Mansfield, CT 06250,603 Wormwood Hill Road

$520,000

$549,900

5.4%
Est.Price: ?

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Est. payment /mo

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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Listed by Steven B. Ferrigno • Ferrigno-Storrs, REALTORS LLC
Bought with Brian P. McCarthy • Home Selling Team
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+1(203) 856-9968

ryan.loechner@exprealty.com

1266 E Main St, Stamford, CT, 06902

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