207 South Main Street

Colchester, CT 06415

$454,500
Last Sold Price
6
Beds
4
Baths
2,888 Sq. Ft.
$157 / Sq. Ft.
2,888
Sq. Ft.
$157
per Sq. Ft.

Description

$57420 income! Great investment or owner occ w/great income. Op expenses only $5491. Beautifully restored Colonial within walking distance of town center, green, local eateries, coffee shops and shopping. Beautifully restored Colonial within walking distance of town center, green, local eateries, coffee shops and shopping - 1st fl Use it as up to 4 bedrm w/2 kitchens & 2 baths or for someone wanting an au-pair, inlaw or other layout; Use your imagination, it has 2 fully applianced eat-in kitchens...$57420 income! Great investment or owner occ w/great income. Op expenses only $5491. Beautifully restored Colonial within walking distance of town center, green, local eateries, coffee shops and shopping. Beautifully restored Colonial within walking distance of town center, green, local eateries, coffee shops and shopping - 1st fl Use it as up to 4 bedrm w/2 kitchens & 2 baths or for someone wanting an au-pair, inlaw or other layout; Use your imagination, it has 2 fully applianced eat-in kitchens w/granite counters, 2 tiled baths, office/study, 2 separate patios (1 w/pavers & pergola), 2 separate electric meters for 1st fl, 2 separate entry. 1st fl rent $2890. - The 2nd/3rd floor is a Townhouse style apartment. Rent is $1895/month+ util. It has a master bedrm, full bath on 2nd fl plus 2 bedrms ea w/its own closet & ea w/150 SF+ storage. A full bath serves these 2 bedrms. 2nd fl features an open floor plan eat-in kitchen w/granite counters, under-cabinet lighting, a food pantry & laundry closet w/washer/dryer. Living room is open to kitchen. Convenient propane forced warm air furnace - Adt'l features: New New New Roof, Siding, Doors, Windows, Insulation, Flooring, Plumbing, Electric, 3 Meters, Ceiling fans, Recessed, Pendent & Under Cab Lighting. Prof landscape, 2 Patios 1 w/pavers & Pergola, Bird Feeders & bird-baths. doors. Barn-wood wainscoting, Vintage style plank flooring. - Nothing like this anywhere! Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities and cold water, sewer and trash collection.
  1. Listed by Joseph Raffone • Raffone Realty
    P: (203) 988-7186 C: (203) 988-7186 Raffonerealty@gmail.com

Property Details for 207 South Main Street

Basement Description
Full With Hatchway
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
Driveway, Paved, Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of Raffone Realty, Joseph Raffone

Sold By KW Legacy Partners, Sean Wilding

Add your commute
LISTING UPDATED: 04/18/2024 06:25 PM

Property Details for 207 South Main Street

StatusClosed
MLS #170580083
Days on Market258
Taxes$3,754 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1824
Lot Size0.19 AC / 8,276 SF
CountyNew London County

Location

Listing Courtesy of Raffone Realty, Joseph Raffone

Sold By KW Legacy Partners, Sean Wilding

Add your commute

Building Information for 207 South Main Street

Stories-Residences2Year Built1824Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$2,793 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,480

Property Taxes

$313

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 207 South Main Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: South Main, next to Liberty Bank. Park in driveway to avoid parking in reserved Tenant spaces located in front of this building.
  • Elementary School: Colchester
  • Flood Zone: No
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • Latitude: 41.570654
  • Longitude: -72.330119
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Commuter Bus, Golf Course, Lake, Medical Facilities, Park, Private School(s), Public Rec Facilities, Public Transportation
  • State: Connecticut
Parking
  • Parking Total Spaces: 6
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2020-June 2021
  • Property Tax: $3,754
Interior and Exterior Features
Exterior Features
  • Exterior Features: Garden Area, Gutters, Lighting, Patio, Porch-Enclosed, Porch-Heated, Shed, Sidewalk, Stone Wall
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Walk-up, Finished, Heated
  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Thermostat(s)
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer All Units
  • Laundry Room Location: 3 WasherS/Dryers
  • Rooms Total: 12
Property
Property and Assessments
  • Color: Lt Green
  • Construction Description: Frame
  • Driveway Type: Private, Paved
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Fuel Tank Location: Above Ground
  • Handicap Features: Exterior Curb Cuts, Multiple Entries/Exits
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1824
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: Attic is not reported as finished in public info but is included in this listing
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 999999999
  • Sq Ft Est Heated Above Grade: 2888.0
  • Sq Ft Total: 2888.0
  • Zoning: R30A
Utilities
  • Energy Features: Energy Star Rated, Extra Insulation, Programmable Thermostat, Ridge Vents, Thermopane Windows
  • Heat Fuel Type: Electric, Propane
  • Hot Water Description: 30 Gallon Tank, Electric
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Sewer Assess Description: TENANTS REIMBURSE LANDLORD FOR WATER AND SEWER AND TENANTS PAY FOR TRASH PICKUP.
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 5491
  • Gross Annual Income: 57450
  • Net Operating Income: $51,959
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 12
Building Details
  • Unit Count: 2
Unit 1
  • Lease: Leased
  • Lease Expires: 09-30-2024
  • Listing Key: FF095979C4E23121E0531401100ACFF0
  • Unit Appliances: Electric Range,Oven/Range,Microwave,Range Hood,Refrigerator,Icemaker,Dishwasher,Disposal,Washer,Electric Dryer
  • Unit Entry Order: 2
  • Unit Full Baths: 2
  • Unit Half Baths: 0
  • Unit Modified Date: 04-18-2024
  • Unit Monthly Rent: $1,875
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 12-31-2024
  • Listing Key: FF095979C4E23121E0531401100ACFF0
  • Unit Appliances: Electric Range,Oven/Range,Microwave,Range Hood,Refrigerator,Icemaker,Dishwasher,Disposal,Washer,Electric Dryer
  • Unit Entry Order: 1
  • Unit Full Baths: 2
  • Unit Half Baths: 0
  • Unit Modified Date: 04-18-2024
  • Unit Monthly Rent: $1,890
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 7
  • Unit Occupied By: Tenant

Property History for 207 South Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 207 South Main Street

Taxable ValueLand$26,500Additions$87,100Total$113,600
Tax Record2023$3,092 ($258 / month)
Home Facts
Baths2Total Finished SqFt2,064 SqFtAbove Grade Finished SqFt2,064 SqFtStories2Lot Size8,276 SqFtStyleDuplexYear Built1824CountyNEW LONDONAPNCOLC M:017 B:000 L:017-000

Schools near 207 South Main Street

This home is within Colchester School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Colchester Elementary School
PublicPK to 2

Jack Jackter Intermediate School
Public3 to 5

William J. Johnston Middle School
Public6 to 8

Bacon Academy
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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Raffone Realty, Joseph Raffone

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.