Chester, CT 06412,159 Main Street

$384,500

$419,500

8.3%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

4,835 SqFt


SOLD DATE : 01/22/2021

Key Details

Sold Price $384,500

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,835 sqft

Price per Sqft $79

MLS Listing ID 170281639

Sold Date 01/22/21

Bedrooms 5

Full Baths 3

Year Built 1850

Annual Tax Amount $6,519

Lot Size 0.310 Acres

Property Description

Great Investment property on a highly visible corner lot on Main St. and Rte. 154, just steps from downtown Chester. Two long-term commercial tenants occupy the first floor with 3 apartments on the 2nd floor, 2 two-bedroom(one with separate entrance) and 1 one-bedroom. The entire building was completely renovated in 1986 with all new mechanicals, electrical, plumbing, as well as all interior finishes throughout, including new sheet rock and paint in apartment bathrooms and kitchens. The exterior has been maintained on a regular basis, most recently a few months ago when the entire facade received professional detailing of siding, trim, and flashing maintenance. The two (2) first floor commercial units are in excellent condition with above average finishes and well maintained by each tenant. Each commercial unit has independent oil heat and central air separately metered. The three (3) apartment units have individual hot water heaters in the basement and each unit has electric heat with utilities paid by tenants. There is ample parking for all tenants and guests at the rear of the building. The entire parking lot was repaved 8 years ago and is in excellent condition. Lighting is controlled by lighting sensors for both the parking lot area and the common areas within the building.

Location

State CT

County Middlesex

Zoning R-5

Rooms

Basement Shared Basement

Interior

Heating Baseboard, Hot Air, Zoned

Cooling Central Air, Window Unit

Exterior

Garage Paved, Parking Lot

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Wood Shingle

Building

Lot Description Corner Lot, Level Lot

Foundation Masonry, Slab

Sewer Septic

Water Public Water Connected

Schools

Elementary Schools Chester

High Schools Valley

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Listed by Penny Parker • Lyman Real Estate
Bought with Thomas Clancy • William Pitt Sotheby's Int'l

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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