262 Route 163 (Oakdale Road Montville, CT 06382
Listing Courtesy of: SMART MLS / Norwich Real Estate Office / Jan Ledoux
$279,900
6
BED
4
BATH
3,376
SQFT
Active (483 Days)

Comments

Unique opportunity to own a multi-use property and enjoy waterfront! Total 4 rental incomes: Units 1 & 2 is a residential 2-family building; Unit 3 is the commercial building currently used for a restaurant (building only, business is not for sale); Unit 4 is a separate commercial parking lot rental currently rented to a trucking repair company. All separate utilities. Public water & sewer hooked up. Good condition with many newer upgrades. Everything is leased with great cash flow! $40,000 year income! Cap rate about 12%! May require a commercial loan if using a lender.

MLS #
E10215015
Taxes
$5,748
Lot Size
1.74 acres
Type
Multifamily
Year Built
1945
Style
Units on Different Floors
Views
Yes
County
New London County
Community
Uncasville
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathrooms: 2
Interior Features
  • Cable - Available
Lot Information
  • Water View
  • Open Lot
  • Level Lot
Heating and Cooling
  • Space Heater
  • Radiator
Basement Information
  • Full
Exterior Features
  • Vinyl Siding
  • Stone
Utility Information
  • Sewer: Public Sewer Connected
  • Fuel: Propane, Oil
  • Energy: Thermopane Windows
School Information
  • Elementary School: Pboe
  • High School: Pboe
Garage
  • Off Street Parking
   
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Listing Price History

Date Event Price % Change $ (+/-)
Feb 11, 2018 Price Changed $279,900 -3% -10,000
Jul 11, 2017 Price Changed $289,900 -2% -7,100

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Sarah Guillet
Sarah Guillet