Sold
Last Sold Price
4 beds2,000 sqft
8 Sheep Hill Rd, Greenwich, CT 06878
Multi FamilyProperty Type
0.21 acresLot Size
1925Year Built
$650/sq ftPrice per sq ft
6 carsParking Spaces

Description

HIGHEST AND BEST BY 4/23/24 AT 5 pm. Welcome to a truly rare find - a unique 2-family home offering 4 separate incomes! This exceptional property presents a lucrative investment or owner occupant opportunity in a prime location, boasting not only two well-maintained residential units but also an additional building currently housing a successful restaurant, along with a detached 2-car garage that is already rented out for $400/mo. Each 2 bed 1 bath residential unit within the main house is currently...HIGHEST AND BEST BY 4/23/24 AT 5 pm. Welcome to a truly rare find - a unique 2-family home offering 4 separate incomes! This exceptional property presents a lucrative investment or owner occupant opportunity in a prime location, boasting not only two well-maintained residential units but also an additional building currently housing a successful restaurant, along with a detached 2-car garage that is already rented out for $400/mo. Each 2 bed 1 bath residential unit within the main house is currently occupied by excellent tenants and has been impeccably maintained, ensuring a steady stream of rental income. The additional building, currently home to a successful restaurant, adds an exciting dimension to this investment, providing a diverse income stream to the astute buyer. This property also offers ample room for increasing rental income, making it an enticing prospect for those seeking to maximize their return on investment. Conveniently set in a prime location, you'll have easy access to essential amenities, schools, shopping, and more. Additionally, there may be a possibility to build another structure in place of the restaurant and garage. Buyer to do their own due diligence with zoning. Whether you are an experienced investor, developer, or owner-occupant looking to offset monthly payments with rental income, this property presents an exceptional opportunity to achieve your financial goals.
  • Listed by: Jacob Bivona 203.705.8180 jbivona.re@gmail.com • Compass Connecticut, LLC
Listing closed: 06/28/2024 12:00 AM • Source: SMARTMLS, MLS#: 24009699

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Location

Listing Courtesy of Compass Connecticut, LLC, Jacob Bivona

Sold By Compass Connecticut, LLC, Jacob Bivona

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$7,688 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,940

Property Taxes

$748

HOA Dues

$0

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Property Information for 8 Sheep Hill Road

Property Details
  • Taxes: $8,977 / year
  • MLS Type: Multi-Family / 2 Family
  • Basement Description: Full, Unfinished
  • Direct Waterfront: No
  • Garages Number: 2
  • Neighborhood: Riverside
  • Style: Units on different Floors
  • Garage Parking Info: Detached Garage, On Street Parking, Off Street Parking, Driveway
  • Swimming Pool: No
Building Information
  • Residences: 3
  • Year Built: 1925
  • Lot Size: 0.21 AC / 9,147 SF
Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS
  • Elementary School: Per Board of Ed
  • High School: Greenwich
  • Latitude: 41.0418
  • Longitude: -73.583351
  • State: Connecticut
Parking
  • Parking Total Spaces: 6
HOA and Fees
  • Tax Year: July 2023-June 2024
  • Property Tax: $8,977
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Gutters, Garden Area, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Info: All Units Have Hook-Ups
  • Rooms Total: 12
Property
Property and Assessments
  • Construction Description: Frame
  • Driveway Type: Paved
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1925
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: Home is 2000 sq ft not 700 sqft as stated per public record
  • Living Area SQFT Per Public Records: 700
Lot Information
  • Lot Description: Corner Lot
  • Parcel Number: 1854425
  • Sq Ft Est Heated Above Grade: 2000.0
  • Sq Ft Total: 2000.0
  • Zoning: R-7
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 12
Unit 1
  • Lease: Monthly
  • Unit Entry Order: 3
  • Unit Half Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $1,700
  • Unit Num Bedrms: 0
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 09-30-2024
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $2,300
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $2,100
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant

Property History for 8 Sheep Hill Road

DateEvent & SourcePriceAppreciation
Jun 26, 2024

Closed (Public Record)

Public Record #1535499522

$1,300,000—
Jun 26, 2024

Closed (Public Record)

Public Record #1535499522

$1,300,000—
DateEvent & SourcePrice
06/26/2024

Closed (Public Record)

Public Record #1535499522

$1,300,000
06/26/2024

Closed (Public Record)

Public Record #1535499522

$1,300,000

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

Public Records for 8 Sheep Hill Road

Taxable ValueLand$458,290Additions$313,180Total$771,470
Tax Record2025$9,535 ($795 / month)
Home Facts
Baths2.5Total Finished SqFt700 SqFtAbove Grade Finished SqFt700 SqFtUnfinished Basement SqFt928 SqFtStories2Lot Size9,148 SqFtStyleOffice BuildingYear Built1925Year Renovated1925ZoningR-7CountyWESTERN CONNECTICUTAPNGREE M:12 B:2002/S

Schools near 8 Sheep Hill Road

This home is within Greenwich School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Cos Cob School
PublicPK to 5

Central Middle School
Public6 to 8

Greenwich 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. 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 Compass Connecticut, LLC, Jacob Bivona

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.