229 Route 163

Montville, Connecticut 06382

Status
Sale Pending
Square Feet
2,938
Beds
8
Price
$550,000
Type
Multi-Family For Sale
Garages
Baths
4
MLS
24046959

Price

$550,000

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Interior Details

Interior Size
2,938 Sq Ft
Bedrooms
8
Bathrooms
4
Rooms Total
Garage

Exterior Details

Lot Size
1.46 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$4,380
Assessed Value
$157,710
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

This multifamily gem is ready to seamlessly integrate into your portfolio and start generating income immediately! Each unit has been recently renovated, and the property features new siding, an updated common laundry area, and fresh decking throughout. Currently, all units are occupied by highly qualified tenants with an impeccable rental history, and tenants cover their own utilities. Landlords are responsible for trash, sewer, and common area electricity. With the potential for rent increases and the added advantage of being zoned for 4-8 units, there are exciting possibilities for future expansion. This opportunity is primed to enhance your investment portfolio with minimal immediate hassle!
Listed by RE/MAX ONE, Madelyn Pope. Data sourced from SmartMLS

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