This well-maintained two-unit multi-family property, built in 1987, offers a strong combination of convenience, efficiency, and long-term investment potential. Ideally located with easy access to Route 15, the property is well-positioned for both tenants and owners. Recent updates include modern HVAC systems and a tankless hot water heater, enhancing comfort and operational efficiency. Each unit features its own separate attached garage, and access to a shared deck overlooking the water. The property generates over $45,000 in gross annual income, with rents currently below market, offering immediate upside for future growth. This is a solid, income-producing asset with room to improve. Sold As-IS. HIGHEST & BEST Offers to be submitted no later than 6pm EST on Tuesday, January 13th, 2026.
Sold for $485,000
$485,000
22 Lake Drive, Berlin, CT 06037
4beds
2,408sqft
Multi Family
Built in 1987
-- sqft lot
$464,500 Zestimate®
$201/sqft
$2,407 Estimated rent
Home value
$464,500
$441,000 - $488,000
$2,407/mo
Zestimate® history
Owner options
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$3,480/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Will A. Biestek (860)575-4493,
Royal Oak Realty Group 860-245-1816
Bought with:
Unrepresented Buyer/Tenant
Unrepresented Buyer
Source: Smart MLS,MLS#: 24146000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Hot Water, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Gas Water Heater, Tankless Water Heater
Features
- Basement: None
- Attic: Crawl Space,Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 2,408
- Total interior livable area: 2,408 sqft
- Finished area above ground: 2,408
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Patio & porch: Deck
- Exterior features: Rain Gutters, Lighting
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Lake
Lot
- Size: 0.26 Acres
- Features: Level, In Flood Zone
Details
- Parcel number: 447054
- Zoning: R-7
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Berlin
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listing removed | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/18/2026 | Listed for rent | $2,300+27.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/6/2026 | Sold | $485,000+4.3%$201/sqft |
Source:  Smart MLS #24146000 Report a problem | ||
| 1/19/2026 | Pending sale | $465,000$193/sqft |
Source: Smart MLS #24146000 Report a problem | ||
| 1/2/2026 | Listed for sale | $465,000+41.3%$193/sqft |
Source: Smart MLS #24146000 Report a problem | ||
| 6/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/23/2023 | Listed for rent | $1,800+16.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/21/2020 | Listing removed | $1,550$1/sqft |
Source: Owner Report a problem | ||
| 12/25/2019 | Listed for rent | $1,550$1/sqft |
Source: Owner Report a problem | ||
| 6/27/2019 | Sold | $329,000$137/sqft |
Source: Public Record Report a problem | ||
| 4/20/2019 | Pending sale | $329,000$137/sqft |
Source: Wollman Realty #170184574 Report a problem | ||
| 4/16/2019 | Listed for sale | $329,000+15.8%$137/sqft |
Source: Wollman Realty #170184574 Report a problem | ||
| 11/5/2010 | Sold | $284,000+7.2%$118/sqft |
Source: Smart MLS #G563444 Report a problem | ||
| 6/8/2006 | Sold | $265,000+29.3%$110/sqft |
Source: Public Record Report a problem | ||
| 11/13/2001 | Sold | $205,000$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,791 +1.5% | $254,200 |
| 2024 | $7,679 +2.2% | $254,200 |
| 2023 | $7,514 +10.2% | $254,200 +27.9% |
| 2022 | $6,821 +1.1% | $198,800 |
| 2021 | $6,745 | $198,800 |
| 2020 | $6,745 | $198,800 |
| 2019 | $6,745 +4.4% | $198,800 |
| 2018 | $6,461 +4.2% | $198,800 +1.3% |
| 2017 | $6,202 +27.4% | $196,200 +24.2% |
| 2016 | $4,868 +1.5% | $158,000 |
| 2015 | $4,795 | $158,000 |
Find assessor info on the county website
Neighborhood: 06037
Nearby schools
GreatSchools rating
- 6/10Emma Hart Willard SchoolGrades: PK-5Distance: 2.4 mi
- 7/10Catherine M. Mcgee Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10Berlin High SchoolGrades: 9-12Distance: 2.8 mi
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- Connecticut
- Hartford County
- Berlin
- 06037
- 22 Lake Drive
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