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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Ad Statistics:
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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