Griswold, CT 06351,100 Ashland Street

$475,000

Est. payment /mo

$475,000

Est.Price: ?

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100 Ashland Street Griswold, CT 06351

9 Beds

6 Baths

4,056 SqFt

SOLD DATE : 06/30/2023

Key Details

Sold Price $475,000

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Sold

Purchase Type For Sale

Square Footage 4,056 sqft

Price per Sqft $117

MLS Listing ID 170565217

Sold Date 06/30/23

Style Units on different Floors

Bedrooms 9

Full Baths 6

Year Built 1900

Annual Tax Amount $5,512

Lot Size 8,712 Sqft

Property Description

Currently a cash calf that could be a huge cash cow. Rents are well below market and some units need refreshing but are all currently rented and the draw for tenants is this 7 unit building is waterfront!. It is on Ashland Pond with fishing right out the back for Largemouth bass, pickerel, yellow perch and sunfish. Adequate parking in front and rear of building. Utilities except for hot water + water and sewer are separate but see unit details for exceptions. Stated expenses include utilities, taxes, insurance and dumpster rental but not any management fees or one time expenses. Incredible opportunity for growth and well protected by even current income. Commercial loans or cash only- No seller financing and no blind offers! Seventh units rent not listed on MLS, is a one bedroom for $750 a month. It is a basement unit with electric heat.

Location

State CT

County New London

Zoning BRM

Rooms

Basement Full, Partially Finished, Concrete Floor

Interior

Heating Baseboard

Cooling None

Exterior

Exterior Feature Deck, Lighting, Porch

Parking Features Unassigned Parking, Parking Lot

Waterfront Description Direct Waterfront,View

Roof Type Asphalt Shingle

Building

Lot Description Water View, Level Lot

Foundation Brick, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Griswold

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Listed by Leo Chomen • RANDALL, REALTORS-Compass
Bought with Nicole M. Garbutt • Browning & Browning R.E.
agent

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

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