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111 Highland Avenue

Naugatuck, Connecticut 06770

PENDING$365,000
Beds
4
Baths
2
SqFt
1,672
Acres
0.18
Year Built
1890
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Strong investment opportunity with reliable cash flow! This fully rented 2-family property operates like a well-oiled machine with established tenants already in place. Each unit offers 2 bedrooms and 1 full bath; currently utilized as 3 bedroom layouts for added flexibility and rental appeal. Tenants cover their own utilities, helping maximize owner returns. Whether you're looking to expand your portfolio or add a steady income-producing property, this turnkey multifamily offers immediate revenue potential with minimal vacancy concerns. Conveniently located near local amenities, shopping and major routes. A solid addition for both seasoned and newer investors. Price is DSCR approved!

Key Facts

City/Town
Naugatuck
Neighborhood
Millville
Property / Style
Multi-Family · Units on different Floors
Year Built
1890
Days on Market
65 days
Beds
4
Baths
2 full
Living Area
1,672 sq ft
Lot Size
0.18 acres
Property Taxes
$5,242 / Annually

Market Snapshot

The Naugatuck Market

Multi-Family · trailing 12 months

Median Days on Market

28

3 active listings

Median $ / Sq Ft

$146

3 active listings

Sale-to-List Ratio

100.0%

39 sales

How this home compares

List Price

$365,000

vs $580,000 median

37.1% below median

Price / Sq Ft

$218

vs $146 median

49.3% above median

Days on Market

65 days

vs 28 days median

37 days longer than median

Based on 3 active and 39 closed sales (trailing 12 mo) of multi-family in Naugatuck. Source: SmartMLS · As of July 29, 2026.

Location

111 Highland Avenue, Naugatuck, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,420

per month

  • Principal & Interest$1,861
  • Property Taxes$437
  • Insurance$122
  • HOA$0

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

Location

City/Town
Naugatuck
Neighborhood
Millville
County
New Haven

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1890
New Construction
No/Resale
Living Area
1,672 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Window Unit
Laundry
Basement Hook-Up(s)
Basement
FullUnfinishedFull With Hatchway

Exterior & Lot

Lot Size
0.18 acres
Zoning
R45
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Sloping Lot

Listing & Financials

Property Taxes
$5,242 / Annually
Days on Market
65
MLS #
24177314
MLS Status
Under Contract - Continue to Show

Similar Properties

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

Listed By

Macey Mazzella

(203) 770-5842

RE/MAX RISE

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

The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. 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 7/29/2026 at 10:10 AM UTC.