NOT LISTED FOR SALE

2 Old Mill Rd Unit A,B,D,E Clinton, CT 06413

7 Beds
4 Baths
2,872 Sq Ft
0.91 Acres

Last Sold August 27, 2021

Last sale price $362,100 $126 Per Sq Ft

331 Days on Market

Highlights

  • Private Driveway
  • The Morgan School Rated A-
  • Lot Has A Rolling Slope

About This Home

As of August 2021

Investment Residential Property consists of one 2-family house, one-single family house and mobile home. Pro-forma CAP-rate 10%.


Rare Investment Opportunity! Serious Buyers Only! This unique property offers 3 separate buildings on one lot, all income producing. The first is a 1910 gambrel style 2 family with two units - one upper level 1 bedroom 1 bath, and the other a first floor 2 bedroom 1 bath. The second is an adorable cottage at the rear of the property which offers 2 bedrooms and 1 bath. The third is a mobile home offering 2 bedrooms and 1 bath.


Financing may be a challenge with mobile home on property (which is approved by town)

Field card 2A 2 family and cottage Assessed value $146,200 55/54/69A F019700
Field card 2E. Mobile Home Assessed value. $. 7,400. 55/54/69A F019690


* Owner request proof of Funds Or proof finance to schedule showings *

First showing exterior only -Confirmation from lender they can finance with mobile home on property -


Also on MLS Commercial 170333992

Last Agent to Sell the Property

Thomas Simjian

Keller Williams Coastal License #RES.0799138 Listed on: 09/04/2020

Keller Williams Coastal

Last Buyer's Agent

Phoutthasack Phimvongsa

Century 21 AllPoints Realty License #RES.0769493

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $221

Year Built

  • Built in 1972

Lot Details

  • 0.91 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 2,872 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • Private Driveway
  • Off-Street Parking

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Bottled Gas Heating

Community Details

  • 4 Units
  • Gross Income $59,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$221

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2872
  • Public Record Living Room Sq Ft: 792
  • Total Sq Ft: 2872
  • Year Built: 1972
  • Remarks Public Addendum: Unit A second floor Unit B. First floor Unit D Cottage Unit E mobile home
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 872
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Rt 81 to High St to Old Mill
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Crawl Space
  • Attic: No
  • Street Number Modifier: 2

Exterior Features

  • Exterior Siding: Shingle
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Private, Crushed Stone

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Bottle Gas, Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.9100
  • Lot Description: Rolling
  • Zoning: R-20

Multi Family

  • Gross Annual Income: 59400
  • Net Operating Income: 42900
  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 221
  • Total Assessed Value: 7400
  • Mil Rate Base: 29.830
  • Mil Rate Total: 29.830
  • Assessor Parcel Number: 944795

MLS Schools

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

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 List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $362,100 -1.9% $126 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $369,000 -- $128 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170334018

SmartMLS