Under contract

Price cut: $24K (6/11)

$275,000

129 Valley Street, Windham, CT 06226

7beds

3,963sqft

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Multi Family

Built in 1870

-- sqft lot

$-- Zestimate^®

$69/sqft

$-- HOA

What's special

Two garage baysTwo occupied residential unitsOn-site parking lot

Mixed-use investment property with multiple income streams and strong value-add potential. The property is zoned B-1A and currently configured with two occupied residential units generating income, plus two additional gutted residential units with plumbing in place, ready for build-out. The property also includes a commercial storefront with a separate entrance, offering flexibility for a variety of permitted uses. B-1A zoning may allow for additional residential units, subject to municipal approvals. Additional income opportunities include four dedicated storage spaces, ideal for ECSU students or nearby tenants, two garage bays, and an on-site parking lot, all of which convey with the property. Current NOI is approximately $38,291, with substantial upside through completion of the two remaining residential units. Property is being sold as-is. Rent roll and financials available upon request.

237 days

1,047

50

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Gas on Gas, Wall Unit

Cooling

None

Appliances

Included: Gas Water Heater, Tankless Water Heater

Features

Basement: None
Attic: None
Has fireplace: No

Interior area

Total structure area: 3,963
Total interior livable area: 3,963 sqft
Finished area above ground: 3,963

Property

Parking

Total spaces: 10
Parking features: Attached, Paved
Attached garage spaces: 2

Lot

Size: 0.25 Acres
Features: Corner Lot

Details

Parcel number: 2291872
Zoning: B1A

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Asphalt,Flat

Condition

New construction: No
Year built: 1870

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Willimantic

HOA

Has HOA: No

Location

Region: Willimantic

Financial & listing details

Price per square foot: $69/sqft
Tax assessed value: $112,850
Annual tax amount: $4,178
Date on market: 11/7/2025

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/2/2026	Contingent	$275,000$69/sqft
Source: eXp Realty #24138836 Report a problem
7/2/2026	Pending sale	$275,000$69/sqft
Source: Smart MLS #24138836 Report a problem
6/11/2026	Price change	$275,000-8%$69/sqft
Source: Smart MLS #24138836 Report a problem
5/3/2026	Listed for sale	$299,000-15.8%$75/sqft
Source: Smart MLS #24138836 Report a problem
3/11/2026	Contingent	$355,000$90/sqft
Source: eXp Realty #24138836 Report a problem
3/11/2026	Pending sale	$355,000$90/sqft
Source: Smart MLS #24138836 Report a problem
12/13/2025	Price change	$355,000-5.3%$90/sqft
Source: Smart MLS #24138836 Report a problem
11/10/2025	Listed for sale	$375,000$95/sqft
Source: Smart MLS #24138836 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,178 -0.1%	$112,850
2024	$4,182 -4.3%	$112,850 +22.4%
2023	$4,369 +1.5%	$92,170
2022	$4,304 -6.8%	$92,170
2021	$4,617 +0.2%	$92,170
2020	$4,607 +1.7%	$92,170
2019	$4,532 +11.5%	$92,170 +8%
2017	$4,063 +3.6%	$85,330
2015	$3,923	$85,330

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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