Outstanding opportunity to own a fully occupied, immaculate brick, income-producing property in Montville. This asset is prestine by itself but it also includes TWO BILLBOARDS providing an additional stream of cash flow!!! 7 well-maintained units across, 12 off-street parking spots, all separately metered, storage spaces in the basement for added options, long-term tenant stability, with opportunities to add value. Zoned C-1 so much expansion potential! Low maintenance. NOI:106,830 11 CAP!! PROFORMA NOI: 144,270. **NEW EV CHARGERS ON SITE.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
7/1/2025
|
|
YEAR BUILT
|
1971
|
COUNTY
|
New London
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Per Board of Ed |
| High School |
Per Board of Ed |
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater |
| BASEMENT |
Apartment, Full, Partially Finished, Walk-Out Access, Yes |
| CONSTRUCTION |
Brick, Frame |
| HEAT |
Baseboard, Electric |
| LOT |
2.81 acre(s) |
| LOT DESCRIPTION |
Level |
| PARKING |
Off Street, None, Paved |
| SEWER |
Septic Tank |
| STYLE |
Other |
| TAXES |
8166 |
| WATER |
Well |
| ZONING |
C-1 |
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Listing courtesy of Berkshire Hathaway NE Prop.
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