273 Baldwin Hill Rd

Baths
4,784 Sq. Ft.
$143 / Sq. Ft.
4,784
Sq. Ft.
$143
per Sq. Ft.

Description

Investors take notice! Rare opportunity: 7 unit apartment building consisting of 6 two bedroom units and 1 three bedroom unit, less than 1 mile from the Town Beach on Lake Waramaug with Beach rights for the tenants. Great cash flow for an investor or first-time buyer. All apartments have been occupied for over three years. Units bring in over $7000/month with additional income generated by Coin Laundry ($400/mo). Annual net income before financing is $63,000.00. Proof of funds and/or Pre-Approval...Investors take notice! Rare opportunity: 7 unit apartment building consisting of 6 two bedroom units and 1 three bedroom unit, less than 1 mile from the Town Beach on Lake Waramaug with Beach rights for the tenants. Great cash flow for an investor or first-time buyer. All apartments have been occupied for over three years. Units bring in over $7000/month with additional income generated by Coin Laundry ($400/mo). Annual net income before financing is $63,000.00. Proof of funds and/or Pre-Approval required prior to showing. This will not last.
  1. Listed by Frank Durante • William Raveis Real Estate
    P: (203)-241-5821 C: (203)-241-5821 frank.durante@raveis.com

Property Details for 273 Baldwin Hill Road

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
New Preston
Style
Units on different Floors
Garage Parking Info
Off Street Parking, Parking Lot
Swimming Pool
No
LISTING UPDATED: 12/01/2021 11:17 PM

Property Details for 273 Baldwin Hill Road

StatusClosed
MLS #170430131
Days on Market81
Taxes$4,691 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1800
Lot Size1.18 AC / 51,400 SF
CountyLitchfield County

Location

Listing Courtesy of William Raveis Real Estate, Frank Durante

Sold By William Pitt Sotheby's Int'l, Matt McElhone; William Pitt Sotheby's Int'l, Irit R Granger

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Building Information for 273 Baldwin Hill Road

Stories-Residences7Year Built1800Building Size-Lot Size1.18 AC / 51,400 SF

Payment Calculator

$3,840 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,449

Property Taxes

$391

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 273 Baldwin Hill Road

Summary
Property and Location
  • Acres Source: Public Records
  • Association Amenities: None
  • Directions: Per GPS
  • Elementary School: Washington
  • High School: Regional District 12
  • Latitude: 41.675312
  • Longitude: -73.35312
  • Middle Jr High School: Regional District 12
  • Neighborhood Amenities: Golf Course, Lake, Park, Private School(s)
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2021-June 2022
  • Property Tax: $4,691
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Lake, Access, Water Community, Beach Rights
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Laundry Room Info: Coin Op Laundry
  • Laundry Room Location: $400 income monthly in coin laundry
  • Rooms Total: 0
Property
Property and Assessments
  • Color: white
  • Construction Description: Frame
  • Driveway Type: Shared
  • Exterior Siding: Wood
  • Foundation Type: Brick, Concrete
  • Fuel Tank Location: In Ground
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1800
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 4784
Lot Information
  • Lot Description: N/A
  • Parcel Number: 2140846
  • Sq Ft Est Heated Above Grade: 4784.0
  • Sq Ft Total: 4784.0
  • Zoning: R-1
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Domestic
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Septic
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Gross Annual Expense: 26177
  • Gross Annual Income: 89400
  • Net Operating Income: $63,223
  • Occupied By: Tenant
  • Total Number of Units: 7
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 6
Unit 1
  • Lease: Monthly
  • Unit Entry Order: 3
  • Unit Modified Date: 08-17-2021
  • Unit Monthly Rent: $975
  • Unit Num Bedrms: 2
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Unit Entry Order: 4
  • Unit Modified Date: 08-17-2021
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 3
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Unit Entry Order: 5
  • Unit Modified Date: 08-17-2021
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 2
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Unit Entry Order: 6
  • Unit Modified Date: 08-17-2021
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 2
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Monthly
  • Unit Entry Order: 2
  • Unit Modified Date: 08-17-2021
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 2
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Monthly
  • Unit Entry Order: 1
  • Unit Modified Date: 08-17-2021
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 2
  • Unit Occupied By: Tenant

Property History for 273 Baldwin Hill Road

DateEvent & SourcePriceAppreciation
Oct 26, 2021

Closed (Public Record)

Public Record #1478379160

$685,000
DateEvent & SourcePrice
10/26/2021

Closed (Public Record)

Public Record #1478379160

$685,000

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

Public Records for 273 Baldwin Hill Road

Taxable ValueLand$121,450Additions$417,480Total$538,930
Tax Record2024$5,847 ($487 / month)
Home Facts
Total Finished SqFt4,784 SqFtAbove Grade Finished SqFt4,784 SqFtUnfinished Basement SqFt1,745 SqFtStories2Lot Size51,401 SqFtStyleMulti-Family Res (5+ Units)Year Built1984Year Renovated1991ZoningR-1CountyLITCHFIELDAPNWGTN M:0011 B:0003 L:60Fireplace TypeHas Fireplace

Schools near 273 Baldwin Hill Road

This home is within Regional School District 12.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - K to 5
Rating
School
Distance
Booth Free School
PublicK to 5

Shepaug Valley School
Public6 to 12

The Burnham School
PublicK 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 William Raveis Real Estate, Frank Durante

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.