
87 North St Willimantic, CT 06226
Estimated payment $2,189/month
Highlights
- Attic
- 1 Fireplace
- Level Lot
About This Home
TWO HOUSES ON ONE PROPERTY! This unique investment opportunity at 87-89 North Street in Willimantic, CT, presents a compelling proposition for investors. The property comprises TWO single-family homes situated on a single lot, each with its own driveway and access to a large garage located conveniently on the front house's driveway. The rear house, a charming 1,224 square-foot dwelling, currently offers two bedrooms, a spacious kitchen, dining room, a laundry area, and a full bathroom. Its existing condition presents a stable rental income stream, mitigating risk during the renovation of the front house. The front house, approximately 1,757 square feet, has been completely stripped to the studs, providing a blank canvas for a renovation. New roof was put on in 2023. The size and layout allow for the creation of a four-bedroom residence, significantly increasing potential rental income or providing expansive living space for an owner-occupant. Rehabilitation plans could incorporate features to maximize rental appeal and profitability. The location is another key advantage. The property's proximity to Main Street places it within easy walking distance and bus lines to shopping mall, restaurants, and Eastern Connecticut State University, only a 15-minute drive to UCONN, and steps away from the bus line, serving Mansfield, Storrs, and Willimantic. Providing a strong pool of potential renters.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,860
Year Built
- Built in 1920
Lot Details
- 9,148 Sq Ft Lot
- Level Lot
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Clap Board Siding
- Masonry
Interior Spaces
- 2,981 Sq Ft Home
- 1 Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating System Uses Oil
- Radiant Heating System
- Fuel Tank Located in Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 1732664
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/02/2025 08/02/25 | Price Changed | $299,000 | -6.6% | $100 / Sq Ft |
05/31/2025 05/31/25 | For Sale | $320,000 | -- | $107 / Sq Ft |
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APN: WIND M:13-03 B:086 L:3
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