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240 Lebanon Avenue Colchester, CT 06415
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Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $109
MLS Listing ID 170545134
Sold Date 02/21/23
Style Units on different Floors
Bedrooms 5
Full Baths 4
Year Built 1880
Annual Tax Amount $5,830
Lot Size 10,018 Sqft
Property Sub-Type 4 Family
Property Description
Property was off market to install 3 new heating units and refresh newly vacated apartment. Rents are increased as well! 2 tenants are on month to month and one tenant is on lease, and all are payers. You get to walk in and start collecting rent in a great location. Separate metered propane heat and hot water and separate electric. Owner pays the sewer and water bill. Rents are modest and have room for increases or the savvy investor may want to just keep the rents coming in. Not much to do on this one. Colchester is an awesome rental market so you can keep full all the time. Vacant unit in process and paint and some new flooring and will be filled when completed. There is no owner financing available. Great tenants and recent improvements.
Location
State CT
County New London
Zoning 1
Rooms
Basement Full With Hatchway, Shared Basement, Unfinished, Concrete Floor, Hatchway Access
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Gutters, Lighting, Sidewalk
Parking Features Unassigned Parking, Parking Lot
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Bacon Academy
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Bought with Carl J. Guild • Carl Guild & Associates