Beds
Baths
8,820 Sq. Ft.
$36 / Sq. Ft.
8,820
Sq. Ft.
$36
per Sq. Ft.

Description

8 unit apartment building on 1.88 ac near Flanders Four Corners and I-95. 2 story. 8,820sf incl unfinished basement. Electric heat. Zone CA. Off-street parking. Great investment opportunity.8 unit apartment building on 1.88 ac near Flanders Four Corners and I-95. 2 story. 8,820sf incl unfinished basement. Electric heat. Zone CA. Off-street parking. Great investment opportunity.
  1. Listed by John Jensen • Pequot Commercial
    P: (860)-460-0255 C: (860)-460-0255 jjensen@pequotcommercial.com

Property Details for 5 Mill Road

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
4updown - Unit(s) per Floor
Garage Parking Info
Off Street Parking, Parking Lot
Swimming Pool
No
LISTING CLOSED: 09/16/2015 12:00 AM

Property Details for 5 Mill Road

StatusClosed
MLS #E10056285
Days on Market6
Taxes$7,358 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1973
Lot Size1.88 AC / 82,075 SF
CountyNew London County

Location

Listing Courtesy of Pequot Commercial, John Jensen

Sold By Pequot Commercial, John Jensen

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Building Information for 5 Mill Road

Stories2Residences8Year Built1973Building Size-Lot Size1.88 AC / 82,075 SF

Payment Calculator

$2,214 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,601

Property Taxes

$613

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Mill Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: I-95 South Exit 75. Merge on Route 1 South. About 1/2 mile take right on Mill Rd. On right. I-95 North Exit 74. Turn left on Route 161. At Flanders Four Corners, turn left on Route 1 South. About 1/2 mile take right on Mill Rd. On right.
  • Elementary School: Flanders
  • High School: East Lyme
  • Intermediate School: East Lyme
  • Latitude: 41.36888
  • Longitude: -72.223917
  • State: Connecticut
Parking
  • Parking Total Spaces: 10
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2014-June 2015
  • Property Tax: $7,358
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
Interior Features
  • Cooling System: None
  • Heat Type: Baseboard
  • Attic YN: No
  • Entry Description: Semi Private Entry
  • Laundry Room Info: None
Property
Property and Assessments
  • Exterior Siding: Brick, Vinyl Siding
  • Fuel Tank Location: Non Applicable
  • Sq Ft Source: Public Records
  • Year Built: 1973
  • Bank Owned Property: No
Lot Information
  • Lot Description: Corner Lot
  • Parcel Number: 1470565
  • Sq Ft Total: 8820.0
Utilities
  • Heat Fuel Type: Electric, Other
  • Hot Water Description: Electric
  • Radon Mitigation Air: Unknown
  • Radon Mitigation Water: Unknown
  • Sewage System: Septic
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Total Number of Units: 8
Building Details
  • Unit Count: 0
  • Number of Stories: 2

Property History for 5 Mill Road

DateEvent & SourcePriceAppreciation
Sep 16, 2015

Closed (Public Record)

Public Record #557174504

$315,000

+13.1% / yr

Nov 15, 2000

Closed (Public Record)

Public Record #92596453

$51,000
Oct 27, 2000

Closed (Public Record)

Public Record #92596413

$71,000

+8.8% / yr

DateEvent & SourcePrice
09/16/2015

Closed (Public Record)

Public Record #557174504

$315,000

+13.1% / yr

11/15/2000

Closed (Public Record)

Public Record #92596453

$51,000
10/27/2000

Closed (Public Record)

Public Record #92596413

$71,000

+8.8% / yr

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

Public Records for 5 Mill Road

Taxable ValueLand$103,250Additions$307,440Total$410,690
Tax Record2025$11,503 ($959 / month)
Home Facts
Baths8Total Finished SqFt5,460 SqFtAbove Grade Finished SqFt5,460 SqFtUnfinished Basement SqFt2,800 SqFtStories2Lot Size82,048 SqFtStyleMulti-Family Res (5+ Units)Year Built1973Year Renovated1973ZoningCACountySOUTHEASTERN CONNECTICUTAPNELYM M:030.2 B:00059 L:00000

Schools near 5 Mill Road

This home is within East Lyme School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Public - K to 4
Rating
School
Distance
East Lyme Middle School
Public5 to 8

East Lyme High School
Public9 to 12

Flanders School
PublicK to 4

Lillie B. Haynes School
PublicK to 4

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 Pequot Commercial, John Jensen

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.