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207 South Main Street

Colchester, CT 06415
  • $454,500
  • STATUS: Active
  • ON SITE: 161 Days
  • MLS #: 170580083
UPDATED: 37 min ago
$454,500
  • 6
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1824
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

$57420 income! Great investment or owner occ w/great income. Op expenses only $5491. Beautifully restored Colonial within walking distance of town center, green, local eateries, coffee shops and shopping. - 1st fl Use it as up to 4 bedrm w/2 kitchens & 2 baths or for someone wanting an au-pair, inlaw or other layout; Use your imagination, it has 2 fully applianced eat-in kitchens w/granite counters, 2 tiled baths, office/study, 2 separate patios (1 w/pavers & pergola), 2 separate electric meters for 1st fl, 2 separate entry. 1st fl rent $2890. - The 2nd/3rd floor is a Townhouse style apartment. Rent is $1895/month+ util. It has a master bedrm, full bath on 2nd fl plus 2 bedrms ea w/its own closet & ea w/150 SF+ storage. A full bath serves these 2 bedrms. 2nd fl features an open floor plan eat-in kitchen w/granite counters, under-cabinet lighting, a food pantry & laundry closet w/washer/dryer. Living room is open to kitchen. Convenient propane forced warm air furnace - Adt'l features: New New New Roof, Siding, Doors, Windows, Insulation, Flooring, Plumbing, Electric, 3 Meters, Ceiling fans, Recessed, Pendent & Under Cab Lighting. Prof landscape, 2 Patios 1 w/pavers & Pergola, Bird Feeders & bird-baths. doors. Barn-wood wainscoting, Vintage style plank flooring. - Nothing like this anywhere! Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities and cold water, sewer and trash collection. Beautifully restored Colonial w/in walking distance of the Green. 3 New kitchens w/granite counters, peninsulas, under-cabinet lighting, 4 new ceramic tiled baths, new insulation, new vintage style flooring, barn-wood wainscoting accent walls in each unit, new wood stairs, new plumbing/heating/electrical plus ceiling fans, recessed lighting, under cabinet lighting. Exterior updates include professional landscaping, Fully fenced yard, new roofs, siding and doors, new Patios, Stone walls, Pergola and Bird Feeders. - 1st fl w/flexible occupancy options incl 2 new fully applianced eat-in kitchens w/granite counters & under-cab lighting, 2 ceramic tiled full baths, 2 sets of washer/dryers, 3 bedrms, office/study, 2 separate patios (1 w/pavers & pergola), 2 separate electric meters for 1st floor apt. 2 separate entrances. 1st fl rent is $2890 thru 12/31/23 when it is expected to increase. - The 2nd/3rd floor is a Townhouse style apartment. Rent is $1895/month+ util. It has a master bedrm, full bath on 2nd fl plus 2 bedrms ea w/its own closet & ea w/150 SF+ storage. A full bath serves these 2 bedrms. 2nd fl features an open floor plan eat-in kitchen w/granite counters, under-cabinet lighting, a food pantry & laundry closet w/washer/dryer. Living room is open to kitchen. Convenient propane forced warm air furnace - Adt'l features: New New New Roof, Siding, Doors, Windows, Insulation, Flooring, Plumbing, Electric, 3 Meters, Ceiling fans, Recessed, Pendent & Under Cab Lighting. Prof landscape, 2 Patios 1 w/pavers & Pergola, Bird Feeders & bird-baths. doors. Barn-wood wainscoting, Vintage style plank flooring. - Nothing like this elsewhere in Colchester or surrounding areas. Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities and cold water, sewer and trash collection. - Nothing like this elsewhere in Colchester or surrounding areas. Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities, cold water, sewer & trash. Expenses only $5491. Net over $51,900!

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-12-05T14:10:04.623.
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207 South Main Street Colchester, CT 06415

