$1,200,000

Under Contract - Continue to Show

Est. Mortgage $5,833/mo *

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Listing courtesy of Jeremy Rosner (203) 389-5377, Levey Miller Maretz LLC (203) 389-5377

54 Naugatuck Avenue, Milford, (Walnut Beach), CT, 06460

54 Naugatuck Avenue, Milford, (Walnut Beach), CT, 06460
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0 beds

3 Full baths

1985

4,720 sqft

Discover a rare and versatile investment in the heart of Milford's premier live-work-play coastal community, Walnut Beach. This meticulously maintained property features a newly renovated ground-floor restaurant secured by a stable, long-term lease. Above, you'll find four oversized studio/one-bedroom apartments that offer significant upside potential in a high-demand rental market. Efficiency is built-in with separate gas and electric utilities for every unit, keeping overhead low and management simple. The location is truly unbeatable-just steps from the sandy shores of Walnut Beach, local boutique shops, and a vibrant culinary scene. Tenants will fall in love with the "endless summer" vibe, defined by seasonal festivals, live music, and a thriving arts district. With the Milford Metro-North Station only seven minutes away, this property perfectly captures the balance of vacation-style living and easy commuter access to New Haven and New York City.

Status:

Under Contract - Continue to Show

Town:

Milford

Type:

Commercial

Units:

5

Zoning:

CDD2

Frontage:

Municipal Street

Heating:

Hot Air

Cooling:

Central Air, Wall Unit

Acreage:

0.1

Est. Taxes:

$11,003

Assessment

$372,350

Current Use

Mixed use

Permitted Use

Mixed use

Utilities

Electric,Gas,Telephone,Cable

Lot Description:

Level Lot

Days on Market:

69

MLS #:

24161646

Community Info

School Info

Walk Score

Mass Transit

Yelp

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