River Home Off Market

Great opportunity to own a three family home close to downtown Westerly and only a short distance to the areas beaches and attractions. Currently owner occupied, this property generates $19,200 a year, far below market. Tremendous opportunity to add value to this property and see cash flow increase to $40,800 a year. Current rent/market = Unit 1: owner/1,000 Unit 2: 800/1,200 Unit 3: 800/1,200. Also, potential to combine 3rd unit with unfinished top floor to provide additional living space. Roof, hot water heaters, furnace, electrical panels, exterior paint, have all been done within the past 8 years. Home is connected to city gas/water/sewer. Separate entrances, utilities, and off street parking.

Property Details

  • Beds: 7
  • Baths: 3.0
  • Sq Feet: 2856
  • Year Built: 1900
  • Location: Pawcatuck River
  • Acres: 0.180
  • Riverview: Yes
  • ViewTypes: River, Water
  • County: New London County
  • Heat/AC: Baseboard,Space Heater
  • Garage: Driveway,Off Street,On Street
  • Siding: Wood
  • Roof: Asphalt
  • Property Taxes: $4,119
  • MLS #: 170325545

Location

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Contact Information:

Ad Statistics:

Lake Home Off Market in Stonington, Connecticut
Ad Number : 1072471
Viewed: 165 times
Added: Aug 14, 2020
Updated on: Nov 01, 2020
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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