$405,000
$419,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,976 SqFt
SOLD DATE : 07/09/2021
Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,976 sqft
Price per Sqft $101
MLS Listing ID 170397690
Sold Date 07/09/21
Style Units on different Floors,Units are Side-by-Side
Bedrooms 6
Full Baths 4
Year Built 1900
Annual Tax Amount $3,881
Lot Size 0.520 Acres
Property Description
ATTENTION INVESTORS! Completely remodeled 4 family money maker for sale. Returns are large and costs are low in this strategically located Groton multifamily. Current owner has done the heavy lifting of renovations over the last few years, completely remodeling every unit with new kitchens and baths, finishing wood floors, drywall/painting and installing a completely new, individually metered propane heat system. Utilities are tenant's responsibility, keeping returns high and maintenance cost low for the savvy investor. Located in the midst of some of the area's largest employers, it's a cinch to fill vacancies with responsible tenants. Walk to EB, Pfizer, UCONN, Eastern Point Beach and Shennecosset golf course. 5 minutes to New London and 10 min to Mystic. Public transport is steps away and Amtrak and Shoreline east are just across the river, easily connecting the area to Boston and New York. Owner has left 1 unit available for the opportune buyer to become owner/occupant. Garage could be rented for additional income.
Location
State CT
County New London
Zoning R52
Rooms
Basement Full With Walk-Out, Concrete Floor, Interior Access, Hatchway Access, Storage
Interior
Heating Baseboard
Cooling Ceiling Fans, Window Unit
Exterior
Exterior Feature Balcony, Covered Deck
Garage Detached Garage, Driveway, Off Street Parking
Garage Spaces 2.0
Waterfront Description Walk to Water
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Fitch Senior
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Bought with Sherry Borgeson • Berkshire Hathaway NE Prop.
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Broker | REB.0791464