USACTOld SaybrookN/a1780 Boston Post Rd
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$850,000

For Sale

3 months ago

1780 Boston Post Rd, Old Saybrook, CT

House

MLS® 24149701

4 Bed

3 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $5,896
Days Active 85
Lot Size 
Approx. Age 1912
MLS® Number 24149701

Property Address: 1780 Boston Post Rd, Old Saybrook, CT, 06475-1641

Average square foot calculated using Size range provided by listing agent.

Description

Commercial Mixed Use, cross-posted on MLS alternative # 24149460. 7.06 CAP r a t e ~ Prime mixed-use investment property offered at $850, 000 along the high-visibility Route 1 corridor. The asset consists of three total units of office/retail space with direct road frontage and two residential apartments privately situated in the rear. Trusted General Contractor currently rents the rear yard space at $1, 000/month. Projected gross income totals $90, 000/year. Incorporating a 10 p e r c e n t vacancy & repairs reserve, the stabilized effective gross income is $81, 000/year. Operating expenses total $20, 945/year (real estate taxes: $5, 896 | insurance: $5, 879 | electric: $4, 600 | oil: $1, 350 | propane: $1, 620 | snow removal/water/septic: $1, 600), resulting in a net operating income (NOI) of $60, 055/year. At the asking price of $850, 000, the asset delivers a 7.06 CAP r a t e, with long-term value preservation and upside through future rent adjustments. Strong location, consistent cash flow, and limited supply of mixed-use product on Route 1 make this an ideal long-term hold, 1031 exchange target, or portfolio addition.
MLS® Number24149701
Laundry LevelFirst Floor
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1912
BasementFull, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 17, 2026List Date
$850,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jan 16, 2026List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
1780 Boston Post Rd, Old Saybrook, CT

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