$520,000
$549,900
5.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
2,596 SqFt
SOLD DATE : 11/30/2023
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 2,596 sqft
Price per Sqft $200
MLS Listing ID 170603273
Sold Date 11/30/23
Style Units are Side-by-Side,Other
Bedrooms 6
Full Baths 5
Year Built 1945
Annual Tax Amount $7,432
Lot Size 6.000 Acres
Property Description
Investors take notice! Very rare in Mansfield, this 5-unit portfolio of properties is comprised of three separate buildings on a 6 acre parcel of land. The first building is a circa 1800 2-bedroom ranch in nice condition. Updated interior, freshly painted exterior, oil heat, tenant is responsible for all utilities. Adjacent to the ranch is a 1-car detached garage currently included in the lease. This building is on its own septic system that has been updated. The second building is a duplex (units A and B). Both units are efficiency units with large partitions (bookcases/wardrobes) that go up close to the ceiling to make a bedroom area. Both units sport ample built-ins & storage, one has a back deck, each unit has its own furnace (heat is tenants responsibility) but landlord pays for electricity & propane (used for kitchen oven/range). Electricity & Propane expense to the owner total around $2,000 a year. There is a full basement underneath accessed via bulkhead door. This building is on it's own septic system that has also been updated. The third building is another duplex (units C and D). One unit is a true 1-bedroom, the other is an efficiency (like A&B). These units have separate electric meters & are electric heat, so utilities are only on the tenants. This building's septic system will need updating. One unit has a back deck and there is a full basement underneath accessed vial bulkhead door. New windows throughout, mid-life roofs, 1 well to serve all 3 buildings
Location
State CT
County Tolland
Zoning RAR90
Rooms
Basement Full With Hatchway, Unfinished, Concrete Floor
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Deck, Patio
Parking Features Parking Lot, Unassigned Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Treed
Foundation Concrete, Stone
Sewer Septic
Water Private Well
Schools
Elementary Schools Mansfield Elementary School
Middle Schools Mansfield
High Schools Region 19 - E. O. Smith
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Bought with Brian P. McCarthy • Home Selling Team