29 Locke Street, Ansonia, CT 06401 (MLS # 24181688)

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PRICE $420,000 BEDS 6 BATHS 2 HOME SIZE 2,410 sqft LOT SIZE 4,792 sqft Request More Info Schedule a Showing

A rare chance to own an income-producing asset with built-in upside in the heart of Ansonia's established residential corridor. This two-family property offers the best of both worlds: immediate cash flow from a leased unit on one side, other unit is ready for your vision. With one side already tenanted and generating rental income, your investment starts working immediately. The occupied unit provides a stable base while you focus on maximizing the other unit on your own timeline. Sweat Equity Welcome. The right side unit is in need of repair - and that's exactly where the opportunity lives. Whether you're a seasoned investor looking to force appreciation, a contractor ready to roll up your sleeves, or an owner-occupant who wants to live on one side and rent the other, the right side unit gives you the flexibility to renovate to market standards and command top-of-market rents. Why Ansonia? Situated in the lower Naugatuck Valley, Ansonia offers affordable entry points, strong rental demand, and convenient access to Route 8, Metro-North commuter rail, and the Greater New Haven employment market. The city's continued revitalization efforts make now an ideal time to add Valley-area multifamily to your portfolio. Key Highlights: Two-family / duplex configuration One unit leased - immediate income One unit ready for your customization - value-add potential Investor, and developer friendly. Property is being sold as is .