  • Price: $454,500
  • Status: Active
  • On Site: 161 Days
  • Updated: 37 min ago
  • MLS #: 170580083
6
Beds
4
Baths
0
½ Baths
0.19
Acres
1824
Built
County:
New London
Area:
Colchester
Elementary School:
Colchester
Middle School:
per board of ed
High School:
per board of ed
Property Description
$57420 income! Great investment or owner occ w/great income. Op expenses only $5491. Beautifully restored Colonial within walking distance of town center, green, local eateries, coffee shops and shopping. - 1st fl Use it as up to 4 bedrm w/2 kitchens & 2 baths or for someone wanting an au-pair, inlaw or other layout; Use your imagination, it has 2 fully applianced eat-in kitchens w/granite counters, 2 tiled baths, office/study, 2 separate patios (1 w/pavers & pergola), 2 separate electric meters for 1st fl, 2 separate entry. 1st fl rent $2890. - The 2nd/3rd floor is a Townhouse style apartment. Rent is $1895/month+ util. It has a master bedrm, full bath on 2nd fl plus 2 bedrms ea w/its own closet & ea w/150 SF+ storage. A full bath serves these 2 bedrms. 2nd fl features an open floor plan eat-in kitchen w/granite counters, under-cabinet lighting, a food pantry & laundry closet w/washer/dryer. Living room is open to kitchen. Convenient propane forced warm air furnace - Adt'l features: New New New Roof, Siding, Doors, Windows, Insulation, Flooring, Plumbing, Electric, 3 Meters, Ceiling fans, Recessed, Pendent & Under Cab Lighting. Prof landscape, 2 Patios 1 w/pavers & Pergola, Bird Feeders & bird-baths. doors. Barn-wood wainscoting, Vintage style plank flooring. - Nothing like this anywhere! Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities and cold water, sewer and trash collection. Beautifully restored Colonial w/in walking distance of the Green. 3 New kitchens w/granite counters, peninsulas, under-cabinet lighting, 4 new ceramic tiled baths, new insulation, new vintage style flooring, barn-wood wainscoting accent walls in each unit, new wood stairs, new plumbing/heating/electrical plus ceiling fans, recessed lighting, under cabinet lighting. Exterior updates include professional landscaping, Fully fenced yard, new roofs, siding and doors, new Patios, Stone walls, Pergola and Bird Feeders. - 1st fl w/flexible occupancy options incl 2 new fully applianced eat-in kitchens w/granite counters & under-cab lighting, 2 ceramic tiled full baths, 2 sets of washer/dryers, 3 bedrms, office/study, 2 separate patios (1 w/pavers & pergola), 2 separate electric meters for 1st floor apt. 2 separate entrances. 1st fl rent is $2890 thru 12/31/23 when it is expected to increase. - The 2nd/3rd floor is a Townhouse style apartment. Rent is $1895/month+ util. It has a master bedrm, full bath on 2nd fl plus 2 bedrms ea w/its own closet & ea w/150 SF+ storage. A full bath serves these 2 bedrms. 2nd fl features an open floor plan eat-in kitchen w/granite counters, under-cabinet lighting, a food pantry & laundry closet w/washer/dryer. Living room is open to kitchen. Convenient propane forced warm air furnace - Adt'l features: New New New Roof, Siding, Doors, Windows, Insulation, Flooring, Plumbing, Electric, 3 Meters, Ceiling fans, Recessed, Pendent & Under Cab Lighting. Prof landscape, 2 Patios 1 w/pavers & Pergola, Bird Feeders & bird-baths. doors. Barn-wood wainscoting, Vintage style plank flooring. - Nothing like this elsewhere in Colchester or surrounding areas. Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities and cold water, sewer and trash collection. - Nothing like this elsewhere in Colchester or surrounding areas. Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities, cold water, sewer & trash. Expenses only $5491. Net over $51,900!
Exterior Features

Color Lt Green Direct Waterfront YN No Driveway Type PrivatePaved Exterior Features Garden AreaGuttersLightingPatioPorch-EnclosedPorch-HeatedShedSidewalkStone Wall Exterior Siding Vinyl Siding Garage And Parking DrivewayPavedOff Street Parking Lot Description Level Lot Nearby Amenities Commuter BusGolf CourseLakeMedical FacilitiesParkPrivate School(s)Public Rec FacilitiesPublic Transportation Parking Total Spaces 6 Roof Information Asphalt Shingle Style Units on different Floors Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic Description Walk-upFinishedHeated Attic YN Yes Basement Description Full With Hatchway Cooling System Window Unit Fireplaces Total 0 Heat Type BaseboardHot Air Home Automation AppliancesElectric Outlet(s)LightingThermostat(s) Laundry Room Info All Units Have Hook-UpsWasher/Dryer All Units Laundry Room Location 3 WasherS/Dryers Sq Ft Est Heated Above Grade 2888 Sq Ft Total 2888 Total Rooms 12 Total Rooms Multi Family 12

Property Features

Accessibility Features Exterior Curb CutsMultiple Entries/Exits Agent Owner YN Yes Bank Owned Property No Energy Features Energy Star RatedExtra InsulationProgrammable ThermostatRidge VentsThermopane Windows Financing Used FHA Flood Zone YN No Foundation Type Stone Fuel Tank Location Above Ground Gross Annual Expense 5491 Gross Annual Income 57450 Heat Fuel Type ElectricPropane Home Owners Assocation No Home Warranty Offered YN No Hot Water Description 30 Gallon TankElectric Hubbard YN No Intermediate School Per Board of Ed Net Operating Income 51959 New Construction Type No/Resale Potential Short Sale No Property Sub Type 2 Family Radon Mitigation Air YN No Radon Mitigation Water YN No Sewage System Public Sewer Connected Sewer Assess Description TENANTS REIMBURSE LANDLORD FOR WATER AND SEWER AND TENANTS PAY FOR TRASH PICKUP. Tax Year July 2020-June 2021 Total Number Of Units 2 Under Agreement Yn No Water Source Public Water Connected Zoning R30A

Listing information © 2023 Smart MLS
Listing provided courtesy of Joseph Raffone of Raffone Realty: (203) 787-2900.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-12-05T14:10:04.623.
 
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