$1,050,000
$1,175,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Baths
17,556 SqFt
SOLD DATE : 09/16/2024
Key Details
Sold Price $1,050,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 17,556 sqft
Price per Sqft $59
MLS Listing ID 24016079
Sold Date 09/16/24
Full Baths 5
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
Interior
Heating Hot Water
Cooling None
Exterior
Utilities Available Gas, Telephone, Cable
Roof Type Asphalt Shingle,Rubber
Building
Lot Description Level Lot
Sewer Public Sewer In Street
Water Public Water In Street
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Bought with Patrick Bowen • CR Premier Properties
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Broker | REB.0791464