List Price

$450,000

Status

Active

Type

Multi-Family

Beds

10

Baths

3

Sq. Ft.

4,050

Built

1900

Acres

0.21

$ / Sq. Ft.

$111

FeeKeeper

20

Style

Units on different Floors

Taxes

$5,407

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History
Public Records

This oversized *5,055 sq. ft.* two-family home presents an excellent opportunity for investors or owner-occupants looking to maximize rental income. With updated vinyl windows, and a newer roof / siding (both replaced roughly 18 months ago), much of the major work has already been completed. Electrical and plumbing systems were updated in the early 2000s, and each unit features in-unit laundry for tenant convenience. The first-floor unit features three bedrooms and one bath and has the potential to be converted into a commercial space with a town-approved variance, adding even more value. The second-floor unit spans two levels, combining the second and third floors for a spacious seven-bedroom layout. With some additional investment, the third floor could be converted into its own legal unit, transforming this property into a three-family home. Outside, a private driveway leads to a three-car detached garage with extra parking in the rear. The property has long-term tenants, and while the rent hasn't been raised in over five years, the seller is willing to assist in negotiating market-price adjustments or tenant transitions. Some cosmetic updates to the units and common areas will be needed, making this a great value-add investment. Whether you're looking for immediate rental income or long-term growth, this property presents an exceptional opportunity to expand your portfolio.

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Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$11,250

Commission structure not available, using default of 2.5%

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Questions

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(860) 310-1255

Brokered By

Christian Chaparro, Compass Connecticut, LLC

  • Last Checked 1 Minute
  • Last MLS Update 19 Days

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