229 Route 163 Montville, CT 06382
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!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyNew London
- Taxes$4,380
- HOA/Condo/Coop Fees$0
- Days on Site2 Days
- MLS StatusActive
- MLS ID Number24046959
- Home Size Source N/A
- Year Built1920
- Lot Size1.46 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Style Units on different Floors
- Construction Vinyl Siding
- Parking None
- Sewer Public Sewer
- Basement Full
- Acreage 1.46
- Water Well
- Property Sub Type Quadruplex
- Foundation BlockStone
- Zoning R20
Interior Features
- Cooling None
- Heating ElectricBaseboard
- Fireplaces 0
- Laundry Features Common Laundry Area2nd flooroff staircase
Exterior Features
- Roof Asphalt
- Waterfront Property No
- Waterfront Features Not Applicable
- Lot Lightly WoodedSloping Lot