA unit, and a 2BR/1BA unit is currently unoccupied after previously operating at a higher rent level. The property is described as well-kept, with a lease ending in May for the studio unit transitioning to month-to-month, while the 1BR/1BA unit remains leased through February.
The property is situated on a spacious lot with stated potential for subdivision or expansion, subject to required approvals. Private showings are restricted to the unoccupied unit only.
For buyers seeking a residential income property with flexible occupancy, the existing unit mix includes one currently vacant unit, with the reported opportunity to increase rents across all units.
The property is situated on a spacious lot with stated potential for subdivision or expansion, subject to required approvals. Private showings are restricted to the unoccupied unit only.
For buyers seeking a residential income property with flexible occupancy, the existing unit mix includes one currently vacant unit, with the reported opportunity to increase rents across all units.
Key Highlights
- Three‑unit multifamily property built in 1900, with two occupied rentals plus a vacant 2BR unit ready for re‑rental
- Studio unit rented for $1,400/month; lease ends May and then moves to month‑to‑month
- 1BR/1BA unit rented for $1,750/month; lease through February
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
Explore this area
Business Placement
Demographics for 06484, CT
40,869
Population
16,578
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
94%
High-School Grad
30.6 sq mi
ZIP Area
1,336
Density / Sq Mi
$114,739
Median Household Income
$62,338
Median Earnings
$1,661
Median Rent
$435,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit multifamily property with current income and a vacant 2BR unit ready for re-rental.
Where is this triplex located?
The property is located at 33-35 New Street Shelton, CT.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1900, with two occupied rentals plus a vacant 2BR unit ready for re‑rental; Studio unit rented for $1,400/month; lease ends May and then moves to month‑to‑month; 1BR/1BA unit rented for $1,750/month; lease through February
