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Off market
  • Price Unknown

    262 Route 163, Montville, CT 06382

    6beds
    3,376sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,660 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,660/mo

    Zestimate® history
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    What's special

    Unique opportunity to own a multi-use property and enjoy waterfront views or fishing! The property consists of 4 income streams - a 2-family unit, a separate commercial building currently used as a restaurant (business not for sale, building only) with paved parking and indoor and outdoor seating near the water, and a rental parking lot rented to the trucking repair garage next door. Because the trucking repair garage and the rented parking lot is separated by a bunch of trees and a stream, from the remaining property the parking lot does not appear to be a part of it, but it is. Nearly worry free investment with tenants paying all their own utilities, caring for the lawn and snow, and the restaurant and parking lot paying their rent with little for the landlord to do! Public water & sewer hooked up, electric heat in the 2-family and propane heat in the restaurant. Many upgrades have been done to make this a great cash-flow investment with $42,000 a year income! Property will qualify for a mixed use residential loan for an owner-occupant buyer or commercial loan will be needed for non-owner occupant investors. Great cash flow with little effort! Highest and best offers due by Monday 3/15/2021 by 9pm.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jan Ledoux 860-377-8700,

    Compass Connecticut, LLC,

    John Pizzi 860-460-5087,

    Compass Connecticut, LLC

    Bought with:

    John Pizzi

    Compass Connecticut, LLC

    Source: Smart MLS,MLS#: 170377723MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Space Heater, Electric, Propane
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit
    Features
    • Windows: Thermopane Windows
    • Basement: Full
    • Attic: Walk-up
    • Has fireplace: No
    Interior area
    • Total structure area: 3,376
    • Total interior livable area: 3,376 sqft
    • Finished area above ground: 3,376

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Paved, Gravel
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront
    Lot
    • Size: 1.74 Acres
    • Features: Level, Few Trees
    Details
    • Parcel number: 2434433
    • Zoning: LI

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Stone
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Insulation, Windows

    Community & HOA

    Community
    • Subdivision: Uncasville
    HOA
    • Has HOA: No
    Location
    • Region: Montville

    Financial & listing details

    • Tax assessed value: $187,310
    • Annual tax amount: $6,065
    • Date on market: 3/5/2021

    Price history

    DateEventPrice
    6/7/2021Sold$250,000+0%$74/sqft
    Source: Smart MLS #170377723 Report a problem
    3/16/2021Contingent$249,900$74/sqft
    Source: Smart MLS #170377723 Report a problem
    3/5/2021Listed for sale$249,900$74/sqft
    Source: Smart MLS #170377723 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Oxoboxo River

    Nearby schools

    GreatSchools rating