$250,000
$300,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,232 SqFt
SOLD DATE : 11/22/2024
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,232 sqft
Price per Sqft $112
MLS Listing ID 24038623
Sold Date 11/22/24
Style Units on different Floors
Bedrooms 5
Full Baths 3
Year Built 1930
Annual Tax Amount $2,459
Lot Size 0.260 Acres
Property Description
Welcome to 22 Mechanic St, a prime investment opportunity in the heart of Griswold, CT. This charming, fully leased 3-family property offers a steady stream of rental income and a promising future in a sought-after location. Property Highlights: Three Fully Leased Units: Each unit is occupied, ensuring immediate rental income from day one. Well-Maintained Structure: The property has been meticulously cared for, with recent updates to key systems and features. Spacious Layouts: Each unit boasts a generous floor plan, offering comfortable living spaces for tenants. Convenient Location: Situated in a quiet, residential neighborhood, yet close to local amenities, schools, and public transportation. Ample Parking: Off-street parking is available, providing convenience for tenants and guests. Outdoor Space: A shared backyard offers a pleasant outdoor area for tenants to enjoy. Unit Details: Unit 1: 2 bedrooms, 1 bathroom, large living area, and modern kitchen. Unit 2: 2 bedrooms, 1 bathroom, cozy living room, and updated kitchen. Unit 3: 1 bedroom, 1 bathroom, comfortable living space, and efficient kitchen. This property represents a fantastic opportunity for investors looking to expand their portfolio with a stable, income-generating asset. With all units leased, it offers a low-maintenance investment with the potential for future appreciation. Don't miss out on this excellent investment in Griswold. Schedule a showing today to see all that 22 Mechanic St h
Location
State CT
County New London
Zoning BR
Rooms
Basement None
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Lightly Wooded
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Griswold
High Schools Griswold
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Bought with John Patterson • William Raveis Real Estate