$368,000
$329,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,017 SqFt
SOLD DATE : 06/17/2022
Key Details
Sold Price $368,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,017 sqft
Price per Sqft $182
MLS Listing ID 170485890
Sold Date 06/17/22
Style Units on different Floors
Bedrooms 4
Full Baths 2
Year Built 1935
Annual Tax Amount $3,589
Lot Size 0.300 Acres
Property Description
See and smell the saltwater from this rare multi-family in highly desirable Waterford just a short distance to beaches, boardwalks, restaurants, and all the amenities that downtown Niantic offers. An investment dream, cash flow immediately with this turn-key, updated up and down two-family. Each unit has 2 bedrooms and 1 bathroom. Both units have lots of updates, 2nd floor apt has been recently renovated with newer windows throughout, hardwood floors, a new kitchen, and an updated bathroom. 1st Floor apt has many upgrades, both units have high-efficiency heat pump 50-gallon electric hot water tanks. All appliances are relatively new and in excellent working condition. 100% occupancy rate for last 10 years with many multi-year tenants. Ample off-street parking for at least 4 cars, a storage shed, and a large backyard that once housed a majestic garden. Both leases expire May 31 and are below market rate. Boating, fishing, running, walking, etc... all in your backyard. Perfect investment property, owner-occupied, short-term rentals, or a vacation getaway.
Location
State CT
County New London
Zoning R-20
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Garden Area, Shed
Garage Driveway
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Clark Lane
High Schools Per Board Of Ed
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Bought with Lu-Ann Perkins • William Raveis Real Estate
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Broker | REB.0791464