$395,000

83 Meadow Street, Naugatuck, CT 06770

  • 2 baths
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Opportunity knocks! This multi-family/commercial property offers tremendous potential for investors, contractors, or owner-occupants looking to build equity through renovation and updates. The property is in need of significant updating, but its flexible layout and income-producing possibilities make it a rare value-add opportunity. Currently configured with three residential units, the property also features a first-floor office space that could potentially be converted into an additional apartment, creating the possibility for four units under one roof (buyer to conduct their own due diligence regarding approvals and zoning requirements). Conveniently located close to downtown, shopping, restaurants, parks, and major commuter routes, this property is ideal for someone with vision looking to maximize rental income and long-term value. Bring your ideas and unlock the full potential of this unique investment opportunity! (Note: Naugatuck is currently undergoing a significant revitalization initiative, and it is believed this property may be within the redevelopment district, potentially making it eligible for grants or state funding opportunities. Buyers and their agents are encouraged to perform their own due diligence regarding redevelopment status and eligibility. Several photos have been virtually staged.)

Listing Status:
Active
Date Added:
May 12, 2026
Data Last Updated:
May 18, 2026 at 4:51PM
Listing Office:
RE/MAX RISE : (203) 714-6479
Listing Agent:
Laura Rose : (203) 217-2239
MLS ID:
24174045
  • A/C: Window Unit
  • Heating: BaseboardRadiatorZonedElectricOil
  • Roofing: Asphalt Shingle
  • Road/Access: Municipal StreetPaved Road
  • County: New Haven
  • Zoning: DD1228881
  • Utilities: ElectricPhone AvailableCable Available
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Laura Rose , RE/MAX RISE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location