Shawna Rohan
eXp Realty
(860) 846-3760
168 Total Sales
3 in Windham
$235K - $300K Price Range
40 Elm St Willimantic, CT 06226
Windham Area
8
Beds
4
Baths
4,808
Sq Ft
10,019
Sq Ft Lot
About This Home
As of October 2025ATTENTION INVESTORS!!! This incredible 10 CAP investment Opportunity for 4 units across 2 2-family properties may be exactly what you're looking for!!! Discover the potential in this centrally located low overhead property. With strong rental demand from nearby ECSU, Uconn and in the general market, vacancy will not be a problem. Tenant amenities include large backyards, with privacy and gardens. Conveniently walkable to downtown, near bus lines and ideal for investors or renovation-minded buyers looking to restore charm and build equity. Off street parking, long term tenants, and under market rents make this a Value-add asset. Add 2 more bedrooms to the top floor units and consider pro-forma rents. These are stable in place, but the sky is the limit. Combine with other listed Willimantic properties: Pleasant St., Jackson St., and Chapman St. as a 17 unit portfolio. GOI:63,000 Expenses: 10,868 NOI: 52,132 10CAP PRO Forma NOI: 77,932!!! floor plans available**
Last Agent to Sell the Property
Berkshire Hathaway NE Prop. License #RES.0812297 Listed on: 06/30/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,613
Year Built
- Built in 1930
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
Home Design
- 4,808 Sq Ft Home
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
- 4 Units
- Gross Income $61,200
Listing and Financial Details
- Assessor Parcel Number 2290578
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Willimantic, CT
-
Shawna Rohan
-
Ariel Edery
Ariel Edery
mygoodagent
(203) 945-1348
193 Total Sales
1 in Windham
$485,000 Price
-
Sarah McMillan
Sarah McMillan
Our Home Realty Advisors
(475) 215-2454
78 Total Sales
2 in Windham
$350K - $413K Price Range
-
Deb Schusterman
Deb Schusterman
Brizo Real Estate Services
(401) 681-3264
34 Total Sales
1 in Windham
$281,000 Price
-
Sophia Giuffria
Sophia Giuffria
Tea Leaf Realty
(860) 905-0220
87 Total Sales
1 in Windham
$388,000 Price
-
Sharon Watson Stokland
Sharon Watson Stokland
List N Show LLC
(866) 789-5844
134 Total Sales
25 in Windham
$10K - $355K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $485,000 | -- | ||
| Savvy Roi Llc | -- | None Available | |
| Walsh Harrison | $236,000 | None Available | |
| R & L Real Estate Llc | -- | -- | |
| Dubina Richard | $55,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $165,200 | ||
| Previous Owner | Dubina Richard | $105,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | Sold | $485,000 | 0.0% | $101 / Sq Ft |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 06/30/2025 06/30/25 | For Sale | $484,999 | -- | $101 / Sq Ft |
Source: SmartMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,613 | $178,640 | $19,450 | $159,190 |
| 2024 | $6,620 | $178,640 | $19,450 | $159,190 |
| 2023 | $4,448 | $93,830 | $16,920 | $76,910 |
| 2022 | $4,382 | $93,830 | $16,920 | $76,910 |
| 2021 | $4,700 | $93,830 | $16,920 | $76,910 |
| 2020 | $4,690 | $93,830 | $16,920 | $76,910 |
| 2019 | $4,614 | $93,830 | $16,920 | $76,910 |
| 2017 | $4,790 | $100,600 | $19,130 | $81,470 |
| 2015 | $3,456 | $100,600 | $19,130 | $81,470 |
| 2014 | $4,369 | $100,600 | $19,130 | $81,470 |
Source: Public Records
Agents Affiliated with this Home
-
Robyn Letourneau
Seller's Agent in 2025
Robyn Letourneau
Berkshire Hathaway Home Services
(860) 918-3945
85 Total Sales
-
Michael LeBoeuf
ML
Buyer's Agent in 2025
Michael LeBoeuf
Keller Williams Realty Leading Edge
(401) 862-1707
53 Total Sales
Map
Source: SmartMLS
MLS Number: 24100884
APN: WIND M:14-03 B:121 L:7
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