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.

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Data last updated on 12/18/2024 at 6:41 PM UTC

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