East Hampton, CT 06424,9 Lake Drive

$1,330,000

$1,245,000

6.8%
Est.Price: ?

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Est. payment /mo

11 Beds

6 Baths

2,101 SqFt


SOLD DATE : 12/28/2023

Key Details

Sold Price $1,330,000

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Sold

Purchase Type For Sale

Square Footage 2,101 sqft

Price per Sqft $633

MLS Listing ID 170569928

Sold Date 12/28/23

Bedrooms 11

Full Baths 6

Year Built 1925

Annual Tax Amount $5,989

Lot Size 0.350 Acres

Property Description

LAKE FRONT! Lake access to Lake Pocotopaug. Rare opportunity to own a home with 9 additional income generating year round cottages. This listing includes a package of 4 properties: A direct on the lake frontage piece, a 3 family home that could be converted to a primary 1 family residence (or remain an income generating property as well for a total of 12 units), 6 1 bedroom year round cottages with a well house, seperate Laundry building, a large shed and 3 2 bedroom year round cottages. Please refer to the attachments on MLS for details, more pictures and floor plans for each unit. This is a treasure trove and an ideal investment. Enjoy the lake life with this rare opportunity to be an onsite landlord and live in one of the units, or the 3-family while you generate income from your other rental units. This offering could potentially make a great condo conversion. The possibilities are endless! The package of 4 properties will be sold together and not be separated. Taxes shown are for 3-family only. Please refer to attachments for correct taxes for each property. Also entered as single-family in case buyer would like to purchase, renovate the 3 family to a primary residence and have income generating properties. MLS will only show a maz of 12 units. The units reflected here are the 3 2 bedroom units and the 3-Family units. The additional 6 Units are all 1 bedroom, 1 bathroom with a living room and dining room. Please do not enter property without authorized showings.

Location

State CT

County Middlesex

Zoning R-1S

Rooms

Basement Full With Hatchway

Interior

Heating Hot Water, Radiator

Cooling None

Fireplaces Number 1

Exterior

Garage Paved

Waterfront Description Direct Waterfront,Lake,Access,Walk to Water

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Stone

Sewer Public Sewer Connected

Water Private Well

Schools

Elementary Schools Center

High Schools East Hampton

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Listed by Linda Edelwich • William Raveis Real Estate
Bought with Linda Edelwich • William Raveis Real Estate

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Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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