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38 Coit StreetNew London, CT 06320MLS Number 170093884

  • Price: $165,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.62% last updated on 2018-06-14

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

  • 6Bedrooms
  • 2Bathroom
  • 0.06Acreage
  • 2,160Square Feet

Investors! Do the math! Fully rented with leases. Rate of return at about 15%, if you finance with 20% down! Gas heat and hot water. Updated electrical. Newer roof. Newer windows. Could be also a great owner occupied home, with a unit helping you pay your mortgage.

Listed by Michela Harris of RANDALL, REALTORS-Christie's

Driving Directions

Market Realty, LLC

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$165,000
  • Square Feet2,160
  • HoaNo
  • Lease purchaseNo
  • Units2
  • Net operating income15840
  • Property subtype2 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.06
  • MLS Number170093884

Interior

  • Rooms total multifamily10
  • RoofAsphalt Shingle

Exterior

  • Exterior sidingVinyl Siding

Utilities

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

Tax Information

  • Milrate base44
  • Milrate total44.26
  • Taxes$3,256
  • Tax YearJuly 2017-June 2018
  • Assessed value$73,570

Building

  • Bedrooms6
  • Bathroom2
  • Year Built1870
  • Property StyleUnits on different Floors
  • FoundationStone
  • Garage Parking InfoOn Street Parking
  • New construction typeNo
  • AtticNo
  • Attic descriptionFinished
  • BasementFull With Walk-Out
  • Full Bath2

Amenities

  • AmenitiesPublic Transportation

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

Auction

  • Bank owned propertyNo

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolNew London

Rooms

  • Laundry room infoNone

Location

  • StateCT
  • Zip06320
  • CountyNew London

Property

  • Lot DescriptionLevel Lot
  • Driveway TypeNone
  • Garage
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Other

  • Space is leasedNo

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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