$540,000
8
Beds
4/2
Baths
4,300
Living Area
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Property Description
THE ULTIMATE UNICORN: rare chance to own/live in a CASH-FLOWING 4-family eligible for CT Housing, Conventional OR Commercial Financing. This 1850s schoolhouse was FULLY gutted/rebuilt & completed in 2001, offering updated finishes & systems throughout including: separate electrical, hard-wired fire system, plumbing, siding, windows, insulation, kitchens, & baths. Most recent upgrades include new heating/hot H2O systems (2019), 35yr architectural roof (2021), new decks (2023), & freshly resurfaced driveway (2024). Consisting of TWO 2bed/1bath units w/ +/- 900 sq/ft & TWO 2bed/1.5bath units w/ +/- 1,150 sq/ft ALL w/ open layouts. Common coin-op laundry & potential for storage in basement. The PERFECT investment offering MINIMAL MAINTENANCE w/ 8+ parking spots, strong rental history (all currently M2M), & prime location (6mins to routes 395 & 44, 35mins to Casinos/Worcester, 45mins to Providence, & 60mins to Hartford/Boston/New London) **+/-12 Cap at Market Rents**Don’t Miss This One!!
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Parking Spots: 8
- Property Type: 4 Family
- Total Rooms: 16
- Status: Closed
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Additional Details
- Basement: Partial
- Flooring: Vinyl, Carpet
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Stone, Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Res
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Amenities
- Parking Features: Off Street, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $271,210
- Taxes: $4,689
- Tax Year: 2025
- Total Rent: $4,490
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