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$ 485,000
Est. payment | /mo
5 Beds
3 Baths
2,600 SqFt
$ 485,000
Est. payment | /mo
5 Beds
3 Baths
2,600 SqFt
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $186
MLS Listing ID 24214459
Style Units on different Floors
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $5,741
Lot Size 7,405 Sqft
Property Sub-Type 3 Family
Property Description
Pawcatuck 3-Family: Live in One Unit, Let Two Pay You Great opportunity in desirable Pawcatuck, CT! This 3-family home works well for an investor or an owner-occupant. The first floor has a 3-bedroom, 1-bath unit with a nice deck for relaxing or entertaining. The second floor has two 1-bedroom units. Live in one unit and let the rents from the other two help cover most, if not all, of your mortgage. A large unfinished walk-up attic gives you plenty of storage, and a private, shared paved driveway adds convenience. It's an easy walk to downtown Pawcatuck and Westerly, RI, with restaurants, shops and parks close by, and the Rhode Island beaches are less than 5 miles away. The big-ticket items are already done. The roof, siding and furnace were all replaced around 2017, and the windows were replaced in 2008. The building has one heating system now, but the heat and utilities could be split by unit with some investment, which would add long-term value. The home mainly needs cosmetic updates, so a little old-fashioned elbow grease could make it a real gem. Don't miss this chance to own a multi-family property in one of the area's most walkable locations. Schedule your showing today!
Location
State CT
County New London
Zoning RH-10
Rooms
Basement Full
Interior
Heating Hot Water
Cooling None
Exterior
Exterior Feature Sidewalk, Deck
Parking Features Paved, Off Street Parking, Driveway
Waterfront Description Water Community
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Mary Nasi • IMT Realty
Nearby Locations