Great investment opportunity! This 1930s colonial is actually a 2 family home with units on separate floors. Its prime location on Main Street is close to restaurants, general store, post office, bank, and both the high school and elementary school. The 1st floor, 1 bedroom apartment offers spacious living and an enclosed 3-season sunporch for additional peaceful space. The second floor offers a 2 bedroom apartment with hardwood floors, wide moldings, lots of closets and a full walk-up attic for either more living space or abundant storage. There is a large driveway for 4 cars and an ample yard. Both units have a solid 20 year history of easy rentals and the 2nd floor is currently clean, empty and awaiting a new tenant or new owner who wants the bulk of their mortgage paid by the 1st floor!
Off market
Street View
$384,700
503 Main St, Cromwell, CT 06416
3beds
1,904sqft
MultiFamily
Built in 1930
-- sqft lot
$384,700 Zestimate®
$202/sqft
$2,207 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Oil
Cooling
- None
Appliances
- Laundry: Basement Hook-Up(s)
Features
- Basement: Unfinished
- Attic: Walk-up
Interior area
- Total interior livable area: 1,904 sqft
Property
Features
- Patio & porch: Porch-Enclosed
- Exterior features: Other
- Waterfront features: Not Applicable
Lot
- Size: 10,018 sqft
- Features: Level
Details
- Parcel number: CROMM00463300
- Zoning: R-25
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Materials
- Roof: Asphalt
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Cromwell
HOA & financial
Other financial information
- Total actual rent: 239000
Other
Other facts
- Sewer: Public Sewer
- Roof: Asphalt
- Heating: Oil, Hot Water, Radiator
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Basement: Full, Full With Hatchway
- CommunityFeatures: Tennis Court(s), Basketball Court, Walk to Bus Lines, Public Transportation, Library
- ConstructionMaterials: Frame, Aluminum Siding
- Zoning: R-25
- LandLeaseAmountFrequency: Monthly
- NumberOfUnitsInCommunity: 2
- LotFeatures: Level
- ParkingFeatures: Paved
- YearBuiltSource: Public Records
- PatioAndPorchFeatures: Porch-Enclosed
- Attic: Walk-up
- FoundationDetails: Concrete
- TotalActualRent: 239000.00
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- LaundryFeatures: Basement Hook-Up(s)
- ArchitecturalStyle: Units on different Floors
- MlsStatus: Show
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$384,700
2% more+$7,694
With Zillow Showcase(estimated)$392,394