262 Route 163, Montville, CT 06382

Unique opportunity to own a multi-use property and enjoy waterfront views or fishing! The property consists of 4 income streams - a 2-family unit, a separate commercial building currently used as a restaurant (business not for sale, building only) with paved parking and indoor and outdoor seating near the water, and a rental parking lot rented to the trucking repair garage next door. Because the trucking repair garage and the rented parking lot is separated by a bunch of trees and a stream, from the remaining property the parking lot does not appear to be a part of it, but it is. Nearly worry free investment with tenants paying all their own utilities, caring for the lawn and snow, and the restaurant and parking lot paying their rent with little for the landlord to do! Public water & sewer hooked up, electric heat in the 2-family and propane heat in the restaurant. Many upgrades have been done to make this a great cash-flow investment with $42,000 a year income! Property will qualify for a mixed use residential loan for an owner-occupant buyer or commercial loan will be needed for non-owner occupant investors. Great cash flow with little effort! Highest and best offers due by Monday 3/15/2021 by 9pm.