179 Montauk AvenueNew London, CT 06320MLS Number 170171548

  • Price: $485,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 4.31% last updated on Mar 14, 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.
  • 6Bedrooms
  • 0.24Acreage
  • 6Bathroom
  • 1903Year Built

Investor alert!! 8 unit multi family on spacious corner lot blocks from EB and L&M!! Detached two car garage is more for storage,newer roof, but could be restored for car use. Well maintained by current owner for over 20 years. All units but one include heat and hot water in the rents. Over $6000 in monthly income, expenses are less than 2k per month, notable return here. No two units are the same in layout. There are 6 one bdrm units, 1 studio , and 1 2 bdrm. unit. One is now available for ease of showings. (unit 2) All units have leases/security. Full basement- great area for coin op washer/dryer - easy addition. Mechanicals are serviced and in good order. Over 4000 sq ft, side and front ingress and egress. Most units is very nice shape outside of tenant housekeeping. Home is on the SEAT bus line.

Listed by Mary Poola of William Raveis Real Estate

Driving Directions

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

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Vernon Office 860-871-2775

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More Info

Basic Information

  • StatusACT
  • List Price$485,000
  • Square Feet4,360
  • HoaNo
  • Lease purchaseNo
  • Units8
  • Net operating income49552
  • Property subtype5 Family+
  • Property TypeMulti-Family For Sale
  • Acreage0.24
  • MLS Number170171548

Interior

  • Rooms total multifamily18
  • RoofAsphalt Shingle

Exterior

  • ColorGrey
  • Exterior sidingVinyl Siding

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Hot water descriptionNatural Gas
  • Heating FuelOil
  • Fuel tank locationIn Basement
  • Heat SystemRadiator
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Milrate base43
  • Milrate total43.74
  • Taxes$9,185
  • Tax YearJuly 2018-June 2019
  • Assessed value$210,000

Building

  • Bedrooms6
  • Bathroom6
  • Year Built1903
  • Property StyleUnits on different Floors
  • Energy FeaturesProgrammable Thermostat
  • FoundationConcrete
  • Garage Parking InfoDetached Garage
  • New construction typeNo
  • AtticYes
  • Attic descriptionAccess Via Hatch
  • BasementFull With Hatchway, Unfinished
  • Full Bath6

Amenities

  • AmenitiesHealth Club, Library, Medical Facilities, Public Transportation, Walk to Bus Lines

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolNew London

Rooms

  • Laundry room infoNone

Location

  • StateCT
  • Zip06320
  • CountyNew London

Property

  • Lot DescriptionCorner Lot, Level Lot
  • Driveway TypeCement, Other
  • Garage2
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

Auction

  • Bank owned propertyNo

Other

  • Radon mitigation airNo
  • Radon mitigation waterNo
  • Space is leasedNo

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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