47 Commerce Ave Danielson, CT 06239
Estimated payment $2,992/month
Total Views
4,328
8
Beds
5
Baths
4,400
Sq Ft
$111
Price per Sq Ft
Highlights
- River Front
- Public Transportation
- Baseboard Heating
- Property is near public transit
About This Home
Investor alert! This professionally managed, fully occupied 5-family property is a rare turn-key opportunity delivering strong and consistent cash flow. All five units are currently leased, making this a seamless addition to your portfolio with income from day one. The building features a new roof. Tenants pay for their own electric heat and hot water, keeping operating costs low for the owner. This property will require commercial lending and is ideal for both new and seasoned investors looking for stable, hands-off income in a well-run asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,798
Year Built
- Built in 1900
Lot Details
- 0.27 Acre Lot
- River Front
Home Design
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 4,400 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Parking
- 7 Parking Spaces
- Gravel Driveway
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Baseboard Heating
- Electric Water Heater
Community Details
- 5 Units
- Public Transportation
- Gross Income $72,684
Listing and Financial Details
- Assessor Parcel Number 1688342
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/24/2025 08/24/25 | Pending | -- | -- | -- | |
| 08/19/2025 08/19/25 | For Sale | $489,000 | 0.0% | $111 / Sq Ft | |
| 08/10/2025 08/10/25 | Pending | -- | -- | -- | |
| 07/26/2025 07/26/25 | For Sale | $489,000 | +88.1% | $111 / Sq Ft | |
| 08/26/2022 08/26/22 | Sold | $260,000 | -4.6% | $59 / Sq Ft | View Prior Sale |
| 06/30/2022 06/30/22 | Pending | -- | -- | -- | |
| 06/01/2022 06/01/22 | For Sale | $272,500 | -- | $62 / Sq Ft |
Source: SmartMLS
About the Listing Agent
Jason Pollard is a Stonington, Connecticut native and has lived along the coast his whole life. He began serving surrounding communities, as well as his own, at 16 years old as a volunteer firefighter and EMT. This led to his career path, as he has been a professional firefighter for the past 20 years. He is also a husband and father; his son is just starting high school and his daughter is in college. They have lived in Old Mystic, Connecticut for 22 years. He serves on the Mystic Little
Jason's Other Listings
Source: SmartMLS
MLS Number: 24112207
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