$685,000
$674,050
1.6%For more information regarding the value of a property, please contact us for a free consultation.
13 Beds
4,784 SqFt
SOLD DATE : 12/01/2021
Key Details
Sold Price $685,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,784 sqft
Price per Sqft $143
MLS Listing ID 170430131
Sold Date 12/01/21
Style Units on different Floors
Bedrooms 13
Year Built 1800
Annual Tax Amount $4,691
Lot Size 1.180 Acres
Property Description
Investors take notice! Rare opportunity: 7 unit apartment building consisting of 6 two bedroom units and 1 three bedroom unit, less than 1 mile from the Town Beach on Lake Waramaug with Beach rights for the tenants. Great cash flow for an investor or first-time buyer. All apartments have been occupied for over three years. Units bring in over $7000/month with additional income generated by Coin Laundry ($400/mo). Annual net income before financing is $63,000.00. Proof of funds and/or Pre-Approval required prior to showing. This will not last.
Location
State CT
County Litchfield
Zoning R-1
Rooms
Basement Full
Interior
Heating Hot Air
Cooling Window Unit
Exterior
Garage Off Street Parking, Parking Lot
Waterfront Description Lake,Access,Water Community,Beach Rights
Roof Type Asphalt Shingle
Building
Foundation Brick, Concrete
Sewer Septic
Water Private Well
Schools
Elementary Schools Washington
Middle Schools Regional District 12
High Schools Regional District 12
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Bought with Matt McElhone • William Pitt Sotheby's Int'l
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Broker | REB.0791464