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For sale
  • Price cut: $42K (6/10)
    $800,000

    97 Green Hill Road, Madison, CT 06443

    4beds
    2,492sqft
    : 
    Multi Family
    Built in 1825
    -- sqft lot
    $-- Zestimate®
    $321/sqft
    $-- HOA

    What's special

    Legal two-family colonialHistoric charm
    This updated legal two-family Colonial on a 3/4-acre lot presents an exceptional investment opportunity, with a solid cap rate of 7.9%. Situated in a highly desirable neighborhood surrounded by expensive single-family homes, this multi-family asset stands out as a solid addition to any portfolio. Both units have been renovated including mechanicals, electrical, and plumbing helps to ensure low maintenance costs. The interior updates harmonize seamlessly with the historic charm, offering strong tenant appeal. The 3 bay detached garage has a full width and length storage loft above with separate entrance. The net operating income is substantial and stable with minimal vacancy risk, makes it ideal for both new and seasoned investors seeking reliable cash flow and long-term appreciation. 24 hour prior notice needed - Tenants in Possession. Brokers and Agents: Please vet your buyers prior to scheduling a showing to make sure they are serious, and qualified buyers to minimize disruption to the tenants. Income and Expense summary is available. Thank you for your cooperation. Peter
    60 days
    on Zillow
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    1,779
    |
    54
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    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 11:28pm

    Listed by:

    Peter Lucchese,

    Sound Harbor Realty LLC

    Source: Smart MLS,MLS#: 24098502MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 97 Green Hill Road.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Oil
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater
    • Laundry: Common Area, In Unit
    Features
    • Windows: Storm Window(s)
    • Basement: Full,Storage Space,Interior Entry,Concrete
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 2,492
    • Total interior livable area: 2,492 sqft
    • Finished area above ground: 2,492

    Property

    Parking
    • Total spaces: 10
    • Parking features: Detached, Paved, Off Street, Driveway
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.76 Acres
    • Features: Corner Lot, Wooded, Level, Rolling Slope
    Details
    • Parcel number: 1157113
    • Zoning: RU-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Clapboard
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1825

    Utilities & green energy

    • Sewer: Shared Septic
    • Water: Public
    Green energy
    • Energy efficient items: Windows

    Community & HOA

    Community
    • Features: Golf, Health Club, Library, Medical Facilities, Park, Private School(s), Public Rec Facilities, Tennis Court(s)
    HOA
    • Has HOA: No
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $321/sqft
    • Tax assessed value: $315,600
    • Annual tax amount: $7,079
    • Date on market: 5/24/2025
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