54 Naugatuck Ave, Milford, CT 06460
- $910,000
- 3
- BA
- 4,720
- SqFt
- Sold Price
- $910,000
- List Price
- $1,200,000
- Status
- CLOSED
- MLS#
- 24161646
- Closing Date
- Jul 07, 2026
- Year Built
- 1985
- Bathrooms
- 3
- Acres
- 0.10
- Living Area
- 4,720
- Neighborhood
- Walnut Beach
Property Description
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.
Additional Information
- Taxes
- $11,003
- Lot Size
- 4,356
- Heating
- Hot Air
- Cooling System Type
- Central Air, Wall Units
- Water Source
- Public
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Listing courtesy of Jeremy Rosner from Levey Miller Maretz LLC. (203) 389-5377 (203) 389-5377
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