4 Ware Rd Killingly, CT 06241
Estimated payment $3,031/month
Highlights
- Deck
- Corner Lot
- Carpet
About This Home
THE ULTIMATE UNICORN: rare chance to own/live in a CASH-FLOWING 4-family eligible for CT Housing, Conventional OR Commercial Financing. This 1850s schoolhouse was FULLY gutted/rebuilt & completed in 2001, offering updated finishes & systems throughout including: separate electrical, hard-wired fire system, plumbing, siding, windows, insulation, kitchens, & baths. Most recent upgrades include new heating/hot H2O systems (2019), 35yr architectural roof (2021), new decks (2023), & freshly resurfaced driveway (2024). Consisting of TWO 2bed/1bath units w/ +/- 900 sq/ft & TWO 2bed/1.5bath units w/ +/- 1,150 sq/ft ALL w/ open layouts. Common coin-op laundry & potential for storage in basement. The PERFECT investment offering MINIMAL MAINTENANCE w/ 8+ parking spots, strong rental history (all currently M2M), & prime location (6mins to routes 395 & 44, 35mins to Casinos/Worcester, 45mins to Providence, & 60mins to Hartford/Boston/New London) **+/-12 Cap at Market Rents**Don’t Miss This One!!
Listing Agent
Spectrum Real Estate Consultants
Keller Williams Realty Leading Edge Listed on: 11/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,689
Year Built
- Built in 1900
Lot Details
- 0.29 Acre Lot
- Corner Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,300 Sq Ft Home
- Property has 1 Level
- Partial Basement
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
Parking
- 8 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
Additional Features
- Deck
- 4 Heating Zones
Community Details
- 4 Units
- Net Operating Income $53,880
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,168 | $218,600 | $28,750 | $189,850 |
| 2024 | $4,901 | $218,600 | $28,750 | $189,850 |
| 2023 | $4,337 | $147,000 | $23,170 | $123,830 |
| 2022 | $4,081 | $147,000 | $23,170 | $123,830 |
| 2021 | $5,130 | $184,800 | $23,170 | $161,630 |
| 2020 | $4,022 | $147,000 | $23,170 | $123,830 |
| 2019 | $5,115 | $184,800 | $23,170 | $161,630 |
| 2017 | $5,137 | $169,190 | $11,970 | $157,220 |
| 2016 | $5,145 | $169,190 | $11,970 | $157,220 |
| 2015 | $5,145 | $169,190 | $11,970 | $157,220 |
| 2014 | $5,010 | $169,190 | $11,970 | $157,220 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $500,000 | -- | $116 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73457683
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