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Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,790 sqft
Price per Sqft $139
MLS Listing ID 24017146
Sold Date 07/26/24
Style Units are Side-by-Side
Bedrooms 5
Full Baths 2
Year Built 1945
Annual Tax Amount $3,510
Lot Size 0.300 Acres
Property Description
Ok, not so perfect, but perfectly priced! It has some issues and the rents are very low compared to the market, but the price is below the rare 2 families that come on the market in Waterford. The location is great, convenient and there is room (a lot) to increase rents, as there are no enforceable leases in place. Some lipstick and upgrades and you will have instant equity. One unit is a 3 bedroom with fireplace, and the second unit has 2 bedrooms. You can have some of your mortgage paid, while living on the cheap in Waterford. This could be an opportunity for owner occupied, or to an investor. As is sales will receive 1st priority!
Location
State CT
County New London
Zoning R-20
Rooms
Basement Partial, Hatchway Access
Interior
Heating Baseboard
Cooling None
Fireplaces Number 1
Exterior
Garage None, Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot, On Cul-De-Sac
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Waterford
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Bought with Leo Chomen • Signature Properties of NewEng