Sold
Last Sold Price
7 beds3,712 sqft$128/sqft
106 River Rd, Shelton, CT 06484
Multi FamilyProperty Type
1.31 acresLot Size
1945Year Built
$128/sq ftPrice per sq ft

Description

Great Investment Opportunity! This fully rented four unit property right on the River! Excellent commuter location. All 4 units are in good condition. Unit 1 is on electric heat. Unit 2 is on oil and has its own furnace and pays for oil. Unit 3 is Oil heat and shares a furnace with unit 4. Building has 5 Electrical panels- one for each tenant and the owners panel is for common area. One large hot water heater for all the units. Units 1,2,4 are on month-to-month leases and Unit 3 lease is till 3/1/22....Great Investment Opportunity! This fully rented four unit property right on the River! Excellent commuter location. All 4 units are in good condition. Unit 1 is on electric heat. Unit 2 is on oil and has its own furnace and pays for oil. Unit 3 is Oil heat and shares a furnace with unit 4. Building has 5 Electrical panels- one for each tenant and the owners panel is for common area. One large hot water heater for all the units. Units 1,2,4 are on month-to-month leases and Unit 3 lease is till 3/1/22. This unit is situated on 1.31 acres of land, assessor's map within attachments. Highest and best offer due Friday 3/12 by 7PM
  • Listed by: Marissa Papa 203.331.7043 marissa.papa@prestongrayre.com • Preston Gray Real Estate
Listing closed: 05/20/2021 12:00 AM • Source: SMARTMLS, MLS#: 170377829

Location

Listing Courtesy of Preston Gray Real Estate, Marissa Papa

Sold By William Raveis Real Estate, Ray Foote

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Payment Calculator

$2,776 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,455

Property Taxes

$322

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 106 River Road

Property Details
  • Taxes: $3,861 / year
  • MLS Type: Multi-Family / 4 Family
  • Basement Description: Full
  • Direct Waterfront: Yes
  • Garages Number: 0
  • Garage Parking Info: Unassigned Parking, Driveway
  • Swimming Pool: No
Building Information
  • Residences: 4
  • Year Built: 1945
  • Lot Size: 1.31 AC / 57,063 SF
Summary
Property and Location
  • Acres Source: Public Records
  • Association Amenities: None
  • Directions: River Road Next Baingan Restaurant
  • Elementary School: Sunnyside
  • Flood Zone: No
  • High School: Shelton
  • Intermediate School: Perry Hill
  • Latitude: 41.304413
  • Longitude: -73.0757
  • Middle Jr High School: Shelton
  • Neighborhood Amenities: Basketball Court, Golf Course, Health Club, Library, Park, Shopping/Mall
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Sewer Usage Fee Annual: $812
  • Tax Year: July 2020-June 2021
  • Property Tax: $3,861
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gutters, Lighting
  • Waterfront Description: Direct Waterfront, River, View
Interior Features
  • Cooling System: None
  • Heat Type: Baseboard
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Info: Coin Op Laundry
  • Laundry Room Location: Coin op & brings in additional $1,200
  • Rooms Total: 15
Property
Property and Assessments
  • Construction Description: Frame
  • Driveway Type: Gravel
  • Elevation Certificate: No
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1945
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Est Heated Below Grade: 0
  • Living Area SQFT Per Public Records: 3712
Lot Information
  • Lot Description: Sloping Lot
  • Parcel Number: 301845
  • Sq Ft Est Heated Above Grade: 3712.0
  • Sq Ft Total: 3712.0
  • Zoning: R-3
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: 100 Gallon Tank
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 13783
  • Gross Annual Income: 56400
  • Net Operating Income: $42,616
  • Occupied By: Tenant
  • Total Number of Units: 4
  • Total Rooms Multi Family: 15
Building Details
  • Unit Count: 4
Unit 1
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-11-2021
  • Unit Monthly Rent: $1,050
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 03-01-2022
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-11-2021
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 2
  • Unit Full Baths: 2
  • Unit Half Baths: 0
  • Unit Modified Date: 03-11-2021
  • Unit Monthly Rent: $950
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-11-2021
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 106 River Road

DateEvent & SourcePriceAppreciation
May 19, 2021

Closed (Public Record)

Public Record #1482465317

$475,000
May 19, 2021

Closed (Public Record)

Public Record #1461317604

$475,000

+7.6% / yr

Nov 14, 2018

Closed (Public Record)

Public Record #634824631

$395,000
DateEvent & SourcePrice
05/19/2021

Closed (Public Record)

Public Record #1482465317

$475,000
05/19/2021

Closed (Public Record)

Public Record #1461317604

$475,000

+7.6% / yr

11/14/2018

Closed (Public Record)

Public Record #634824631

$395,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 106 River Road

Taxable ValueLand$137,550Additions$204,680Total$342,230
Tax Record2025$6,441 ($537 / month)
Home Facts
Total Finished SqFt3,712 SqFtAbove Grade Finished SqFt3,712 SqFtUnfinished Basement SqFt1,992 SqFtStories1Lot Size57,064 SqFtYear Built1958Year Renovated1989ZoningR-3CountyNAUGATUCK VALLEYAPNSHLT M:94 L:99

Schools near 106 River Road

This home is within Shelton School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Sunnyside School
PublicPK to 4

Perry Hill Elementary School
Public5 to 6

Intermediate School
Public7 to 8

Shelton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 106 River Road, Shelton, CT 06484
$475,000
7
3,712
57,063
$325,000
3
3
1,287
12,632
$168,888
3
1,654
17,859
$50,000
3
1
1,560
7,405
3
2
1,176
24,394
$120,000
3,322

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Preston Gray Real Estate, Marissa Papa

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.