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54 Clark LaneWaterford, CT 06385MLS Number 170337120

  • Price: $255,000The price has recently decreased
  • Est. Mortgage of $/month
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Est. Mortgage: $/month

Federal 30-year interest rate: 2.8% last updated on 2020-10-22

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

Listed by Pam McNulty-Hennessey and Mary Poola of William Raveis Real Estate
54 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 0638554 Clark Waterford CT 06385
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  • $255,000List Price
  • 4Bedrooms
  • 2Bathrooms
  • 0.19Acreage
Centrally located in Waterford, this two-family residence offers the option of an income producing investment opportunity or owner occupant in one unit and tenant occupant in the other to pay the mortgage. The property has a new roof (2019) and there is a separate access walk-up attic that affords great storage and is located in unit 2. Both units have ceiling fans, hardwood floors, ceramic tile; unit 2 also has linoleum flooring and each has two separate entry points. There is a one car detached garage on the adjoining lot (54 Clark Ln) and the primary lot (60 Clark Ln.) provides for paved off-street parking for tenants/guests. This rare multi-family includes the adjacent lot as part of the package but the two are not taxed as one property. Current assessment for the lot is $41,350 x 27.87 bringing the tax to $1152 and combined with the primary lot, the total tax is $5,072. Town records show a total living space of 2407 square feet but this count includes a finished attic which is not accurate. The first floor has 1,295 sq. ft. and the second unit has 836 sq. ft. giving a total living space of 2,131 sq. ft. The attic which is not finished accounts for the other 276 sq. ft. which brings the total to 2407. Convenient location just a short distance from supermarkets, restaurants, schools, senior center, public library, medical facilities, bus line and a dog park. The property is tenant occupied & requires 24 hr. notice. Home to be sold 'AS IS, WHERE IS'.

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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$255,000
  • Square Feet2,407
  • Virtual TourView Tour
  • HoaNo
  • ColistofficenameWilliam Raveis Real Estate
  • Lease purchaseNo
  • Units2
  • Net operating income16400
  • Property subtype2 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.19
  • Co-List TeamPower Team
  • List TeamPower Team
  • MLS Number170337120


  • RoofAsphalt Shingle


  • ColorWhite
  • Exterior featuresPorch, Sidewalk
  • Exterior sidingVinyl Siding

Water Body

  • Waterfront DescriptionNot Applicable

Tax Information

  • Milrate base27
  • Milrate total27.87
  • Taxes$3,920
  • Tax YearJuly 2020-June 2021
  • Assessed value$140,670


  • Bedrooms4
  • Bathroom2
  • Year Built1932
  • Garage Spaces1
  • Property StyleUnits on different Floors
  • Energy FeaturesStorm Doors, Storm Windows
  • FoundationConcrete
  • Garage Parking InfoDetached Garage, Paved, Off Street Parking
  • New construction typeNo/Resale
  • AtticYes
  • Attic descriptionWalk-up, Storage Space
  • BasementFull, Shared Basement, Concrete Floor, Dirt Floor, Storage
  • Full Bath2


  • Amenities
    • Commuter Bus
    • Golf Course
    • Library
    • Medical Facilities
    • Park
    • Private Rec Facilities
    • Public Rec Facilities
    • Shopping/Mall
  • Association amenitiesNone


  • Bank owned propertyNo


  • Radon mitigation airNo
  • Radon mitigation waterNo
  • Space is leasedNo
  • View Count3

School Information

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


  • Laundry room infoWasher/Dryer All Units


  • StateCT
  • Zip06385
  • CountyNew London


  • Lot DescriptionLevel Lot
  • Driveway TypePrivate, Asphalt
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame


  • Water sourcePublic Water Connected
  • Cooling SystemCeiling Fans, Window Unit
  • Hot water descriptionDomestic, 40 Gallon Tank, Electric
  • Heating FuelElectric
  • Fuel tank locationIn Basement
  • Heat SystemBaseboard, Hot Water
  • 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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