Active
1286 Boston Post Road
Westbrook CT, 06498
$639,000
$241.50 per sqft
Active
6 Beds
4 Baths
2,646 sqft
Multi-family
Built in 1950
Welcome to 1286-1292 Westbrook, a fantastic multi-family investment opportunity in the heart of Westbrook! This well-maintained property offers excellent potential for both seasoned investors and first-time buyers looking to capitalize on rental income. Right on Boston Post Road this property is a rare find with its combination of location, condition, and income-generating, this property consists of 4 Separate Buildings and a total of 4 units, including a mix of 1-bedroom/3-bedroom configurations, ideal for attracting a variety of tenants. The property has been well cared for, and 2 Units has been recently updated to ensuring low maintenance costs for years to come. Income Potential: With a strong rental history and high demand for rental units in the area, this property presents a unique opportunity for generating consistent cash flow. Current rents total $ 60,000 annually, with room for potential increases. Solar System for extra income. This is a Prime Location Conveniently located near major highways, public transportation, shopping centers, and schools, this property offers tenants a desirable living experience with easy access to everything they need. Off-Street Parking: Ample off-street parking for tenants, a highly desirable feature in this area. This expansive lot provides space for potential future development as the zoning allow Multi use for bushiness and commercial use. Buyers to conduct their own diligence. Adjacent property is also for sale MLS 24063150
24061320
MLSⓇ ID
December 4, 2024
Listed
December 18, 2024
Updated
Map
1286 Boston Post Road
Westbrook CT, 06498
Interior Features
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
4
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Oil, Hot Water, Active Solar, Zoned
Exterior/Building Features
Lot Size
0.33 Acres
Lot Features
Level
Architectual Style
Units are Side-by-Side
Roof
Asphalt, Shingle
Sewer
Shared Septic
School Information
High School
Per Board of Ed
Elementary School
Per Board of Ed
Other Property Details
Area Name
N/A
Taxes
$5,910
Tax Frequency
Annually
Days on Market
26
Garage
No
Parking
None
View
Yes
View Description
City
County
Middlesex
Water Source
Public
Pool
No
Zoning
CTC
Listed by Bob Yostos with Coldwell Banker Realty
Listing Contact: 2037475743
The IDX display contains information sourced from the Smart MLS, Inc as of 12/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Smart MLS, Inc all rights reserved.
Data last updated on 12/18/2024 at 6:41 PM UTC