Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 4 BR
Bathrooms: 2
Pets: Pets Unknown
Area: 2430 sq ft

Financials

Price:$499,900
Annual Taxes:$8,194
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Natascia Klimas of William Pitt Sotheby's Int'l

Description

Incredible opportunity to own a high-visibility, income-generating mixed-use property close to major highways and shopping. With 2,430 sq ft of total space on 0.63 acres, this fully renovated building offers both commercial and residential rental income streams, ideal for investors or owner-occupants. Some features include a fully renovated Commercial unit on the first floor with updated electrical in June 2024, and a new ADA-compliant ramp installed August 2024. This is ideal for retail, office, or service use. The second Floor is a Residential Unit, with 2 bedrooms and 1 bathroom. Recently updated with new windows in April 2025, new flooring and carpet, and upgrades in the kitchen and bathroom. The third floor is also a residential unit - Fully renovated, 2 bedrooms, 1 bathroom currently generating income via Airbnb and medium-term rentals. This property has proven income resource from long and short term rentals, a detached garage and 15-space parking lot with additional land in rear, and ample basement storage for tenant or owner use. This property blends modern updates with solid income potential. Whether you're expanding your portfolio or seeking a flexible live/work investment, this one checks all the boxes!

Amenities

  • Ductless
  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Ramps

Incredible opportunity to own a high visibility, income generating mixed use property close to major highways and shopping.


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