1418-1420 Main St, Newington, CT 06111

$595,000
10
BD
5
BA
5,916
SqFt

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List Price
$595,000
Status
ACTIVE
MLS#
24148606
Price Change
▼ $100,000 1784867898
Year Built
1834
Style
Other
Bedrooms
10
Bathrooms
5
Acres
0.91
Living Area
5,916

Property Description

This five unit multi-family house located near the center of downtown , is likely sub dividable . The house needs a lot of work and updating. It would probably be best if the new owner is a contractor, or you have a contractors work crew established and ready to go. The house is a functional five family, but the town has it listed as a legal four family, which makes financing easier, as anything over four units is considered a commercial loan. The photo is from a few years ago . The plot plan posted shows where the property has the possibility to be split, and a lot sold off, as it appears to meet the town setback and frontage requirements. The current rental rates are well below market, compared to the few other rental options available in town. Additionally, there are two spaces or areas in the house that have the possibility of being converted into additional units. The agent is the owner. Showing tours have been on Tuesdays or Fridays at 1 PM.

Additional Information

Days on Market
196
Taxes
$13,783
Lot Size
39,639
Heating
Hot Air
Cooling System Type
None
Water Source
Public
Basement
Full
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Matthew Schoenhardt from William Raveis Real Estate. (860) 543-4005 (860) 677-4661

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