New Listing - 05/18/2026
Listing courtesy of Jeanette Politano (203) 218-3383, Coldwell Banker Realty (203) 452-3700
556 Pepper Street, Monroe, (Upper Stepney), CT, 06468
4 beds
3 Full baths
1932
3,768 sqft
If you are a contractor and need a place to live, rent for additional income and lease out a separate 2 bedroom apartment on one site, this is for you! This I2 Industrial zoned, which has a grandfathered residential 2-family house, delivers on every level-whether you seek a home-based business location, a contractor's yard, or a future commercial development. opportunity. The property location provides the abundant parking and exposure required for an auto enthusiast, landscaper, electrician, or HVAC professional, while the backyard remains a true sanctuary. A portion of the acreage consists of protected wetlands, ensuring a permanent privacy buffer and lush views leading to a private wooden bridge over a babbling brook. Enjoy direct access to the Rails-to-Trails system for miles of hiking and biking right from your back door. Rest easy with a brand-new roof 2025, independent AireForce heat pumps 2021/2025, and modernized kitchens and bathrooms featuring stainless steel appliances and new cabinetry 2021-2025. This grandfathered and legal 2-family house is currently being used as a 1-family/one unit residential house for his family, while utilizing the exterior for parking his work trucks. The owner will put back the separating wall if requested to bring it back to 2 units. Separation is by 2nd staircase hallway. A new owner can keep it as a residential house for their own family, they can bring it back to a 2-family house by having the owner put back the wall that separates the units AND/OR can use part of the house for business and part for residential. This is a unique opportunity for the person that wants a place to live, work and obtain potential investment income.
Status:
Active
Town:
Monroe
Type:
Commercial
Units:
2
Zoning:
I2
Frontage:
Municipal Street,Paved Road
Garage:
Parking Lot, Unpaved
Heating:
Baseboard, Heat Pump, Hot Water, Zoned
Cooling:
Central Air, Heat Pump, Zoned
Parking:
12-car
Acreage:
1.33
Est. Taxes:
$9,065
Assessment
$316,170
Current Use
Residential 2-family house as a 1-family house
Permitted Use
Residential Income, Commercial offices, I2 Uses
Utilities
Electric,Telephone,Cable
Lot Description:
Some Wetlands,Treed,Level Lot,Cleared
Days on Market:
3
MLS #:
24177021
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