Rand Commercial is pleased to present the exclusive offering of 1038–1056 Main Street South in Woodbury, Connecticut. This well-maintained multifamily property comprises a total of 32 residential units, along with an additional unit currently used as a management office, which has the potential to be converted back into a residential unit—bringing the total to 33 rentable units. The property is fully free-market, with no rent control or stabilization restrictions. It has been meticulously maintained, offering new ownership a compelling value-add opportunity through the ability to increase currently below-market rents. In addition to rental income, the property generates approximately $4,500 annually from coin-operated laundry machines. Each tenant also receives a dedicated storage area in the basement, which is currently provided free of charge. A future owner could choose to monetize this amenity to further enhance cash flow. Terrace East: Built circa 1955, features 14 units—twelve two-bedroom units and two one-bedroom unit. Terrace West: Built in 1965, contains 14 two-bedroom units & two three-bedroom units, totaling 16 units. The Colonial Building: A charming colonial-style home that includes 2 residential units plus the management office, which could be converted into a third rentable unit. All units feature private balconies or terraces offering bucolic views of the Pomeraug River. These spacious residences average over 1,300 square feet and are highlighted by cathedral ceilings and abundant natural light, enhancing their desirability to renters.