Sold
Last Sold Price
7 beds2,872 sqft
2 Old Mill Rd, Unit A B D E, Clinton, CT 06413
Multi FamilyProperty Type
0.91 acresLot Size
1972Year Built
$126/sq ftPrice per sq ft

Description

Investment Residential Property consists of one 2-family house, one-single family house and mobile home. Pro-forma CAP-rate 10%. Rare Investment Opportunity! Serious Buyers Only! This unique property offers 3 separate buildings on one lot, all income producing. The first is a 1910 gambrel style 2 family with two units - one upper level 1 bedroom 1 bath, and the other a first floor 2 bedroom 1 bath. The second is an adorable cottage at the rear of the property which offers 2 bedrooms and 1 bath. The...Investment Residential Property consists of one 2-family house, one-single family house and mobile home. Pro-forma CAP-rate 10%. Rare Investment Opportunity! Serious Buyers Only! This unique property offers 3 separate buildings on one lot, all income producing. The first is a 1910 gambrel style 2 family with two units - one upper level 1 bedroom 1 bath, and the other a first floor 2 bedroom 1 bath. The second is an adorable cottage at the rear of the property which offers 2 bedrooms and 1 bath. The third is a mobile home offering 2 bedrooms and 1 bath. Financing may be a challenge with mobile home on property (which is approved by town) Field card 2A 2 family and cottage Assessed value $146,200 55/54/69A F019700 Field card 2E. Mobile Home Assessed value. $. 7,400. 55/54/69A F019690 Owner request proof of Funds Or proof finance to schedule showings First showing exterior only -Confirmation from lender they can finance with mobile home on property - Also on MLS Commercial 170333992
  • Listed by: Thomas Simjian 203.506.0388 TSIMJIAN@KW.COM • Keller Williams Coastal
Listing closed: 08/27/2021 12:00 AM • Source: SMARTMLS, MLS#: 170334018

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Recent comparable sales

Median sold price

$595,000

Avg days on market

94

Sale-to-list ratio

95.4%

Clinton, CT

9 comparable properties found

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Location

Listing Courtesy of Keller Williams Coastal, Thomas Simjian

Sold By Century 21 AllPoints Realty, Phoutthasack Phimvongsa

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$1,890 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,871

Property Taxes

$18

HOA Dues

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Property Information for 2 Old Mill Road, Unit A B D E

Property Details
  • Taxes: $221 / year
  • MLS Type: Multi-Family / 4 Family
  • Basement Description: Crawl Space, None
  • Direct Waterfront: No
  • Garages Number: 0
  • Style: Other
  • Garage Parking Info: Driveway, Off Street Parking
  • Swimming Pool: No
Building Information
  • Residences: 4
  • Year Built: 1972
  • Lot Size: 0.91 AC / 39,639 SF
Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Rt 81 to High St to Old Mill
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.285236
  • Longitude: -72.5262
  • State: Connecticut
HOA and Fees
  • Tax Year: July 2021-June 2022
  • Property Tax: $221
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: No
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame
  • Driveway Type: Private, Crushed Stone
  • Exterior Siding: Shingle
  • Foundation Type: Block, Concrete
  • Fuel Tank Location: Above Ground
  • Gross SQFT Per Public Records: 872
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1972
  • Year Built Source: Approximate
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 792
Lot Information
  • Lot Description: Rolling
  • Parcel Number: 944795
  • Sq Ft Est Heated Above Grade: 2872.0
  • Sq Ft Total: 2872.0
  • Zoning: R-20
Utilities
  • Heat Fuel Type: Bottle Gas, Electric, Oil
  • Hot Water Description: 30 Gallon Tank
  • Sewage System: Septic
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 16500
  • Gross Annual Income: 59400
  • Net Operating Income: $42,900
  • Total Number of Units: 4
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 4
Unit 1
  • Unit Average Sq Ft: 580
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 06-03-2021
  • Unit Monthly Rent: $1,350
  • Unit Num Bedrms: 2
  • Unit Occupied By: Tenant
Unit 2
  • Unit Average Sq Ft: 792
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 06-03-2021
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 2
  • Unit Occupied By: Tenant
Unit 3
  • Unit Average Sq Ft: 750
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 06-03-2021
  • Unit Monthly Rent: $1,050
  • Unit Num Bedrms: 1
  • Unit Occupied By: Tenant
Unit 4
  • Unit Average Sq Ft: 750
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 06-03-2021
  • Unit Monthly Rent: $1,350
  • Unit Num Bedrms: 2
  • Unit Occupied By: Tenant

Schools near 2 Old Mill Road, Unit A B D E

This home is within Clinton School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Lewin G. Joel Jr. School
PublicPK to 4

Jared Eliot School
Public5 to 8

The Morgan School
Public9 to 12

Abraham Pierson School
Public4 to 5

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: 2 Old Mill Road, Unit A B D E, Clinton, CT 06413
$362,100
7
2,872
39,639
$85,000
2
1,254
0
$28,700
3
662
0
$32,500
3
1,122
0
$70,500
3
980
0
–
–
2.5
1,456
100

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 Keller Williams Coastal, Thomas Simjian

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.