22 Mechanic Street

Griswold, CT 06351

$300,000
Price
5
Beds
3
Baths
2,232 Sq. Ft.
$134 / Sq. Ft.
2,232
Sq. Ft.
$134
per Sq. Ft.

Description

Welcome to 22 Mechanic St, a prime investment opportunity in the heart of Griswold, CT. This charming, fully leased 3-family property offers a steady stream of rental income and a promising future in a sought-after location. Property Highlights: Three Fully Leased Units: Each unit is occupied, ensuring immediate rental income from day one. Well-Maintained Structure: The property has been meticulously cared for, with recent updates to key systems and features. Spacious Layouts: Each unit boasts a...Welcome to 22 Mechanic St, a prime investment opportunity in the heart of Griswold, CT. This charming, fully leased 3-family property offers a steady stream of rental income and a promising future in a sought-after location. Property Highlights: Three Fully Leased Units: Each unit is occupied, ensuring immediate rental income from day one. Well-Maintained Structure: The property has been meticulously cared for, with recent updates to key systems and features. Spacious Layouts: Each unit boasts a generous floor plan, offering comfortable living spaces for tenants. Convenient Location: Situated in a quiet, residential neighborhood, yet close to local amenities, schools, and public transportation. Ample Parking: Off-street parking is available, providing convenience for tenants and guests. Outdoor Space: A shared backyard offers a pleasant outdoor area for tenants to enjoy. Unit Details: Unit 1: 2 bedrooms, 1 bathroom, large living area, and modern kitchen. Unit 2: 2 bedrooms, 1 bathroom, cozy living room, and updated kitchen. Unit 3: 1 bedroom, 1 bathroom, comfortable living space, and efficient kitchen. This property represents a fantastic opportunity for investors looking to expand their portfolio with a stable, income-generating asset. With all units leased, it offers a low-maintenance investment with the potential for future appreciation. Don't miss out on this excellent investment in Griswold. Schedule a showing today to see all that 22 Mechanic St h
  1. Listed by Craig Bellot • eXp Realty
    P: (347) 575-8132 C: (347) 575-8132 craigbellot@gmail.com

Property Details for 22 Mechanic Street

Basement Description
None
Direct Waterfront
No
Neighborhood
Jewett City
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 08/16/2024 09:15 AM

Property Details for 22 Mechanic Street

StatusActive
MLS #24038623
Days on Market55
Taxes$2,459 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1930
Lot Size0.26 AC / 11,325 SF
CountyNew London County

Building Information for 22 Mechanic Street

Stories-Residences3Year Built1930Building Size-Lot Size0.26 AC / 11,325 SF

Property Information for 22 Mechanic Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Continue on CT-12 N. Drive to Mechanic St in Griswold 5 min Turn right onto CT-12 N 1.5 mi Turn left onto Tracy Ave 469 ft Turn left onto Mathewson St 180 ft Turn right onto Mechanic St
  • Elementary School: Griswold
  • High School: Griswold
  • Latitude: 41.608094
  • Longitude: -71.983342
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $2,459
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 14
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1930
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Lightly Wooded
  • Parcel Number: 1481991
  • Sq Ft Est Heated Above Grade: 2232.0
  • Sq Ft Total: 2232.0
  • Zoning: BR
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 14
Unit 1
  • Lease: Leased
  • Listing Key: 1F321E93E7ACE0A5E0631401100A9AE4
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 08-16-2024
  • Unit Monthly Rent: $1,034
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
Unit 2
  • Lease: Leased
  • Listing Key: 1F321E93E7ACE0A5E0631401100A9AE4
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 08-16-2024
  • Unit Monthly Rent: $985
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
Unit 3
  • Lease: Leased
  • Listing Key: 1F321E93E7ACE0A5E0631401100A9AE4
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 08-16-2024
  • Unit Monthly Rent: $710
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5

Property History for 22 Mechanic Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 22 Mechanic Street

Taxable ValueLand$30,310Additions$50,470Total$80,780
Tax Record2024$2,459 ($205 / month)
Home Facts
Baths3Total Finished SqFt2,232 SqFtAbove Grade Finished SqFt2,232 SqFtStories2Lot Size11,326 SqFtStyleTriplexYear Built1930Year Renovated1976ZoningBRCountyNEW LONDONAPNGRIS M:26 B:6 L:9

Schools near 22 Mechanic Street

This home is within Griswold School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Griswold Elementary School
PublicPK to 4

Griswold Middle School
Public5 to 8

Griswold High School
Public9 to 12

Griswold Alternative School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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22 Mechanic Street is a multi-family home for sale in Griswold, CT 06351. This property was listed for sale on July 27, 2024 by eXp Realty, it's currently listed at $300,000. It has been on the market for a total of 55 days and was last sold on December 15, 2019. This listing's school district is Griswold School District. Nearby schools include Griswold Elementary School, Griswold Middle School and Griswold High School. 22 Mechanic Street is a 5-bed, 3-bath, 2,232 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of eXp Realty, Craig Bellot

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.