$1,600,000
SOLD FEB 21, 2025

403 Pleasant St Windham, CT 06226

29 Beds
17 Baths
11,052 Sq Ft
0.44 Acres

Recently Sold

$145 Per Sq Ft

10 Days on Market

Highlights

  • Deck
  • Attic
  • Public Transportation
  • Property is near public transit
  • Porch
  • Baseboard Heating

About This Home

As of February 2025

NEW TO THE MARKET...MONEY MAKING PORTFOLIO iin Windham with 16 UNITS & 6-1 Bay Detached garages consisting of 4 Buildings w/4 units per building within less than .5 miles from each other, with the possibility of adding an additional 3 units to make a total of 19 units with over 11,000 sqft for all buildings. Tenants pay heat, Hot water & electricity. LOW expenses for the owner with LOTS OF PROFIT left over and the potential to bring the profit to approx 25k a month & 300k a year or higher. Combination of leased and month to month tenants in place...ALL UNITS ARE FULLY RENTED. Buildings consist of 146 Chapman- has the 6 bay garage, large parking in the back w .44 ac, possible 5th unit, 403 pleasant st- large parking lot in the back w.25 ac, possible.5th unit,(featured picture), 36 Taylor Ct- has its own driveway for parking w/ .20 ac lot, possible 5th unit, sits privately & 20 Spruce st has .10ac Amazing opportunity to buy in BULK and have all your units close by. City Water & CITY Sewer. If your looking for a smaller portfolio thats no problem, seller will combine pleasant & Taylor for 8 units total for 799k and Chapman & Spruce for 8 units total at 799k. All properties have separate deeds and lots. Acreage, taxes, year built on this listing is for only pleasant st. Also will be listed as 2- 8 units for sale separately. Some info inputted will vary & may reflect all or individual properties. Specifics upon request. Close to ESCU, Hartford, Boston & all major route

Last Agent to Sell the Property

Irene Adams

Signature Properties of NewEng License #REB.0756588 Listed on: 12/08/2024

Last Buyer's Agent

David Holcroft

RE/MAX Precision Realty License #RES.0314460

RE/MAX Precision Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,795

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 11,052 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 29 Bedrooms
  • 17 Full Bathrooms

Attic

  • Walkup Attic
  • Unfinished Attic

Parking

  • 6 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 16 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 2293140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,795

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: 11052
  • Total Sq Ft: 11052
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: Chapman st- seller pays for the hot water. Runs approx 50 dollars a month. All other buildings tenants pay hot water.
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: 146 Chapman,493 Pleasant,16 Taylor ct,20 Spruce
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3014
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 29
  • Total Bathrooms: 17
  • Full Bathrooms: 17
  • Attic Description: Unfinished, Walk-up
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Vary in each building
  • Attic: Yes
  • Street Number Modifier: 403
  • Other SqFt Description: Includes all 4 buildings

Exterior Features

  • Exterior Features: Porch, Deck
  • Exterior Siding: Shake, Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 6
  • Driveway Type: Private
  • Total Parking Spaces: 27
  • Garage And Parking: Detached Garage, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas, Electric, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.44
  • Lot Description: Level Lot
  • Zoning: Multi
  • Parcel #: 2293140

Multi Family

  • Total Number Of Units: 16

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4795
  • Total Assessed Value: 552180
  • Mil Rate Total: 47.4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Feb 21, 2025
Sold by
Rascoe Investments Llc
Bought by
Fu Kehui and Gu Haoyu
Seller's Agent
Irene Adams
Signature Properties of NewEng
Buyer's Agent
David Holcroft
RE/MAX Precision Realty
List Price
$1,600,000
Sold Price
$1,600,000
Views
9
Current Estimated Value
$245,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,354,606
Original Mortgage
$266,000
Outstanding Balance
$264,425
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 8, 2024
Closed on
Feb 13, 2025
Sold by
Rascoe Investments Llc
Bought by
Rascoe Rentals Llc
Seller's Agent
Irene Adams
Signature Properties of NewEng
Buyer's Agent
David Holcroft
RE/MAX Precision Realty
List Price
$1,600,000
Sold Price
$1,600,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$264,425
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2024
Sold by
Rascoe Invest Llc
Bought by
Rascoe Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,750
Interest Rate
7.03%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 25, 2023
Closed on
Oct 6, 2023
Sold by
Mesick Rentals South Llc
Bought by
Rascoe Investments Llc
Seller's Agent
Heather Meehan
Meehan & Daughters Real Estate
Buyer's Agent
Irene Adams
Signature Properties of NewEng
List Price
$218,900
Sold Price
$230,000
Premium/Discount to List
$11,100
5.07%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2019
Sold by
Mesick Neil L and Mesick Angela L
Bought by
Mesick Rentals South Llc

Purchase Details

Closed on
Aug 1, 1979
Bought by
Mesick Neil L
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $380,000 None Available
Warranty Deed $380,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $230,000 None Available
Warranty Deed $230,000 None Available
Warranty Deed $230,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,000 Purchase Money Mortgage
Closed $266,000 Purchase Money Mortgage
Previous Owner $252,750 Commercial
Previous Owner $165,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $1,600,000 0.0% $145 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/08/2024 12/08/24 For Sale $1,600,000 +595.7% $145 / Sq Ft
10/09/2023 10/09/23 Sold $230,000 +5.1% $76 / Sq Ft View Prior Sale
08/02/2023 08/02/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $218,900 -- $73 / 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
2025 $4,790 $129,390 $25,350 $104,040
2024 $4,795 $129,390 $25,350 $104,040
2023 $4,997 $105,430 $22,040 $83,390
2022 $4,924 $105,430 $22,040 $83,390
2021 $5,281 $105,430 $22,040 $83,390
2020 $5,269 $105,430 $22,040 $83,390
2019 $5,184 $105,430 $22,040 $83,390
2017 $4,826 $101,360 $19,310 $82,050
2015 $4,661 $101,360 $19,310 $82,050
2014 $4,402 $101,360 $19,310 $82,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24063470

SmartMLS

APN: WIND-001205-000142-000011-000003