1 Reed AvenueWaterford, CT 06385MLS Number 170154081

  • Price: $650,000
  • Est. Mortgage of $/month
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 4Bedrooms
  • 0.14Acreage
  • 3Bathroom
  • 2000Year Built

The possibilities are endless in this meticulously maintained 2 family waterfront property on Jordan Cove located in the Pleasure Beach area of Waterford. This home is perfect for investors or owner occupants! This beauty can easily be opened up for single family use if desired or is an instant money maker with the first floor renting for around $1050/month or the second floor that can get $3500/week in season on VRBO. Rebuilt in 2009-2010 from the foundation up, with no expense spared this home features cedar impressions siding, marvin windows and many other updates and upgrades throughout. You will love being so close to the beach and catching gorgeous sunsets from the impressive deck! The first floor unit has one bedroom and is move in ready. The second floor has 3 bedrooms, 2 baths and is absolutely gorgeous with its open floor plan, updated kitchen with cambria granite KT counters which opens to the spacious living room with stone craft gas fireplace and vaulted ceilings. You will stay warm in the winter with an electric heat pump with propane back up and cool in the summer with central air. There is off street parking for each unit. Access is available to the floating dock on Jordan Cove near boat launch with the use of Long Island Sound. The new owners can join the Pleasure Beach (walk to beach and boat launch), state beach next door and Harkness & Waterford Beach are also super close by. Flood insurance is required, current owner pays $3000/year. A must see!

Listed by Rebecca M Makas and The Miale Team of Keller Williams Realty

Driving Directions

Vernon Office
Vernon Office
Office: 860-871-2775
646 Hartford Turnpike
Vernon, CT 06066

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More Info

Basic Information

  • StatusACT
  • List Price$650,000
  • Square Feet2,114
  • HoaNo
  • ColistofficenameKeller Williams Realty
  • Lease purchaseNo
  • Units2
  • Property subtype2 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.14
  • MLS Number170154081


  • Rooms total multifamily8
  • RoofAsphalt Shingle


  • Exterior featuresDeck
  • Exterior sidingVinyl Siding


  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air, Heat Pump
  • Hot water descriptionPropane, Tankless Hotwater
  • Heating FuelElectric, Propane
  • Fuel tank locationAbove Ground
  • Heat SystemBaseboard, Hot Air, Zoned
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Milrate base27
  • Milrate total27.42
  • Taxes$8,510
  • Tax YearJuly 2018-June 2019
  • Assessed value$310,340


  • Bedrooms4
  • Bathroom3
  • Year Built2000
  • Property StyleUnits on different Floors
  • Energy FeaturesStorm Doors, Thermopane Windows
  • Fireplaces1
  • FoundationConcrete
  • Garage Parking InfoUnder House Garage
  • New construction typeNo
  • AtticYes
  • Attic descriptionAccess Via Hatch
  • BasementFull, Fully Finished, Walk-out, None
  • Full Bath3


  • AmenitiesGolf Course, Library, Tennis Courts


  • Radon mitigation airUnknown
  • Radon mitigation waterUnknown
  • Space is leasedNo
  • View Count29

School Information

  • Elementary SchoolGreat Neck
  • High SchoolWaterford


  • Laundry room infoAll Units Have Hook-Ups, Washer/Dryer All Units


  • StateCT
  • Zip06385
  • CountyNew London


  • Lot DescriptionWater View, Level Lot
  • Driveway TypePaved, Gravel
  • Garage1
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Water Body

  • Waterfront DescriptionDirect Waterfront, Frontage, Beach, Walk to Water
  • WaterfrontYes


  • Bank owned propertyNo

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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