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1793 Route 85 Montville, CT 06370
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Key Details
Sold Price $225,750
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $161
MLS Listing ID 24037931
Sold Date 11/12/24
Style Other
Bedrooms 6
Full Baths 3
Year Built 1976
Annual Tax Amount $1,446
Lot Size 1.420 Acres
Property Description
Just under 1.5 acres close to Waterford and East Lyme. Three permitted Mobile homes on the front half of the lot and a rolling field in the back half. 200Amp service, fully leased units, long term tenants. $26,400/year Gross with a 9-10% CAP rate with additional potential. Minimal operating costs as the tenants are responsible for their own mechanicals, utilities, trash and lawn maintenance. Upgraded well system supplies all three units!
Location
State CT
County New London
Zoning R40
Rooms
Basement None
Interior
Heating Hot Air, Other
Cooling None
Exterior
Garage None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Flat
Building
Foundation None
Sewer Septic
Water Private Water System
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Jules G Etes • William Pitt Sotheby's Int'l
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