32 Cedar Lane

About Property

Rare income-producing property featuring two separate ranch-style homes on one lot, located approximately 1/4 mile from Mohegan Sun. Positioned on a quiet dead-end street, this asset benefits from strong year-round rental demand driven by tourism, entertainment, and highway access. The front residence offers approximately 1,000 sq ft, 3 bedrooms, 1 bath, central air, a fireplace, and a whole-house generator. The finished lower level includes a private entrance, an additional bedroom, a full bath, a kitchen, and a living area-creating a second rentable space and immediate dual-income potential. The 850 SF rear home operates as a fully independent dwelling with a living room, kitchen, bedroom, office space, central air, a private septic system, and a deck. Its separation and dedicated access make it well-suited for short-term rental or long-term tenancy. Separate driveways enhance privacy and flexibility for multiple occupants. An attached two-car garage adds additional utility and potential rental premium.
Listed by William Raveis Real Estate, Maria Phillips. Data sourced from SmartMLS