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Property Description
This multifamily gem is ready to seamlessly integrate into your portfolio and start generating income immediately! Each unit has been recently renovated, and the property features new siding, an updated common laundry area, and fresh decking throughout. Currently, all units are occupied by highly qualified tenants with an impeccable rental history, and tenants cover their own utilities. Landlords are responsible for trash, sewer, and common area electricity. With the potential for rent increases and the added advantage of being zoned for 4-8 units, there are exciting possibilities for future expansion. This opportunity is primed to enhance your investment portfolio with minimal immediate hassle!
Overview
Property Type
Multi-family
Location
229 Route 163, Montville, CT 06382
MLS ID
24046959
Listing Last Updated
4/15/2025 4:30 PM
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
4
Appliances
Electric Water Heater
Exterior
Water Source
Well
Roof
Asphalt
Lot Features
Sloped
Parking
None
Heat Type
Electric, Baseboard
Air Conditioning
None
Sewer
Public Sewer
Substructure
Block, Stone
Details
Architecture Styles
Units on different Floors
Financial
Price
$490,000
Real Estate Tax
$4,380/yr
Zoning
R20
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