Great Investment property on a highly visible corner lot on Main St. and Rte. 154, just steps from downtown Chester. Two long-term commercial tenants occupy the first floor with 3 apartments on the 2nd floor, 2 two-bedroom(one with separate entrance) and 1 one-bedroom. The entire building was completely renovated in 1986 with all new mechanicals, electrical, plumbing, as well as all interior finishes throughout, including new sheet rock and paint in apartment bathrooms and kitchens. The exterior has been maintained on a regular basis, most recently a few months ago when the entire facade received professional detailing of siding, trim, and flashing maintenance. The two (2) first floor commercial units are in excellent condition with above average finishes and well maintained by each tenant. Each commercial unit has independent oil heat and central air separately metered. The three (3) apartment units have individual hot water heaters in the basement and each unit has electric heat with utilities paid by tenants. There is ample parking for all tenants and guests at the rear of the building. The entire parking lot was repaved 8 years ago and is in excellent condition. Lighting is controlled by lighting sensors for both the parking lot area and the common areas within the building.
Off market
Street View
$756,700
159 Main St, Chester, CT 06412
5beds
4,835sqft
MultiFamily
Built in 1850
-- sqft lot
$756,700 Zestimate®
$157/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Forced air, Electric, Oil
Cooling
- Central
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 4,835 sqft
Property
Features
- Exterior features: Other, Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 0.31 Acres
- Features: Level, Corner Lot
Details
- Parcel number: CHESM15B166
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1850
Utilities & green energy
- Sewer: Septic Tank
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Chester
HOA & financial
Other financial information
- Total actual rent: 419500
Other
Other facts
- Heating: Baseboard, Forced Air, Electric, Oil, Zoned
- Sewer: Septic Tank
- Roof: Wood, Asphalt
- AssociationYN: 0
- HeatingYN: true
- FoundationDetails: Slab, Masonry
- NumberOfUnitsTotal: 3
- Zoning: R-5
- ConstructionMaterials: Frame, Other, Vinyl Siding
- LotFeatures: Level, Corner Lot
- Cooling: Window Unit(s), Central Air
- NumberOfUnitsInCommunity: 3
- ParkingFeatures: Paved, Parking Lot
- CommunityFeatures: Park, Public Transportation
- YearBuiltSource: Public Records
- Basement: Shared Basement
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 419500.00
- MlsStatus: Show
- TaxAnnualAmount: 6519
Services availability

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