NOT LISTED FOR SALE
6 Beds
7 Baths
3,816 Sq Ft
2,178 Sq Ft Lot

Last Sold December 27, 2023

Last sale price $400,000 $105 Per Sq Ft

39 Days on Market

About This Home

As of December 2023

Improved income and improvements made on this brick 6 unit in Terryville. Convenient location. Tenants pay all utilities. All units are 1BR, some are larger than others and some have upside. Monthly rent roll $6K equates to $72K/yr. Yearly expenses $13,240. NOI $58,760 = a very attractive 15 CAP. Updated mechanicals, off street parking. This is a legal 6 unit although the property has 7 units.

Last Agent to Sell the Property

Michelle Lorenzetti

Premier Re Group LLC License #REB.0789938 Listed on: 10/23/2023

Last Buyer's Agent

Tom Dorso

Mapleridge Realty License #REB.0792861

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,996

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 6 Bedrooms
  • 3,816 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 6 Units
  • Gross Income $54,600

Listing and Financial Details

  • Assessor Parcel Number 859878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,996

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Terryville
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3816
  • Total Sq Ft: 3816
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5120
  • Directions: Main St. Terryville - across from Terryville Pizza
  • Financing Used: Private
  • Living Area Sq Ft Per Public Record: 3816
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Basement Description: Full
  • Laundry Room Info: None
  • Attic: No
  • Street Number Modifier: 220

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: On Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected, Public Sewer In Street

Schools

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

Lot Info

  • Acres: 0.05
  • Lot Description: Level Lot
  • Zoning: C
  • Parcel #: 859878

Multi Family

  • Gross Annual Income: 54600
  • Net Operating Income: 42870
  • Total Number Of Units: 6
  • Unit Count: 6

Tax Info

  • Property Tax: 6996
  • Total Assessed Value: 185570
  • Mil Rate Total: 37.7

MLS Schools

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

Range of Values:

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Average Value
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List Price
Sold Price
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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
12/27/2023 12/27/23 Sold $400,000 +5.5% $105 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $379,000 0.0% $99 / Sq Ft
06/01/2021 06/01/21 Rented $550 0.0% --
05/21/2021 05/21/21 Under Contract -- -- --
04/20/2021 04/20/21 For Rent $550 0.0% --
04/15/2014 04/15/14 Sold $80,000 -26.6% $21 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $109,000 -- $28 / 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: 170606285

SmartMLS