NOT LISTED FOR SALE

272 Summit St Willimantic, CT 06226

5 Beds
2 Baths
1,656 Sq Ft
6,534 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $175,000 $106 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Attic
  • Central Air
  • Partially Wooded Lot
  • No HOA
  • Baseboard Heating

About This Home

As of August 2021

Looking for an investment opportunity with positive cashflow? How about living in one unit and renting the second? Look no further than 272 Summit Street in Willimantic! This two-family sits two blocks from the Eastern Connecticut State University and is minutes from restaurants, parks, and shopping. the first floor unit has three bedrooms, a kitchen, a bathroom and a living room, while the second floor has 2 bedrooms, a kitchen, a living room, a bath and central air. Aside from location, this house offers much value with a new roof (2020), newer furnace, newer hot water tanks (2018) and a recently paved driveway. Low maintenance. Excellent income generating home! Do not miss this opportunity and schedule your private showing TODAY!

Last Agent to Sell the Property

Luis Torres

Essentia Realty License #REB.0792320 Listed on: 07/14/2021

Essentia Realty

Co-Listed By

Alison Malkin

Essentia Realty License #REB.0792319

Last Buyer's Agent

Luis Rodriguez

Coldwell Banker Realty License #RES.0755672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,467

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Stone Wall
  • Partially Wooded Lot

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Dirt Floor

Parking

  • 4 Car Garage
  • Parking Deck
  • Private Driveway
  • Parking Lot

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • W.B. Sweeney Elementary School
  • Windham Middle School
  • Windham High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,467

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1656
  • Public Record Living Room Sq Ft: 1656
  • Total Sq Ft: 1656
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2746
  • Tax Year Updated Dt: 07/26/2021
  • Directions: GPS friendly.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial With Walk-Out, Unfinished, Dirt Floor
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 272

Exterior Features

  • Exterior Features: Deck, Gutters, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Parking Lot
  • Garages Number: 4
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: W.B. Sweeney
  • Middle School: Windham
  • High School: Windham
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1500
  • Lot Description: Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: NPR1

Multi Family

  • Gross Annual Income: 21600
  • Net Operating Income: 17520
  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3467
  • Total Assessed Value: 69220
  • Mil Rate Base: 37.210
  • Mil Rate Tax District: 12.880
  • Mil Rate Total: 50.090
  • Assessor Parcel Number: 2292684

MLS Schools

  • Elementary School: W.B. Sweeney
  • Middle Jr High School: Windham
  • High School: Windham

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
08/20/2021 08/20/21 Sold $175,000 -5.4% $106 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $185,000 +185.1% $112 / Sq Ft
05/11/2017 05/11/17 Sold $64,900 +1.6% $32 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/07/2017 03/07/17 Price Changed $63,900 0.0% $32 / Sq Ft
03/07/2017 03/07/17 For Sale $63,900 -14.8% $32 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $75,000 -- $38 / 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: 170419357

SmartMLS