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55 Chesterfield Road, Montville CT 06370

Current Price: $661,000

4 beds 4 baths 1366 sq. ft

Last Update: 11/23/2024

Property Type: Multi-Family For Sale

Public Remarks

Welcome to this beautifully renovated multi-unit property, offering THREE mobile home lot rentals with LONG TERM tenants. as well as a two completely updated rental apartments. The property boasts a new roof and siding, enhancing both its durability and curb appeal. Both the upper and lower units have been meticulously renovated with brand-new kitchens and bathrooms, showcasing modern finishes and high-quality materials. First floor includes three bedrooms, 2.5 baths with beautiful hardwood throughout. The basement apartment, with its own private entrance is one bedroom and one full bath. Additional features include a new electrical system, plumbing and state of the art well pump, ensuring reliable and efficient utility service. LARGE 2 car garage with high ceilings. The three mobile home lots, each currently leased to long-term tenants at $650 per lot. The mobile homes are owned privately by tenants. These lots give a steady stream of rental income and contribute significantly to the propertys overall revenue potential with minimal upkeep. This property is an excellent opportunity for savvy investors or homeowners looking to live in one unit while generating rental income from the others. Located in a desirable area with easy access to local amenities, this multi-unit property combines modern living with substantial financial benefits. This property is taxed as a Mobile home park and is a commercial property, COMMERCIAL financing or cash

Owner open to explore partial seller financing. Commercial financing or cash. Owner provides landscaping and plowing for all tenants, service provided per lot lease. The basement unit is currently leased for $1500 per month until August 31, 2025 (electric is included). Basement unit permitted only during the second visit. Leases for the lots renew on October 1st, and all tenants are renewing their leases for $675. Propane heat upstairs, electric in basement unit

Map to Property at 55 Chesterfield Road, Montville CT 06370


Left off of rt 163, 55 Chesterfield rd is on the right

Residential Property Information for 55 Chesterfield Road, Montville CT 06370

MLS #: 24046045

Style: Units on different Floors

Color:

Total Rooms:

Bedrooms: 4

Bathrooms: 4

Acres: 3.06

Year Built: 1961 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $5,077

Zoning: R120

Mil Rate:

Assessed Value: $182,840 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 1366; below grade sq feet total is ; total sq ft is 1366

Features
Fireplaces: 1
Attic: Pull-Down Stairs
Basement Desc.: Full
Exterior Siding: Vinyl Siding
Foundation: Concrete
Roof: Asphalt Shingle
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Lightly Wooded
Occupied: Vacant
Utility Information

Hot Water System Domestic

Heat Type: Hot Air

Fueled By: Propane.

Cooling: Central Air

Fuel Tank Location: Above Ground

Water Service: Private Well

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $661,000

Original List Price: $661,000

DOM: 73

Listing Date: 9/11/2024

Last Updated: 9/11/2024 4:42:57 PM

Listing Agent and Broker

List Agent Name: Danielle Pellerin

List Office Name: Experience Property Group