10 days on market
Under Contract
More about this Property

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172 Prospect Avenue, Shelton CT 06484

Current Price: $639,900

5 beds 3 baths 3238 sq. ft

Last Update: 6/24/2025

Property Type: Multi-Family For Sale

Public Remarks

Welcome to 172 Prospect Avenue! In a thriving Shelton market, dont miss this rare opportunity to own a well maintained three family home to create long term appreciation and cashflow. With multiple options, the homeowner can live in one of the three units and rent the other two to supplement mortgage or rent all units as an investment opportunity. The first and second floor units have 2 Bed/1 Bath, with the potential for a 3rd bedroom. The third floor unit has 1 Bed/1 Bath and separate entrance. All units are equipped with laundry. This property has been well maintained and has undergone multiple improvements; updated 2nd floor kitchen (2024), 1st and 2nd floor windows replaced, roof replaced, gutters and leaf filters installed, driveway was paved in 2022, wood fence replaced, and all exterior wood of house recently painted. This home boasts ample parking, 2 driveways (paved and gravel). The exterior has a covered front porch and a concrete patio in the yard. This property is conveniently located close to Route 8, Merritt Parkway, restaurants, and shops in downtown Shelton. This is a must see, an opportunity that wont last! Highest and Best Due 4/23 by 8:00 pm.

Map to Property at 172 Prospect Avenue, Shelton CT 06484


Hill Street to Prospect Avenue

Residential Property Information for 172 Prospect Avenue, Shelton CT 06484

MLS #: 24087916

Style: Units on different Floors

Color: Tan

Total Rooms:

Bedrooms: 5

Bathrooms: 3

Acres: 0.16

Year Built: 1920 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $4,766

Zoning: R-5

Mil Rate:

Assessed Value: $248,500 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 3238; below grade sq feet total is ; total sq ft is 3238

Features
Laundry Location & Info: Washer/Dryer All Units 
Fireplaces: 0
Basement Desc.: Full,Unfinished,Storage,Hatchway Access,Interior Access,Concrete Floor,Full With Hatchway
Exterior Siding: Clapboard,Vinyl Siding
Exterior Features: Sidewalk,Porch,Gutters,Lighting,Patio
Foundation: Block,Stone
Roof: Asphalt Shingle
Driveway Type: Private,Paved,Asphalt
Garage/Parking Type: None,Paved,Driveway,Unpaved
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Nearby Amenities: Golf Course,Health Club,Library,Medical Facilities,Park,Public Transportation,Shopping/Mall
In Flood Zone: 0
Occupied: Tenant
Utility Information

Hot Water System

Heat Type:

Fueled By: Gas on Gas,Radiator.

Cooling: Ceiling Fans,Window Unit

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $639,900

Original List Price: $639,900

DOM: 10

Listing Date: 4/14/2025

Last Updated: 5/12/2025 6:07:11 PM

Listing Agent and Broker

List Agent Name: Monica Fatsy

List Office Name: Preston Gray Real Estate