$161,000
$150,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,633 SqFt
SOLD DATE : 04/05/2022
Key Details
Sold Price $161,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,633 sqft
Price per Sqft $44
MLS Listing ID 170473933
Sold Date 04/05/22
Style Other
Bedrooms 8
Full Baths 4
Year Built 1900
Annual Tax Amount $5,666
Lot Size 9,147 Sqft
Property Description
So here is the good news-probably the best priced income property out there. Three units occupied by great tenants and the ability to have a commercial unit with restroom which cannot be converted to a residential so your income starts at go and can go up from there. The not really so great news is the property manager passed away and took all his secrets with him. Owners have limited information on the mechanicals/permits ,etc. on the building so info disclosed is to the best of their ability and knowledge. Monthly income is $2330,annual 27960.00. Tenants pay their own utilities. Inspections are for your knowledge only and potential buyers should do due diligence regarding all aspects of the building. Good off street parking and great location for a commercial business. Limited showing times with 48 hours notice to keep our residents happy. This is a great deal even with any flaws.
Location
State CT
County New London
Zoning GC
Rooms
Basement Full With Walk-Out, Partially Finished
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Deck
Garage Unassigned Parking, Off Street Parking, Parking Lot
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Other
Building
Lot Description City Views, Corner Lot, Sloping Lot
Foundation Block
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Norwich Free Academy
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Bought with Mario A. Stephens • RE/MAX Legends
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Broker | REB.0791464