1097 Thompson Rd

Beds
Baths
3,819 Sq. Ft.
$63 / Sq. Ft.
3,819
Sq. Ft.
$63
per Sq. Ft.

Description

Great potential with this cash-flowing investment property on a large corner lot. So many possibilities here with current layout. Plenty of room inside and out. 4 rentable units with value add potential. Restaurant is currently vacant and has ample room for your business idea or tenant. Start a business and have the other units help pay your overhead while you grow. There are some fixtures staying (sink, pre stations and some equipment is negotiable. Doesn't need any work. Both residential units...Great potential with this cash-flowing investment property on a large corner lot. So many possibilities here with current layout. Plenty of room inside and out. 4 rentable units with value add potential. Restaurant is currently vacant and has ample room for your business idea or tenant. Start a business and have the other units help pay your overhead while you grow. There are some fixtures staying (sink, pre stations and some equipment is negotiable. Doesn't need any work. Both residential units are 2 bedroom 1 bath and are currently occupied. 1 residential unit could use some rehab. The large approx. 800 sq ft 2 car detached garage with overhead doors is currently rented by a property manager that could help you manage this property. Large basement has laundry and storage. New roof on most of the units (2021). New windows in unit B.
  1. Listed by Jerome M Zolobkowski • ROVI Homes
    P: (413)-588-8588 C: (413)-588-8588 jzolobkowski@rovihomes.com

Property Details for 1097 Thompson Road

Location
Rural
Neighborhood
N/A
Garage Parking Info
Detached Garage
LISTING CLOSED: 04/05/2023 12:00 AM

Property Details for 1097 Thompson Road

StatusClosed
MLS #170519261
Days on Market203
Taxes$4,256 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeNon-Residential
MLS Type-
Year Built1944
Lot Size0.72 AC / 31,363 SF
CountyWindham County

Location

Listing Courtesy of ROVI Homes, Jerome M Zolobkowski

Sold By eXp Realty, Matthew Huberdault

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Building Information for 1097 Thompson Road

Stories1Residences3Year Built1944Lot Size0.72 AC / 31,363 SF

Payment Calculator

$1,587 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,233

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1097 Thompson Road

Summary
Property and Location
  • Directions: Thompson Rd is Rt. 193. Corner of Thompson and Porter Plain Rd.
  • Flood Zone: No
  • Latitude: 42.003376
  • Longitude: -71.844944
  • State: Connecticut
Parking
  • Parking Spaces Covered: 2
  • Parking Spaces Uncovered: 16
  • Parking Total Spaces: 18
HOA and Fees
  • Property Tax: $4,256
Interior and Exterior Features
Exterior Features
  • Number of Docks: 0
  • Number of Overhead Doors: 2
Interior Features
  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Hot Water
  • Ceiling Height: 10.0
  • Flooring: Ceramic Tile, Vinyl
  • Interior Features: Public Restrooms
Property
Property and Assessments
  • Construction Description: Frame
  • Elevation Certificate: No
  • Foundation Type: Block, Stone
  • Potential Use: Retail, catering, restaurant
  • Present Use: Restaurant, 2 Residential Unit
  • Road Frontage Description: Paved Road
  • Roof: Asphalt Shingle, Flat
  • Sq Ft Source: Public Records
  • Year Built: 1944
  • Bank Owned Property: No
  • Sq Ft Residential: 1400
  • Sq Ft Retail: 2200
  • Sq Ft Warehouse: 800
Lot Information
  • Documents Available: Legal Description, Plot Plan/Survey
  • Lot Description: Corner Lot, Level Lot
  • Parcel Number: 1721841
  • Sq Ft Total: 3819.0
  • Zoning: R20
Utilities
  • Heat Fuel Type: Electric, Oil
  • Sewage System: Septic
  • Utilities Available: Electric
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Gross Annual Expense: 8500
  • Gross Annual Income: 32400
  • Net Operating Income: $23,900
  • Occupied By: Tenant
  • Total Number of Units: 3
Building Details
  • Unit Count: 3
  • Number of Electric Services: 3
  • Number of Restrooms: 4
  • Number of Stories: 1
  • Number of Tenants: 2
Unit 1
  • Unit Appliances: Gas Cooktop,Gas Range,Oven/Range,Range Hood
  • Unit Average Sq Ft: 2200
  • Unit Entry Order: 2
  • Unit Full Baths: 2
  • Unit Half Baths: 0
  • Unit Modified Date: 09-02-2022
  • Unit Monthly Rent: $900
  • Unit Number Of: 2
  • Unit Num Vacant: 1
  • Unit Type: Retail
Unit 2
  • Unit Appliances: Gas Cooktop,Gas Range,Oven/Range,Range Hood
  • Unit Average Sq Ft: 2200
  • Unit Entry Order: 2
  • Unit Full Baths: 2
  • Unit Half Baths: 0
  • Unit Modified Date: 09-02-2022
  • Unit Monthly Rent: $900
  • Unit Number Of: 2
  • Unit Num Vacant: 1
  • Unit Type: Retail
Unit 3
  • Unit Appliances: Electric Range,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 600
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 09-02-2022
  • Unit Monthly Rent: $650
  • Unit Number Of: 3
  • Unit Num Vacant: 0
  • Unit Type: 2 Bedrooms
Unit 4
  • Unit Appliances: Electric Range,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 600
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 09-02-2022
  • Unit Monthly Rent: $650
  • Unit Number Of: 3
  • Unit Num Vacant: 0
  • Unit Type: 2 Bedrooms
Unit 5
  • Unit Appliances: Electric Range,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 800
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 08-26-2022
  • Unit Monthly Rent: $900
  • Unit Number Of: 1
  • Unit Num Vacant: 0
  • Unit Type: 2 Bedrooms
Unit 6
  • Unit Appliances: Electric Range,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 800
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 08-26-2022
  • Unit Monthly Rent: $900
  • Unit Number Of: 1
  • Unit Num Vacant: 0
  • Unit Type: 2 Bedrooms

Property History for 1097 Thompson Road

DateEvent & SourcePriceAppreciation
Apr 5, 2023

Closed (Public Record)

Public Record #1509512579

$242,500

+12.2% / yr

Jan 29, 2020

Closed (Public Record)

Public Record #662665789

$168,000
Jan 29, 2020

Closed (Public Record)

Public Record #662665789

$168,000

+0.1% / yr

DateEvent & SourcePrice
04/05/2023

Closed (Public Record)

Public Record #1509512579

$242,500

+12.2% / yr

01/29/2020

Closed (Public Record)

Public Record #662665789

$168,000
01/29/2020

Closed (Public Record)

Public Record #662665789

$168,000

+0.1% / yr

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

Public Records for 1097 Thompson Road

Taxable ValueLand$37,900Additions$153,800Total$191,700
Tax Record2024$3,642 ($304 / month)
Home Facts
Baths1Total Finished SqFt3,819 SqFtAbove Grade Finished SqFt3,819 SqFtUnfinished Basement SqFt960 SqFtStories1Lot Size31,363 SqFtStyleRestaurantYear Built1944Year Renovated1944ZoningRRADCountyNORTHEASTERN CONNECTICUTAPNTPSN M:118 B:22 L:7

Schools near 1097 Thompson Road

This home is within Thompson School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Mary R. Fisher Elementary School
PublicPK to 4

Thompson Middle School
Public5 to 8

Tourtellotte Memorial 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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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.

Listing Courtesy of ROVI Homes, Jerome M Zolobkowski

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.