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In-PersonVirtual Tour

$ 800,000
Est. payment | /mo
10 Beds
5 Baths
5,916 SqFt
$ 800,000
Est. payment | /mo
10 Beds
5 Baths
5,916 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,916 sqft
Price per Sqft $135
MLS Listing ID 24148606
Style Other
Bedrooms 10
Full Baths 5
Year Built 1834
Annual Tax Amount $13,783
Lot Size 0.910 Acres
Property Sub-Type 5 Family+
Property Description
As of May 6th, this unicorn of a five family investment property , is the only option available currently in all of Newington . It is very close to the town hall and firestation on Main Street. Normally there are only duplexes , condos, or perhaps a triplex available for investors to consider . This 4 unit multi family house, is a functional 5 family income producer. It has 3 of the 5 units available to tour in person currently, due to logistics and respect for our tenants time and cooperation. Tours are only being arranged for Saturday afternoons currently . However , exceptions are possible. The photo is from a few years ago , and the plot plan is posted for the lot that could be split off , that meets the required setbacks . It is diagonally across from the firestation. It has not been on the market in the past 40+ years. The current rental rates are under market comparable to other units like condos or duplex rates in town . The plot plan shows that a building lot is possible to be split off and sold or re developed , which the town has verified. Additionally, there are two spaces or areas in the house that have the possibility of being converted in units, which would make it a 7 unit functional investment property. Or perhaps it could be converted back to a single family home. The property has cosmetics issues and needs power washing, painting, and isolated trim that needs to be addressed. I am the owner and the agent .
Location
State CT
County Hartford
Zoning R-12
Rooms
Basement Full
Interior
Heating Hot Air
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Historic District
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Matthew Schoenhardt • William Raveis Real Estate
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