3,368 Sq. Ft.
$90 / Sq. Ft.
3,368
Sq. Ft.
$90
per Sq. Ft.

Description

Come and see this wonderful cash flowing multi family with long term, paying tenants in place! Numerous updates have been done in the past several years, leaving you with a very well maintened property, with strong long term investment potential! This is perfect for the beginning or seasoned investor, and will be sure to appreciate in the coming years!Come and see this wonderful cash flowing multi family with long term, paying tenants in place! Numerous updates have been done in the past several years, leaving you with a very well maintened property, with strong long term investment potential! This is perfect for the beginning or seasoned investor, and will be sure to appreciate in the coming years!
  1. Listed by Joseph Malerba • eXp Realty
    P: (860)-912-7315 C: (860)-912-7315 jmmalerba@gmail.com

Property Details for 28 Oak Street

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Garage Parking Info
Driveway
Swimming Pool
No
LISTING UPDATED: 08/03/2023 02:14 PM

Property Details for 28 Oak Street

StatusClosed
MLS #170555663
Days on Market100
Taxes$6,717 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1860
Lot Size0.17 AC / 7,405 SF
CountyNew London County

Location

Listing Courtesy of eXp Realty, Joseph Malerba

Sold By eXp Realty, Joseph Malerba

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Building Information for 28 Oak Street

Stories-Residences5Year Built1860Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,067 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,507

Property Taxes

$560

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 28 Oak Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: per gps
  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy
  • Intermediate School: Per Board of Ed
  • Latitude: 41.527725
  • Longitude: -72.071789
  • Middle Jr High School: Per Board of Ed
  • State: Connecticut
HOA and Fees
  • Property Tax: $6,717
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Baseboard, Radiator
  • Attic YN: No
  • Rooms Total: 16
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Fuel Tank Location: In Basement
  • Gross SQFT Per Public Records: 5254
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1860
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3368
Lot Information
  • Lot Description: City Views, Corner Lot
  • Parcel Number: 2029365
  • Sq Ft Est Heated Above Grade: 3368.0
  • Sq Ft Total: 3368.0
  • Zoning: MF
Utilities
  • Heat Fuel Type: Bottle Gas, Electric
  • Hot Water Description: Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 24495
  • Gross Annual Income: 68400
  • Net Operating Income: $43,905
  • Total Number of Units: 5
  • Total Rooms Multi Family: 16
Building Details
  • Unit Count: 5
Unit 1
  • Lease: Leased
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 03-23-2023
  • Unit Monthly Rent: $650
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 03-23-2023
  • Unit Monthly Rent: $1,025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 3
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 03-23-2023
  • Unit Monthly Rent: $1,025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Leased
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 03-23-2023
  • Unit Monthly Rent: $1,050
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 5
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 03-23-2023
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Tenant

Property History for 28 Oak Street

DateEvent & SourcePriceAppreciation
Jul 25, 2023

Closed (Public Record)

Public Record #1516063276

$302,500

+4.2% / yr

Dec 22, 1993

Closed (Public Record)

Public Record #92669309

$90,000
DateEvent & SourcePrice
07/25/2023

Closed (Public Record)

Public Record #1516063276

$302,500

+4.2% / yr

12/22/1993

Closed (Public Record)

Public Record #92669309

$90,000

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

Public Records for 28 Oak Street

Taxable ValueLand$20,700Additions$117,400Total$138,100
Tax Record2021$6,717 ($560 / month)
Home Facts
Total Finished SqFt3,368 SqFtAbove Grade Finished SqFt3,368 SqFtUnfinished Basement SqFt1,560 SqFtStories2Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)Year Built1860ZoningMFCountyNEW LONDONAPNNORW M:102 B:4 L:9

Schools near 28 Oak Street

This home is within Norwich School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - K to 5
Public - K to 5
Rating
School
Distance
Veterans' Memorial School
PublicPK to 5

Kelly Middle School
Public6 to 8

Aba Autism Program
PublicK to 5

Special Needs Program
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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Listing Courtesy of eXp Realty, Joseph Malerba

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.