1286 Boston Post Road new Save Request In-Person Tour Request Virtual Tour
Westbrook,CT 06498
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,646 sqft
Price per Sqft $241
MLS Listing ID 24128249
Style 4sides - Units Are Side-by-Side
Bedrooms 7
Full Baths 4
Year Built 1950
Annual Tax Amount $6,128
Lot Size 0.330 Acres
Property Sub-Type 4 Family
Property Description
Welcome to 1286 Westbrook, a fantastic multi-family investment opportunity in the heart of Westbrook! This well-maintained property offers excellent potential for both seasoned investors and first-time buyers looking to capitalize on rental income. Right on Boston Post Road this property is a rare find with its combination of location, condition, and income-generating, this property consists of 4 Separate Buildings and a total of 4 units, including a mix of 1-bedroom/3-bedroom configurations, ideal for attracting a variety of tenants. The property has been well cared for, and 2 Units has been recently updated to ensuring low maintenance costs for years to come. Income Potential: With a strong rental history and high demand for rental units in the area, this property presents a unique opportunity for generating consistent cash flow. Current rents total $ 60,000 annually, with room for potential increases. Solar System for extra income. This is a Prime Location Conveniently located near major highways, public transportation, shopping centers, and schools, this property offers tenants a desirable living experience with easy access to everything they need. Off-Street Parking: Ample off-street parking for tenants, a highly desirable feature in this area. This expansive lot provides space for potential future development as the zoning allow Multi use for bushiness and commercial use. Buyers to conduct their own diligence. Adjacent property is also for sale
Location
State CT
County Middlesex
Zoning CTC
Rooms
Basement Partial,Unfinished
Interior
Heating Baseboard,Hot Air
Cooling None
Exterior
Parking Features None,Parking Lot
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete,Masonry
Sewer Septic
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed