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!
Sold for $490,000 on 12/11/24
$490,000
229 Route 163, Montville, CT 06382
8beds
2,938sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$167/sqft
$3,715 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 12, 2024 at 06:14am
Listed by:
Next Level Team of RE/MAX One,
Madelyn Pope 860-857-0850,
RE/MAX One 860-444-7362
Bought with:
Jithu Sajeevan, RES.0824409
Keller Williams Prestige Prop.
Source: Smart MLS,MLS#: 24046959
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
- Laundry: Common Area
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,938
- Total interior livable area: 2,938 sqft
- Finished area above ground: 2,938
Property
Parking
- Parking features: None
Lot
- Size: 1.46 Acres
- Features: Few Trees, Sloped
Details
- Parcel number: 1806512
- Zoning: R20
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & neighborhood
Location
- Region: Montville