32 Greenwood St, Naugatuck, CT 06770

$555,000
12
BD
8
BA
5,248
SqFt

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Sold Price
$555,000
List Price
$599,900
Status
CLOSED
MLS#
24166171
Closing Date
May 15, 2026
Year Built
1910
Style
Other
Bedrooms
12
Bathrooms
8
Acres
0.13
Living Area
5,248
Neighborhood
N/A

Property Description

Exceptional value-add opportunity at 32 Greenwood St in Naugatuck, CT. This 8-unit property is perfectly positioned for a full reposition, offering a rare chance to take control of a mostly vacant building and maximize returns. The current unit mix consists of one-bedroom and two-bedroom units, with the ability to convert additional units into two-bedrooms to significantly increase rental income and overall asset value. The majority of units have been vacated, and the property will likely be delivered with minimal occupancy-allowing for a clean, efficient renovation and lease-up strategy without the challenges of tenant turnover. This is a high-upside asset with strong rental potential and significant equity to be created, offering investors the opportunity to step into a scalable project and fully control the reposition from day one.

Additional Information

Taxes
$14,506
Lot Size
5,662
Heating
Hot Air
Cooling System Type
Window/Wall
Water Source
Public
Basement
Full, Unfinished
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Sean Doran from Social & Co Realty. (203) 623-6189 (203) 484-8061

Selling Office: Houlihan Lawrence.

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