REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 661,000
Est. payment | /mo
4 Baths
1,800 SqFt
$ 661,000
Est. payment | /mo
4 Baths
1,800 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $367
MLS Listing ID 24044218
Full Baths 3
Half Baths 1
Year Built 1961
Annual Tax Amount $5,077
Lot Size 3.060 Acres
Property Description
Welcome to this beautifully renovated multi-unit property, offering THREE mobile home lot rentals with LONG TERM tenants. as well as a two completely updated rental apartments. The property boasts a new roof and siding, enhancing both its durability and curb appeal. Both the upper and lower units have been meticulously renovated with brand-new kitchens and bathrooms, showcasing modern finishes and high-quality materials. First floor includes three bedrooms, 2.5 baths with beautiful hardwood throughout. The basement apartment, with its own private entrance is one bedroom and one full bath. Additional features include a new electrical system, plumbing and state of the art well pump, ensuring reliable and efficient utility service. LARGE 2 CAR attached garage with high ceilings! Potential to lea The three mobile home lots, each currently leased to long-term tenants at $650 per lot. The mobile homes are owned privately by tenants. These lots give a steady stream of rental income and contribute significantly to the property's overall revenue potential with minimal upkeep. This property is an excellent opportunity for savvy investors or homeowners looking to live in one unit while generating rental income from the others. Located in a desirable area with easy access to local amenities, this multi-unit property combines modern living with substantial financial benefits. This property is taxed as a Mobile home park and is a commercial property, COMMERCIAL financing or cash
Location
State CT
County New London
Zoning R120
Interior
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Electric, Phone Available, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Private Well
Listed by Danielle Pellerin • PMI East Lyme