$1,050,000
$1,175,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
18 Beds
7 Baths
11,048 SqFt
SOLD DATE : 09/16/2024
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 11,048 sqft
Price per Sqft $95
MLS Listing ID 24016398
Sold Date 09/16/24
Style Other
Bedrooms 18
Full Baths 7
Year Built 1850
Annual Tax Amount $10,089
Lot Size 10,454 Sqft
Property Description
Rarely available cash flowing 11-unit opportunity in downtown Jewett City! The property features 7 residential units and 4 commercial units. Each unit has separate utilities and there is on/off street parking. Coin-op laundry on site for tenant convenience and additional income! Several units have been updated in the last few years with modern kitchens and bathrooms. Additional upgrades include a new roof in 2019, 2 new hot water heaters in 2023 and a new gas boiler in 2022. Amazing value add potential with increased rents and upgrades.
Location
State CT
County New London
Zoning B-C
Rooms
Basement Full, Unfinished, Shared Basement
Interior
Heating Hot Water
Cooling None
Exterior
Garage None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Flat
Building
Lot Description City Views, Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Patrick Bowen • CR Premier Properties
GET MORE INFORMATION
Broker | REB.0791464