Just under 1.5 acres close to Waterford and East Lyme. Three permitted Mobile homes on the front half of the lot and a rolling field in the back half. 200Amp service, fully leased units, long term tenants. $26,400/year Gross with a 9-10% CAP rate with additional potential. Minimal operating costs as the tenants are responsible for their own mechanicals, utilities, trash and lawn maintenance. Upgraded well system supplies all three units! Two of the units convey with the property. The third unit closest to the street is owned by the tenant and pays $850/month lot rent. *agent related
Sold for $225,750
Zillow last checked:
Listing updated:
Bought with:
Jules G Etes, RES.0776373
William Pitt Sotheby's Int'l
Source: Smart MLS,MLS#: 24037931
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2024 | Sold | $225,750+2.7%$161/sqft |
Source:  Smart MLS #24037931 Report a problem | ||
| 8/6/2024 | Listed for sale | $219,900$157/sqft |
Source: Smart MLS #24037931 Report a problem | ||
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Sell for more on Zillow
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$326,200
2% more
+$6,524
With Zillow Showcase(estimated)
$332,724
