NOT LISTED FOR SALE

35 Railroad Ave Griswold, CT 06351

8 Beds
6 Baths
3,724 Sq Ft
8,276 Sq Ft Lot

Last Sold June 06, 2023

Last sale price $365,000 $98 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Hot Water Circulator
  • Level Lot
  • Covered Deck
  • Baseboard Heating

About This Home

As of June 2023

10% Cap 4-family investment opportunity. Beautiful property which had renovations of every unit within the last 2 years. New roof, new driveway, and many other upgrade as well. All separate utilities. Quiet street with plenty of off street parking. Walk to stores, bus routes, and downtown. This property has great tenants and a strong rent roll. Buyer will see cash flow from day one with little to no maintenance to worry about. Huge upside with rents being below market.

Last Agent to Sell the Property

Brendon Mansaku

SM Real Estate Advisors License #REB.0795438 Listed on: 04/22/2023

Last Buyer's Agent

Anne Newmyer

Simply Sold Real Estate License #REB.0794245

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,447

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,724 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck

Schools

  • Griswold Elementary School
  • Griswold High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,447

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: 3724
  • Public Record Living Room Sq Ft: 3724
  • Total Sq Ft: 3724
  • Year Built: 1900
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4254
  • Directions: Per GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Partial With Hatchway
  • Attic: No
  • Street Number Modifier: 35

Exterior Features

  • Exterior Features: Covered Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Griswold
  • High School: Griswold

Lot Info

  • Acres: 0.1900
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: B-C

Multi Family

  • Gross Annual Income: 49800
  • Net Operating Income: 34800
  • Unit Count: 4
  • Total Multi Family: 18
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3447
  • Total Assessed Value: 120400
  • Mil Rate Base: 25.070
  • Mil Rate Tax District: 3.560
  • Mil Rate Total: 28.630
  • Assessor Parcel Number: 1482295

MLS Schools

  • Elementary School: Griswold
  • High School: Griswold

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
06/06/2023 06/06/23 Sold $365,000 +4.6% $98 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $349,000 -- $94 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,665 $120,400 $29,260 $91,140
2023 $3,487 $120,400 $29,260 $91,140
2022 $3,447 $120,400 $29,260 $91,140
2021 $3,817 $117,670 $29,260 $88,410
2020 $3,825 $117,320 $28,910 $88,410
2019 $3,766 $117,320 $28,910 $88,410
2018 $3,279 $117,320 $28,910 $88,410
2017 $3,239 $117,320 $28,910 $88,410
2016 $3,222 $119,070 $31,220 $87,850
2015 $3,164 $119,070 $31,220 $87,850
2014 $3,164 $119,070 $31,220 $87,850
Source: Public Records

Agents Affiliated with this Home

  • Brendon Mansaku

    Seller's Agent in 2023

    Brendon Mansaku

    SM Real Estate Advisors

    (860) 605-7434

    25 Total Sales

    Section Image
  • Anne Newmyer

    Buyer's Agent in 2023

    Anne Newmyer

    Simply Sold Real Estate

    (860) 377-1726

    63 Total Sales

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Map

Source: SmartMLS

MLS Number: 170563519

SmartMLS

Connecticut New London County Griswold 06351

35 Railroad Ave, Griswold, CT

This home is located at 35 Railroad Ave, Griswold, CT 06351 since 22 April 2023. This property was built in 1900. 35 Railroad Ave 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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