This 4 unit multi family home, is a functional 5 family and is very close to, if not in, downtown Newington.
| Website: | https://www.nestseekers.com/5439830 |
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| Address: | 1418-1420 Main Newington, CT 06111 |
| Ownership: | Multi-Family |
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| Type: | Multi-Family |
| Bedrooms: | 10 BR |
| Bathrooms: | 5 |
| Area: | 5916 sq ft |
Financials
Price:$875,000
Annual Taxes:$13,783
Description
This 4 unit multi family home, is a functional 5 family and is very close to , if not in , downtown Newington . ( It has 3 of the 5 units available to tour in person , currently, due to logistic ) Showing can only be arranged on scheduled Saturday afternoon right now . The photo is from a few years Avon . It is diagonally across from the firestation. It has not been on the market in the past 40+ years. The rents coming in , are considerably under current rates being collected for Newington. The plot plan shows that a building lot is possible to be split off and sold or re developed , which the town has verified. Additionally, there are two spaces or areas in the house that have the possibility of being converted in units, which would make it a 7 unit functional investment property. Or perhaps it could be converted back to a single family home. The owner is the agent . The property has cosmetics issues ( power washing and painting, and isolated trim that needs to be addressed. As a single owner, I cannot keep up with the maintenance in a paractial way any longer . It's time to turn it over to the next person.
Amenities
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Matthew Schoenhardt of William Raveis Real Estate | |