$550,000
229 Route 163 Montville, CT 06382
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$550,000
Est. payment /mo
8 BD
4 BA
2,938 SqFt
Under Contract
229 Route 163 Montville, CT 06382
UPDATED:
11/09/2024 02:28 AM
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,938 sqft
Price per Sqft $187
MLS Listing ID 24046959
Style Units on different Floors
Bedrooms 8
Full Baths 4
Year Built 1920
Annual Tax Amount $4,380
Lot Size 1.460 Acres
Property Description
This multifamily gem is ready to seamlessly integrate into your portfolio and start generating income immediately! Each unit has been recently renovated, and the property features new siding, an updated common laundry area, and fresh decking throughout. Currently, all units are occupied by highly qualified tenants with an impeccable rental history, and tenants cover their own utilities. Landlords are responsible for trash, sewer, and common area electricity. With the potential for rent increases and the added advantage of being zoned for 4-8 units, there are exciting possibilities for future expansion. This opportunity is primed to enhance your investment portfolio with minimal immediate hassle!
Location
State CT
County New London
Zoning R20
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Exterior
Garage None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Lightly Wooded, Sloping Lot
Foundation Block, Stone
Sewer Public Sewer Connected
Water Private Well
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Madelyn Pope • RE/MAX ONE
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