NOT LISTED FOR SALE

100 Ashland St Jewett City, CT 06351

9 Beds
6 Baths
4,056 Sq Ft
8,712 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $475,000 $117 Per Sq Ft

6 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • No HOA
  • Deck
  • Attic
  • Thermal Windows

About This Home

As of June 2023

Currently a cash calf that could be a huge cash cow. Rents are well below market and some units need refreshing but are all currently rented and the draw for tenants is this 7 unit building is waterfront!. It is on Ashland Pond with fishing right out the back for Largemouth bass, pickerel, yellow perch and sunfish. Adequate parking in front and rear of building. Utilities except for hot water + water and sewer are separate but see unit details for exceptions. Stated expenses include utilities, taxes, insurance and dumpster rental but not any management fees or one time expenses. Incredible opportunity for growth and well protected by even current income. Commercial loans or cash only- No seller financing and no blind offers! Seventh units rent not listed on MLS, is a one bedroom for $750 a month. It is a basement unit with electric heat.

Last Agent to Sell the Property

Leo Chomen

Signature Properties of NewEng License #RES.0752883 Listed on: 04/27/2023

Last Buyer's Agent

Nicole Garbutt

RE/MAX Bell Park Realty License #RES.0765850

RE/MAX Bell Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,512

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Waterfront
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,056 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • Parking Deck
  • Shared Driveway
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Griswold High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Additional Features

  • Public Transportation
  • Gross Income $61,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,512

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Jewett City
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4056
  • Public Record Living Room Sq Ft: 4056
  • Total Sq Ft: 4056
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Lake, Library, Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6835
  • Tax Year Updated Dt: 06/26/2023
  • Directions: 164 to pleasant View to Ashland or Main street to Ashland
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full, Partially Finished, Concrete Floor
  • Attic: Yes
  • Street Number Modifier: 100

Exterior Features

  • Exterior Features: Deck, Lighting, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Parking Lot
  • Driveway Type: Shared

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Griswold

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2000
  • Lot Description: Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: BRM

Multi Family

  • Gross Annual Income: 61630
  • Unit Count: 6
  • Total Multi Family: 21
  • Total Num Of Units: 7

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5512
  • Total Assessed Value: 190330
  • Mil Rate Base: 25.070
  • Mil Rate Tax District: 3.890
  • Mil Rate Total: 28.960
  • Assessor Parcel Number: 1480514

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Griswold

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $475,000 0.0% $117 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $475,000 +78.2% $117 / Sq Ft
01/25/2018 01/25/18 Sold $266,500 -10.9% $66 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $299,000 0.0% $74 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
09/20/2016 09/20/16 Price Changed $299,000 -26.2% $74 / Sq Ft
09/23/2015 09/23/15 For Sale $405,000 -- $100 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Leo Chomen

    Seller's Agent in 2023

    Leo Chomen

    Signature Properties of NewEng

    (860) 447-8839

    176 Total Sales

    Leo Chomen
    Section Image
  • Nicole Garbutt

    Buyer's Agent in 2023

    Nicole Garbutt

    RE/MAX

    (860) 933-4304

    121 Total Sales

    Nicole Garbutt
    Section Image
  • Susan Howard Cihocki

    Seller's Agent in 2018

    Susan Howard Cihocki

    U.S. Properties Real Estate Services, LLC

    (860) 437-0101

    54 Total Sales

    Susan Howard Cihocki
    Section Image
  • Connie Howard

    Seller Co-Listing Agent in 2018

    Connie Howard

    U.S. Properties Real Estate Services, LLC

    (860) 439-0663

    56 Total Sales

    Connie Howard
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170565217

SmartMLS
Connecticut New London County Jewett City 06351

100 Ashland St, Jewett City, CT

This home is located at 100 Ashland St, Jewett City, CT 06351 since 27 April 2023. This property was built in 1900. 100 Ashland St is a home located in New London County with nearby schools including Griswold Elementary School, Griswold Middle School, and Griswold High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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