$1,920,000
$2,195,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
5,284 SqFt
SOLD DATE : 03/24/2022
Key Details
Sold Price $1,920,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,284 sqft
Price per Sqft $363
MLS Listing ID 170418201
Sold Date 03/24/22
Year Built 1843
Annual Tax Amount $16,548
Lot Size 8,712 Sqft
Property Description
Prime Commercial property located in the heart of downtown Mystic comprised of 2 storefronts and 7 residential units. Amazing opportunity to purchase turnkey investment with gross rental income of $174,000 and the ability to increase to over $225,000. Fully occupied, off street parking and capital improvements to include: heating, roofs, air conditioning paint and driveways. Please reach out for a detailed marketing packet to include all financials..
Location
State CT
County New London
Zoning MDD
Interior
Heating Baseboard
Cooling Wall Unit, Window Unit
Flooring Concrete, Vinyl, Wood
Exterior
Exterior Feature Gutters, Lighting
Garage Driveway
Utilities Available Electric, Phone Available, Cable Available
Roof Type Asphalt Shingle,EPDM Synthetic Rubber
Building
Lot Description Sloping Lot
Story 2
Foundation Concrete, Masonry
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Ali Bigi • Group Realty LLC
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Broker | REB.0791464