229 Highway 163
$490,000
8
4
2,938
2,938
$167
Closed 12/11/24
Description
This multifamily gem is ready to seamlessly integrate into your portfolio and start generating income immediately! Each unit has been recently renovated, and the property features new siding, an updated common laundry area, and fresh decking throughout. Currently, all units are occupied by highly qualified tenants with an impeccable rental history, and tenants cover their own utilities. Landlords are responsible for trash, sewer, and common area electricity. With the potential for rent increases...This multifamily gem is ready to seamlessly integrate into your portfolio and start generating income immediately! Each unit has been recently renovated, and the property features new siding, an updated common laundry area, and fresh decking throughout. Currently, all units are occupied by highly qualified tenants with an impeccable rental history, and tenants cover their own utilities. Landlords are responsible for trash, sewer, and common area electricity. With the potential for rent increases and the added advantage of being zoned for 4-8 units, there are exciting possibilities for future expansion. This opportunity is primed to enhance your investment portfolio with minimal immediate hassle!
- Listed by Madelyn Pope • RE/MAX ONEP: (860)-857-0850 C: (860)-857-0850 maddypopere@gmail.com
Property Details for 229 Highway 163
Basement Description
Full
Direct WaterfrontNo
NeighborhoodN/A
StyleUnits on different Floors
Garage Parking InfoNone
Swimming PoolNo
LISTING UPDATED: 12/12/2024 02:14 PM
Property Details for 229 Highway 163
Status | Closed |
---|---|
MLS # | 24046959 |
Days on Market | 43 |
Taxes | $4,380 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 4 Family |
Year Built | 1920 |
Lot Size | 1.46 AC / 63,597 SF |
County | New London County |
Building Information for 229 Highway 163
Stories-Residences4Year Built1920Building Size-Lot Size1.46 AC / 63,597 SF
Property Information for 229 Highway 163
Public Records for 229 Highway 163
Taxable ValueLand$31,710Additions$126,000Total$157,710
Tax Record2023$4,380 ($365 / month)
Home Facts
Baths4Total Finished SqFt2,938 SqFtAbove Grade Finished SqFt2,938 SqFtUnfinished Basement SqFt1,539 SqFtStories2Lot Size63,598 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920Year Renovated1970ZoningR20CountyNEW LONDONAPNMONT M:078 B:027 L:000
Schools near 229 Highway 163
This home is within Montville School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mohegan School PublicK to 5 | ||
Leonard J. Tyl Middle School Public6 to 8 | ||
Montville High School Public9 to 12 | ||
Palmer Academy Public9 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.
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