Rare income producing property featuring two separate ranch style homes on one lot, located approximately 1 4 mile from Mohegan Sun.


Property

Website:https://www.nestseekers.com/5333883
Address:
32 Cedar
Montville, CT 06382
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 3
Area: 2654 sq ft

Financials

Price:$555,000
Annual Taxes:$7,004

Description

Rare income-producing property featuring two separate ranch-style homes on one lot, located approximately 1/4 mile from Mohegan Sun. Positioned on a quiet dead-end street, this asset benefits from strong year-round rental demand driven by tourism, entertainment, and highway access. The front residence offers approximately 1,000 sq ft, 3 bedrooms, 1 bath, central air, a fireplace, and a whole-house generator. The finished lower level includes a private entrance, an additional bedroom, a full bath, a kitchen, and a living area-creating a second rentable space and immediate dual-income potential. The 850 SF rear home operates as a fully independent dwelling with a living room, kitchen, bedroom, office space, central air, a private septic system, and a deck. Its separation and dedicated access make it well-suited for short-term rental or long-term tenancy. Separate driveways enhance privacy and flexibility for multiple occupants. An attached two-car garage adds additional utility and potential rental premium.

Amenities

  • Central Air
  • Deck
  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Multiple Entries/Exits

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Maria Phillips of William Raveis Real Estate