Presenting the opportunity to acquire a 5 unit investment property brimming with opportunity and potential for huge upside. Four of the units are one bedroom, with substantially below market rents. The fifth unit is a massive value ad, and is currently a partially finished two bedroom, ready for your personalized finishing touch! This unit can be owner occupied or rented out for substantial additional income as the unit is an inviting and spacious multi-level layout. In the basement you'll find brand new mechanicals and the spacious two car garage offers additional storage space or a development opportunity. The property has both a new roof, and new decks, as well as new windows and an excellent riverfront location just 15 minutes from Mohegan Sun and Foxwoods and 30 minutes to Mystic.
|
DAYS ON MARKET
|
15
|
LAST UPDATED
|
5/16/2024
|
|
YEAR BUILT
|
1875
|
GARAGE SPACES
|
4.0
|
|
COUNTY
|
New London
|
STATUS
|
Pending
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| Elementary School |
Per Board of Ed |
| Jr. High School |
Per Board of Ed |
| High School |
Per Board of Ed |
| AIR |
None |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Vinyl Siding |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Baseboard, Electric |
| LOT |
3485 sq ft |
| LOT DESCRIPTION |
Corner Lot |
| SEWER |
Public Sewer |
| STYLE |
Units on different Floors |
| TAXES |
5657 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Water |
| WATER |
Public |
| ZONING |
MF |
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Listing courtesy of Group Realty LLC
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