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4 Ware Road

Killingly, CT 06241
$540,000
8 Beds
4/2 Baths
4,300 Living Area
  • 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!!
  • Highlights
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1900
    • Parking Spots: 8
    • Property Type: 4 Family
    • Total Rooms: 16
    • Status: Closed
  • 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
  • Amenities
    • Parking Features: Off Street, Paved
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $271,210
    • Taxes: $4,689
    • Tax Year: 2025
    • Total Rent: $4,490

Location

4 Ware Road, Killingly, CT 06241

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