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8 Pratt StreetNew London, CT 06320MLS Number 170034082

  • Price: $279,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-11-02

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 4Bedrooms
  • 4Bathroom
  • 0.07Acreage
  • 3,000Square Feet

Incredible investment property that grosses 35K per year in income. This home has four spacious and updated one-bedroom apartments, each of which have 750 square feet of living space and are fully rented. The brick building is in great shape and is updated inside and out, with little continual maintenance required. Each unit has separate utilities, with newer electric service, gas furnaces, and hot water heaters. There is a full basement that has a common laundry area for tenants, with coin operated washer and dryer. The sale also includes an adjacent and separately deeded .11 acre lot, that can accommodate off street parking for a number of vehicles. No work needs to be done here, just sit back and collect the rent with this investment property.

Listed by John Troland, Jr. of Heritage Properties SPC

Driving Directions

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

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More Info

Basic Information

  • StatusACT
  • List Price$279,000
  • Square Feet3,000
  • HoaNo
  • Lease purchaseNo
  • Units4
  • Property subtype4 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.07
  • MLS Number170034082

Interior

  • Rooms total multifamily12
  • RoofFlat

Exterior

  • ColorBrick
  • Exterior featuresPorch
  • Exterior sidingBrick

Amenities

  • Amenities
    • Commuter Bus
    • Library
    • Medical Facilities
    • Playground/Tot Lot
    • Private School(s)
    • Public Pool
    • Walk to Bus Lines

Tax Information

  • Milrate base44
  • Milrate total44.26
  • Taxes$3,634
  • Tax YearJuly 2017-June 2018
  • Assessed value$82,110

Building

  • Bedrooms4
  • Bathroom4
  • Year Built1900
  • Property Style4sides - Units Are Side-by-Side
  • Energy FeaturesThermopane Windows
  • FoundationStone
  • Garage Parking InfoUnpaved, Parking Lot
  • New construction typeNo
  • AtticNo
  • BasementFull, Full With Walk-Out
  • Full Bath4

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

Auction

  • Bank owned propertyNo

Other

  • Radon mitigation airNo
  • Radon mitigation waterNo
  • Space is leasedNo

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Rooms

  • Laundry room infoCoin Op Laundry, Common Laundry Area

Location

  • StateCT
  • Zip06320
  • CountyNew London

Property

  • Lot DescriptionLevel Lot
  • Driveway TypeCrushed Stone
  • Garage
  • Parking Spaces
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionBrick

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Hot water descriptionNatural Gas
  • Heating FuelNatural Gas
  • Fuel tank locationNon Applicable
  • Heat SystemBaseboard
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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