39
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$959,999
Est. payment /mo
13 Beds
7 Baths
5,939 SqFt
New
1580 Hartford New London Turnpike Montville, CT 06370
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,939 sqft
Price per Sqft $161
MLS Listing ID 24101776
Style Other
Bedrooms 13
Full Baths 7
Year Built 1971
Annual Tax Amount $8,490
Lot Size 2.810 Acres
Property Sub-Type 5 Family+
Property Description
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.
Location
State CT
County New London
Zoning C-1
Rooms
Basement Full, Apartment, Partially Finished, Liveable Space, Full With Walk-Out
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Parking Features None, Paved, Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Septic
Water Private Well
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Robyn Letourneau • Berkshire Hathaway NE Prop.