1259 Wolcott Road, Wolcott, CT 06716 (MLS # 24011427)


Price $599,900
Status Active
Beds 12
Baths 6 Baths
Home size 3,281 sqft
Lot Size 1.37 ac
Days on Market 13
Located in Wolcott, CT, this large multifamily property at 1259 Wolcott Rd. offers a practical investment opportunity with its six units, each featuring two bedrooms and one bathroom. The living spaces are efficiently designed, providing comfortable accommodations for residents. Recent upgrades to the property include a new rear deck, updated bathrooms, and improved exterior lighting, enhancing the overall living experience for tenants. The property boasts a spacious backyard with access to a forest trail, offering outdoor space for residents to enjoy. The septic system and well are in good condition, having been inspected just a year ago. Each unit has its own electrical meter, and there is an additional owner panel, with common charges ranging from $32-40 per month. The owner is responsible for the heat and gas utilities, serviced by a single meter. With new boilers and hot water heaters in place, as well as a roof that is approximately three years old, the property is well-maintained and ready for continued use. Currently at 100% occupancy, this multifamily residence in Wolcott represents a solid investment with steady rental income. The current rents are below market rate and can be raised to $1500 per unit.
Property Type(s): Multi Family
Last Updated 4/18/2024 Year Built 1950
County New Haven

SCHOOLS

Elementary School Per Board of Ed
Jr. High School Per Board of Ed
High School Per Board of Ed

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
CONSTRUCTION Stucco, Vinyl Siding
HEAT Baseboard, Forced Air, Natural Gas
LOT 1.37 acre(s)
LOT DESCRIPTION Wooded
PARKING Off Street
SEWER Septic Tank
TAXES 6671
WATER Well
ZONING GC

Location

 

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