$850,000
$1,100,000
22.7%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
7 Baths
5,800 SqFt
SOLD DATE : 05/01/2023
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,800 sqft
Price per Sqft $146
MLS Listing ID 170547913
Sold Date 05/01/23
Bedrooms 11
Full Baths 7
Year Built 1850
Annual Tax Amount $8,229
Lot Size 2.000 Acres
Property Description
Rare opportunity to own 8 Units in East Lyme CT. This portfolio comprises of two lots. Lot #1 MLS #(170548332) 46 Boston Post Road is a 3bd, 1,500 sq/ft single family on an adjacent lot. Lot #2- 40-44 Boston Post Road consists of two single family homes and a 5-unit multifamily. These properties have beautiful views of Latimer Brook and Banning Cove. Commercially zoned 2 acre lot. This could be a perfect location for Airbnb rentals or realize the upside by increasing the below market rents. Single Family is available separately. Year built is an approximate of all buildings. Property to be sold as is. Other two Units are the 1bd, 1bath single family and a 2bd /1 bath single family. Rented for $850 and $1,050 respectively. Price includes 46 Boston Post Road (Single Family on separate deed)
Location
State CT
County New London
Zoning CA
Rooms
Basement Full
Interior
Heating Baseboard, Radiator
Cooling Window Unit
Exterior
Garage Parking Lot
Waterfront Description Direct Waterfront,River
Roof Type Asphalt Shingle,Metal
Building
Lot Description Water View, Level Lot
Foundation Block, Stone
Sewer Septic
Water Public Water Connected
Schools
Elementary Schools Flanders
High Schools East Lyme
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Bought with Ilir Dedvukaj • Lakeshore Realty
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Broker | REB.0791464