$499,000

198 Scott Street, Naugatuck, CT 06770

6 beds |
3 baths |
2,961 sqft

Multi-Family Home
Built in 1928
0.25acre lot
1 car garage
$169/sqft
Listed 19 days ago

Property Description

Investor Special - Turnkey Multi-Family with Instant Cash Flow! Fully rented and producing strong, consistent income from day one, this multi-family property in a quiet Naugatuck neighborhood is a perfect addition to any investor's portfolio. The first-floor unit includes 3 bedrooms, 2 full bathrooms, and a newly renovated basement with 2 additional rooms - ideal for extra bedrooms, office space, or storage. The basement also offers a 1-car garage and a convenient walk-out entrance. The second-floor unit features 3 bedrooms, 1 full bathroom, and a brand-new vinyl deck (built August 2025) for added tenant appeal.This property offers a huge backyard space, perfect for entertaining guests or enjoying outdoor activities. Both units have been updated with new vinyl flooring throughout, and a new water heater was installed in October 2025.This property is fully stabilized, turnkey, and low-maintenance - providing immediate returns with reliable tenants already in place. A great opportunity for investors seeking steady cash flow and long-term growth potential in a desirable Naugatuck location. This one won't last long - schedule your showing today! Owner is a licensed realtor. Calling highest and best offer by 10/28 @ 8pm.

Listing Status:: Active
Date Added:: October 16, 2025 at 08:28PM
Listing Office:: Higgins Group Greenwich : (203) 220-5020
Listing Agent:: Tenaira Greene : (203) 904-5073
MLS ID:: 24124512

Laundry: All Units Have Hook-UpsWasher/Dryer Some Units
Basement: FullStorageFully FinishedGarage AccessLiveable SpaceFull With Walk-Out
A/C: Ceiling Fans
Heating: Hot WaterNatural Gas
Fireplace: Fireplaces: 0

General: Balcony
Style: Units on different Floors
Parking: Parking spaces: 6

Roofing: Asphalt Shingle

County: New Haven

Driveway: PrivateShared
Zoning: R82265401

Water: Public Water Connected
Sewer: Public Sewer Connected

Exclusions: Washer and dryer on the second-floor unit

This listing courtesy of Tenaira Greene, Higgins Group Greenwich

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Andrew Avenue Elementary School

140 Andrew Ave, Naugatuck, CT, 06770

Grades KG-4

0.20 miles away

City Hill Middle School

441 City Hill St, Naugatuck, CT, 06770

Grades 7-8

1.49 miles away

Naugatuck High School

543 Rubber Ave, Naugatuck, CT, 06770

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.