Multi-Family For Sale · 5 Family+
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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.
Listed by Sean Doran (203) 623-6189 with Social & Co Realty (203) 484-8061
Estimate only. Contact a lender for accurate figures.
Sean Doran · (203) 623-6189
Social & Co Realty · (203) 484-8061
MLS# 24166171 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated Apr 10, 2026 3:06 PM UTC
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32 Greenwood Street, Naugatuck CT, 06770
$659,900 • Active
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