NOT LISTED FOR SALE
10 Beds
5 Baths
3,853 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: March 24, 2020

Last sale price $199,900 $52 Per Sq Ft

18 Days on Market

Highlights

  • Covered Deck
  • Attic
  • Public Transportation
  • Property is near public transit, shops, and bus stop
  • Balcony
  • Baseboard Heating

About This Home

As of March 2020

Investors take note: Unique property that has great income, and many recent updates. 2 buildings, one 3-family house and a separate single family house. (Units 1-3 are the 3 family house). NOI +/- of $27,658. Some of the updates completed in the past 2 years are: New water heaters in all units, new tile in all kitchens, electrical upgrades, new plumbing in all units, new ceilings, new roofs throughout (2018-includes new sheathing), interior paint throughout, new appliances. Separate utilities for all tenants (water/sewer is landlord included with rent).
If you are looking for excellent cash flow with easy to rent units, this is the investment for you.

Last Agent to Sell the Property

Rick Nassiff

KW Legacy Partners License #RES.0788579 Listed on: 01/13/2020

KW Legacy Partners

Last Buyer's Agent

Edward Magilton

RE/MAX Town & Country License #REB.0424152

RE/MAX Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,742

Year Built

  • Built in 1890

Lot Details

  • 4,792

Home Design

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

Interior Spaces

  • 3,853 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Deck
  • Private Driveway
  • Unpaved Parking

Outdoor Features

  • Balcony
  • Covered Deck
  • Rain Gutters

Schools

  • Natchaug Elementary School
  • Windham Middle School
  • Windham High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • 4,792 Sq Ft Lot
  • Property is near public transit, shops, and bus stop

Community Details

  • 4 Units
  • Public Transportation
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,742

Year Built

Built in 1890

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3853
  • Total Sq Ft: 3853
  • Year Built: 1890
  • Nearby Amenities: Commuter Bus, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Valley St to North, on right behind parking lot of the restaurant. 3 family is number 79, 1 family is number 77
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Unpaved, Driveway
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1100
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: NPR2

Multi Family

  • Gross Annual Income: 41400
  • Unit Count: 4
  • Total Multi Family: 18
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5742
  • Mil Rate Base: 36.440
  • Mil Rate Tax District: 12.730
  • Assessor Parcel Number: 2291300

MLS Schools

  • Elementary School: Natchaug
  • Middle Jr High School: Windham
  • High School: Windham

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Mar 23, 2020
Sold by
Bought by
Seller's Agent
Rick Nassiff
KW Legacy Partners
Buyer's Agent
Edward Magilton
RE/MAX Town & Country
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Interest Rate
0.067%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$199,900 None Available
-- --
$250,000 --
$165,000 --
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
Open $159,920
Previous Owner $12,500
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 Prior Sale
03/24/2020 03/24/20 Sold $199,900 0.0% $52 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $199,900 +270.2% $52 / Sq Ft
05/20/2016 05/20/16 Sold $54,000 +8.2% $22 / Sq Ft View Prior Sale
04/27/2016 04/27/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $49,900 -- $20 / 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 $7,453 $201,320 $24,150 $177,170
2024 $7,461 $201,320 $24,150 $177,170
2023 $5,535 $116,780 $21,000 $95,780
2022 $5,454 $116,780 $21,000 $95,780
2021 $5,850 $116,780 $21,000 $95,780
2020 $5,837 $116,780 $21,000 $95,780
2019 $5,742 $116,780 $21,000 $95,780
2017 $4,812 $101,070 $18,890 $82,180
2015 $3,472 $101,070 $18,890 $82,180
2014 $4,389 $101,070 $18,890 $82,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170263378

SmartMLS

APN: WIND M:13-03 B:086 L:6

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