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33-35 New Street

Shelton, Connecticut 06484

PENDING$695,000
Beds
4
Baths
3
SqFt
1,868
Acres
0.25
Year Built
1900
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Well-maintained multi-family property offering strong income potential and flexibility for both investors and owner-occupants. Situated on a spacious lot with possible subdivision or expansion potential (subject to approvals). Current rental income includes a studio unit at $1,400/month (lease ending May, then month-to-month) and a 1BR/1BA unit at $1,750/month (lease through February). A 2BR/1BA unoccupied unit was previously rented at $1,950/month, presenting an opportunity for increased income. Significant upside with potential to increase rents across all units. Great opportunity for investors looking to add value. Private showings are for unoccupied unit only.

Key Facts

City/Town
Shelton
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1900
Days on Market
91 days
Beds
4
Baths
3 full
Living Area
1,868 sq ft
Lot Size
0.25 acres
Property Taxes
$3,281 / Annually

Market Snapshot

The Shelton Market

Multi-Family · trailing 12 months

Median Days on Market

33

3 active listings

Median $ / Sq Ft

$329

3 active listings

Sale-to-List Ratio

101.3%

15 sales

How this home compares

List Price

$695,000

vs $589,000 median

18.0% above median

Price / Sq Ft

$372

vs $329 median

13.1% above median

Days on Market

91 days

vs 33 days median

58 days longer than median

Based on 3 active and 15 closed sales (trailing 12 mo) of multi-family in Shelton. Source: SmartMLS · As of July 28, 2026.

Location

33-35 New Street, Shelton, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,049

per month

  • Principal & Interest$3,544
  • Property Taxes$273
  • Insurance$232
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Shelton
Neighborhood
N/A
County
Fairfield

Residence

Property Type
Multi-Family
Subtype
3 Family
Style
Units on different Floors
Year Built
1900
New Construction
No/Resale
Living Area
1,868 sq ft

Schools

Elementary
Elizabeth Shelton
Middle
Per Board of Ed
High
Shelton

Interior

Heating
Gas on Gas
Cooling
None
Laundry
Washer/Dryer All Units
Basement
Partial

Exterior & Lot

Lot Size
0.25 acres
Zoning
R-5
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
BrickStone
Lot Description
N/A

Listing & Financials

Property Taxes
$3,281 / Annually
Days on Market
91
MLS #
24170719
MLS Status
Under Contract

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Gwen Teixeira

(203) 954-6024

Preston Gray Real Estate

(475) 269-5100

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 7:05 AM UTC.