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$ 775,000
Est. payment /mo
Price Dropped by $25K
1418-1420 Main Street Newington, CT 06111
10 Beds
5 Baths
5,916 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,916 sqft
Price per Sqft $131
MLS Listing ID 24148606
Style Other
Bedrooms 10
Full Baths 5
Year Built 1834
Annual Tax Amount $13,783
Lot Size 0.910 Acres
Property Sub-Type 5 Family+
Property Description
This five unit multi-family 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.
Location
State CT
County Hartford
Zoning R-12
Rooms
Basement Full
Interior
Heating Hot Air
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Historic District
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Matthew Schoenhardt • William Raveis Real Estate