454 Norwich-Westerly Road

North Stonington, CT 06359

$599,000
Price
8
Beds
4
Baths
2,998 Sq. Ft.
$200 / Sq. Ft.
2,998
Sq. Ft.
$200
per Sq. Ft.

Description

Unique opportunity! Airbnb potential! 4 single family houses on one record, 5 minutes from Foxwoods. One of the houses is a tear down. Two of the homes are in a good shape, 2BR and 1BA each, one rented at $1250. and one at $1300., excellent tenants. Last home is an Airbnb, 3BR, 1BA, excellent condition, fully furnished and operating. The Airbnb unit sleeps 6. $359/weekend night, $129/weeknight as compared to Foxwoods hotel which is $600+ on weekend nights, approx. $42,603/year gross. Conveys fully...Unique opportunity! Airbnb potential! 4 single family houses on one record, 5 minutes from Foxwoods. One of the houses is a tear down. Two of the homes are in a good shape, 2BR and 1BA each, one rented at $1250. and one at $1300., excellent tenants. Last home is an Airbnb, 3BR, 1BA, excellent condition, fully furnished and operating. The Airbnb unit sleeps 6. $359/weekend night, $129/weeknight as compared to Foxwoods hotel which is $600+ on weekend nights, approx. $42,603/year gross. Conveys fully furnished with future bookings. Value of the furnishings is about $22,000 new, materials and labor. Total gross income: House 1 - $0., House 2 - $1250/mo. = $15000/yr., House 3 - $1300/mo. = $15,600/yr., House 4 - $3550/mo. = $42,603/yr. Airbnb proforma $6100.25/mo.= $73,203/yr. Well and septic. Owner paid propane heat, electricity, and Wi-Fi at the Airbnb unit, 300-$350/mo. $3,600-$4,200/year. Insurance - $5302.08/year. Taxes - $5444.62/year. All other houses tenant paid utilities. No deferred maintenance or problems in the 3 houses. Owner looking for offers!
  1. Listed by Michelle Lorenzetti • Premier R.E. Investment Group
    P: (860) 335-0681 C: (860) 335-0681 michellelorenzetti@sbcglobal.net

Property Details for 454 Norwich-Westerly Road

Basement Description
Full, Unfinished, Storage, Interior Access, Full With Hatchway
Direct Waterfront
No
Garages Number
1
Neighborhood
N/A
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
Detached Garage
Swimming Pool
No

Location

Listing Courtesy of Premier R.E. Investment Group, Michelle Lorenzetti
Add your commute
LISTING UPDATED: 04/05/2024 08:11 PM

Property Details for 454 Norwich-Westerly Road

StatusActive
MLS #24008541
Days on Market26
Taxes$5,445 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 4 Family
Year Built1947
Lot Size3.83 AC / 166,834 SF
CountyNew London County

Location

Listing Courtesy of Premier R.E. Investment Group, Michelle Lorenzetti
Add your commute

Building Information for 454 Norwich-Westerly Road

Stories-Residences4Year Built1947Building Size-Lot Size3.83 AC / 166,834 SF

Payment Calculator

$3,723 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$454

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 454 Norwich-Westerly Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS FRIENDLY | Rt. 2 to 454 North Westerly Road, North Stonington
  • Elementary School: North Stonington
  • High School: Wheeler
  • Intermediate School: Per Board of Ed
  • Latitude: 41.454388
  • Longitude: -71.905553
  • Middle Jr High School: Wheeler
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $5,445
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Gutters, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Walk-up
  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 12
Property
Property and Assessments
  • Color: Tan
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1947
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1535916
  • Sq Ft Est Heated Above Grade: 2998.0
  • Sq Ft Total: 2998.0
  • Zoning: R80
Utilities
  • Heat Fuel Type: Oil, Propane
  • Hot Water Description: Oil, Propane, Domestic
  • Radon Mitigation Air: Unknown
  • Radon Mitigation Water: Unknown
  • Sewage System: Septic
  • Water Source: Shared Well
Multi Family
Income and Expenses
  • Total Number of Units: 4
Unit 1
  • Listing Key: 155EE943A5F1A143E0631401100AB78A
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 750
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 04-05-2024
  • Unit Monthly Rent: $3,550
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 3
Unit 2
  • Listing Key: 155EE943A5F1A143E0631401100AB78A
  • Unit Average Sq Ft: 749
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 04-05-2024
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
Unit 3
  • Listing Key: 155EE943A5F1A143E0631401100AB78A
  • Unit Appliances: Refrigerator
  • Unit Average Sq Ft: 749
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 04-05-2024
  • Unit Monthly Rent: $1,250
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 4
  • Listing Key: 155EE943A5F1A143E0631401100AB78A
  • Unit Appliances: Refrigerator
  • Unit Average Sq Ft: 750
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-05-2024
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant

Public Records for 454 Norwich-Westerly Road

Taxable ValueLand$68,110Additions$119,700Total$187,810
Tax Record2023$5,445 ($454 / month)
Home Facts
Lot Size166,835 SqFtStyleMulti-Family Dwelling (2-4)ZoningR80CountyNEW LONDONAPNNSTO M:94 L:6427

Schools near 454 Norwich-Westerly Road

This home is within North Stonington School Distr.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
North Stonington Elementary School
PublicPK to 6

Wheeler High School
Public7 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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454 Norwich-Westerly Road is a multi-family home for sale in North Stonington, CT 06359. This property was listed for sale on April 5, 2024 by Premier R.E. Investment Group, it's currently listed at $599,000. This listing's school district is North Stonington School Distr. Nearby schools include North Stonington Elementary School and Wheeler High School. 454 Norwich-Westerly Road is a 8-bed, 4-bath, 2,998 sqft multi-family home built in 1947.

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 Premier R.E. Investment Group, Michelle Lorenzetti

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.