NOT LISTED FOR SALE

161 Cherry St Naugatuck, CT 06770

4 Beds
1 Bath
3,000 Sq Ft
0.29 Acres

Last Sold October 27, 2023

Last sale price $450,000 $150 Per Sq Ft

22 Days on Market

Highlights

  • Attic
  • Screened Porch
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of October 2023

3 Units with great cash flow, $64,800 annually (see attachment). A 4 bedroom Single Family, Master bedroom on first floor. Plus a Two Family with two 3 bedroom apartments. Amazing investment or live in Single Family and the 2 family house brings in $3,150 per month. All situated on a perfect interior lot close to town. Gas heat and hot water. Off street parking. Tenants pay for all utilities including water. An opportunity like this only comes around once in a while so don’t delay. NOTE: Taxes are $7,893, Assessment is $140,830 per town tax office. Discount available when purchased with 77 Cherry St., a 2 Family for a total of 5 Units. See MLS#170591765

Last Agent to Sell the Property

Randy Quinn

Quinn Real Estate License #REB.0557740 Listed on: 08/23/2023

Last Buyer's Agent

Jithu Sajeevan

Serhant Connecticut, LLC License #RES.0824409

Serhant Connecticut, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,893

Year Built

  • Built in 1912

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Naugatuck High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,893

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3000
  • Total Sq Ft: 3000
  • Year Built: 1912
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 08/22/2023
  • Directions: Note Directions: This is an interior lot behind 157 Cherry St.(the brick building). Drive up the the driveway to the left of the brick building.
  • Special Features: None

Interior Features

  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch-Screened
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2900
  • Lot Description: Level Lot
  • Zoning: R8

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7893
  • Mil Rate Base: 44.750
  • Assessor Parcel Number: 2265133

Multi Family

  • Total Num Of Units: 3

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Naugatuck

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $450,000 -6.1% $150 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $479,000 -- $160 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Randy Quinn

    Quinn Real Estate

    Section Image
  • Jithu Sajeevan

    Buyer's Agent in 2023

    Jithu Sajeevan

    Serhant Connecticut, LLC

    (860) 801-7630

    1 in this area

    57 Total Sales

    Jithu Sajeevan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170589546

SmartMLS
Connecticut New Haven County Naugatuck 06770

161 Cherry St, Naugatuck, CT

Not Listed for Sale

MultiFamily

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