240 Lebanon Avenue
240 Lebanon Avenue
$325,000
5
4
2,970
2,970
$109
Closed 2/21/23
Description
Property was off market to install 3 new heating units and refresh newly vacated apartment. Rents are increased as well! 2 tenants are on month to month and one tenant is on lease, and all are payers. You get to walk in and start collecting rent in a great location. Separate metered propane heat and hot water and separate electric. Owner pays the sewer and water bill. Rents are modest and have room for increases or the savvy investor may want to just keep the rents coming in. Not much to do on this...Property was off market to install 3 new heating units and refresh newly vacated apartment. Rents are increased as well! 2 tenants are on month to month and one tenant is on lease, and all are payers. You get to walk in and start collecting rent in a great location. Separate metered propane heat and hot water and separate electric. Owner pays the sewer and water bill. Rents are modest and have room for increases or the savvy investor may want to just keep the rents coming in. Not much to do on this one. Colchester is an awesome rental market so you can keep full all the time. Vacant unit in process and paint and some new flooring and will be filled when completed. There is no owner financing available. Great tenants and recent improvements.
Property Details for 240 Lebanon Avenue
Basement Description
Full With Hatchway, Shared Basement, Unfinished, Concrete Floor, Hatchway Access
Direct WaterfrontNo
Garages Number0
NeighborhoodN/A
StyleUnits on different Floors
Garage Parking InfoUnassigned Parking, Parking Lot
Swimming PoolNo
Location
LISTING UPDATED: 02/21/2023 10:19 PM
Property Details for 240 Lebanon Avenue
Status | Closed |
---|---|
MLS # | 170545134 |
Days on Market | 5 |
Taxes | $5,830 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 4 Family |
Year Built | 1880 |
Lot Size | 0.23 AC / 10,018 SF |
County | New London County |
Location
Building Information for 240 Lebanon Avenue
Stories-Residences4Year Built1880Building Size-Lot Size0.23 AC / 10,018 SF
Payment Calculator
$2,259 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 240 Lebanon Avenue
Property History for 240 Lebanon Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 240 Lebanon Avenue
Taxable ValueLand$27,300Additions$188,000Total$215,300
Tax Record2023$5,860 ($488 / month)
Home Facts
Baths4Total Finished SqFt2,970 SqFtAbove Grade Finished SqFt2,970 SqFtStories3Lot Size10,019 SqFtStyleMulti-Family Res (5+ Units)Year Built1880CountyNEW LONDONAPNCOLC M:027 B:000 L:039-000
Schools near 240 Lebanon Avenue
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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