Skip main navigation
Sold
  • $350,000

    224 Echo Lake Road, Watertown, CT 06795

    3beds
    2,238sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $156/sqft
    $2,302 Estimated rent

    What's special

    **Perfect Investment Opportunity: Fully Leased Mixed-Use Gem in Watertown** For the discerning investor seeking a solid income-producing asset, this fully leased mixed-use property in the heart of Watertown presents an exceptional opportunity. This well-maintained building with numerous updates offers a diverse income stream, featuring two residential units alongside a thriving, established nail salon occupying the prime first-floor commercial space. Benefit from immediate cash flow with all units currently leased, ensuring a seamless transition for the new owner. The two residential units, thoughtfully designed for tenant comfort, will consistently attract reliable renters. The established nail salon provides a stable commercial tenant, adding to the property's appeal and financial security. This property's strategic location in Watertown offers excellent visibility and accessibility, contributing to its consistent tenant occupancy. The diverse tenant mix minimizes risk and maximizes potential returns, making this a truly attractive investment. Don't miss this chance to acquire a fully leased, income-generating property with a proven track record plus room to increase rent!! A turnkey investment perfect for those seeking a reliable addition to their portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: May 07, 2025 at 11:27am

    Listed by:

    Connie Widmann & Team,

    William Raveis Real Estate,

    Listing Agent: Gregg Leonard

    Bought with:

    KEN VIELE & TEAM, RES.0781176

    Coldwell Banker Realty

    Buyer Agent: Kenneth Viele, Jr.

    Source: Smart MLS,MLS#: 24081084MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas, Oil
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Included: Water Heater, Tankless Water Heater
    • Laundry: In Basement, In Unit
    Features
    • Basement: Full
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 2,238
    • Total interior livable area: 2,238 sqft
    • Finished area above ground: 2,238

    Property

    Parking
    • Total spaces: 5
    • Parking features: None, Paved, Off Street
    Features
    • Patio & porch: Porch
    • Exterior features: Rain Gutters
    Lot
    • Size: 0.28 Acres
    • Features: Corner Lot, Level
    Details
    • Parcel number: 911332
    • Zoning: BG

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors,Other
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    • Foundation: Concrete Perimeter, Masonry
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Lake, Playground, Public Rec Facilities, Near Public Transport, Tennis Court(s)
    Location
    • Region: Watertown
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.