NOT LISTED FOR SALE

83 Main St Sterling, CT 06377

-- Bed
-- Bath
2,450 Sq Ft
5,227 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $198,000 $81 Per Sq Ft

26 Days on Market

Highlights

  • Attic
  • Smart Appliances
  • Baseboard Heating
  • No HOA
  • Accessible Ramps
  • Private Driveway

About This Home

As of November 2020

Located on Main Street in Sterling, CT this renovated 4 tenant single bedroom multifamily home is a fantastic investment. The low cost taxes and public utilities make this a very easy and manageable home to take care of. Active tenants with great history and have been in the home for years. The home has been insulated for Tenant paid Electric heat which makes it attractive to the tenants and low maintenance for the home owner . Each Apartment has a combined Living and Kitchen areas with a large private bedroom and full Bath. One lower apartment has access to an outside deck area and both have a nice back yard with off street parking on both sides of the home. Right now the total Income generated on this property is $2295.00/Mo or $27,540.00 per year. Don't miss out on this great opportunity.

Last Listed By

Michael Deyorio

CR Premier Properties License #RES.0811459 Listed on: 07/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,450 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Storm Doors
  • Smart Appliances

Parking

  • Private Driveway
  • Off-Street Parking

Additional Features

  • Accessible Ramps
  • Energy-Efficient Insulation
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: See Inclusion sheet

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $27,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,067

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Sterling Center
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2450
  • Public Record Living Room Sq Ft: 2450
  • Total Sq Ft: 2450
  • Year Built: 1900
  • Property Sub Type: 4 Family
  • Exclusions: See Inclusion sheet
  • Handicap Features: Ramps
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Located on Main Street in Sterling, CT. GPS Friendly
  • Special Features: None

Interior Features

  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Home Automation: Appliances
  • Street Number Modifier: 83

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Extra Insulation, Storm Doors

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: Residential

Multi Family

  • Gross Annual Income: 27540
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3067
  • Total Assessed Value: 96010
  • Mil Rate Base: 31.940
  • Mil Rate Total: 31.940
  • Assessor Parcel Number: 1718706

MLS Schools

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

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $198,000 -1.0% $81 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $199,900 -- $82 / 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
2024 $3,609 $152,600 $29,100 $123,500
2023 $3,391 $152,600 $29,100 $123,500
2022 $3,067 $96,010 $11,170 $84,840
2021 $3,067 $96,010 $11,170 $84,840
2020 $3,067 $96,010 $11,170 $84,840
2019 $3,067 $96,010 $11,170 $84,840
2018 $3,053 $96,010 $11,170 $84,840
2017 $2,969 $93,350 $17,470 $75,880
2016 $2,950 $93,350 $17,470 $75,880
2015 $2,950 $93,350 $17,470 $75,880
2014 $2,941 $93,350 $17,470 $75,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170322166

SmartMLS