Welcome to 172 Prospect Avenue! In a thriving Shelton market, don't 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 won't last!