William Raveis Luxury Properties
William Raveis Luxury Properties

7 Trap Falls Road

Shelton, CT, United States

109 Market Street

Description

Exciting Opportunity to Invest in a Turnkey 5-Family Gem. This unique property consists of two buildings on one lot, offering a total of five apartments. The first building features three apartments, each with three bedrooms. The second building is a two-family property with two bedrooms in each apartment. All apartments have been meticulously updated from top to bottom, boasting beautiful hardwood floors, bright finishes, updated electrical, windows, plumbing, and more. Additionally, each apartment has certificate of lead conformance. One of the key highlights of this property is that all utilities are separated, providing convenience and ease of management. Furthermore, each apartment home is equipped with washer/dryer hookups in the basement. The property also includes a massive 2-car garage and workshop, offering the potential to increase rental income. The attic space in the garage presents an opportunity for further expansion, with limitless possibilities. In addition to these features, the property offers off-street parking and the apartments are currently rented below market price, presenting a great opportunity for increased revenue. This property presents a remarkable opportunity and is primed for the ideal investor.

Business Details

Year Established
1974

Service Areas

Massachusetts, USA
Connecticut, USA
New York, USA
Rhode Island, USA
Vermont, USA
New Hampshire, USA
New Jersey, USA

Additional Resources