Fantastic Investment Opportunity In Naugatuck

NAUGATUCK, CT -- This property located at 298 Hillside Avenue in Naugatuck is currently on the market for $369,900, according to Realtor.com.

• Address: 298 Hillside Ave, Naugatuck, Connecticut
• Price: $369,900
• Square Feet: 4795
• Bedrooms: 10
• Bathrooms: 6 Baths
• Built: 1900
• Features: FANTASTIC INVESTMENT OPPORTUNITY. Extremely Well-Maintained by the Current Owner for 41-Years. This 6-Unit Building features an Oversized Detached 4-Car Garage. All Units are currently leased with very low turnover.
• Most tenants have rented for multiple years. A positive vision exists for higher rents in this desirable section of Naugatuck. Features include 6 Gas Furnaces installed 6-7 years ago along with the Electrical Service and Asphalt Shingled Roof. Vinyl Windows were installed approx. 10-Years ago. There is also a Central Fire Alarm. 11-Fire Rated Doors were installed in January 2020 and inspected by the Naugatuck Fire Marshal. 5-Units have 2-Bedrooms and 1-Unit has 1-Bedroom. All units have Full Bathrooms with Tub and Shower.
• The electric and gas utilities are all separate and the responsibility of the tenants. There is a separate electrical service for the common areas within the building which the owner is responsible for. Current Total Income is $4, 300/month and $51, 600/year. Water and Trash Removal Service currently provided by the owner. ABSOLUTELY NO property access without appointment and reasonable tenant notification. Room Sizes are Estimated: Kitchen 10'x12', Bathroom 7'x5', Bedroom 11'x10', Bedroom 10'x10', Living Room 14'x14'. Review Agent Remarks.

This listing originally appeared on realtor.com. For more information and photos, click here.