546 Thames Street
546 Thames Street
$395,000
4
4
3,980
3,980
$99
Description
Three rental units; one studio, one one bedroom, one two bedroom plus store and 21 car EB parking lot. Parking spaces rent for $50.00 per month presently expanding to include 2nd shift customers. Tenants pay their own utilities except for water, sewer and hot water. Some minor painting on exterior and store interior needed. Great location servicing Electric Boat and it's employees. Current proforma income $54,888 new operating income (after expenses) $45,871.00/year $3,822/mth. At a 7.5% interest...Three rental units; one studio, one one bedroom, one two bedroom plus store and 21 car EB parking lot. Parking spaces rent for $50.00 per month presently expanding to include 2nd shift customers. Tenants pay their own utilities except for water, sewer and hot water. Some minor painting on exterior and store interior needed. Great location servicing Electric Boat and it's employees. Current proforma income $54,888 new operating income (after expenses) $45,871.00/year $3,822/mth. At a 7.5% interest rate for 20 years the cost per $1,000 borrowed is $8.21 per month. $3,822 divided by $8.21 equals/supports $465,600 valuation!
- Listed by Daniel Del Grosso • Best BrokersP: (860) 443-2003 C: (860) 443-2003 dandelgrosso@att.net
Property Details for 546 Thames Street
Basement Description
Full With Hatchway, Partially Finished
Direct WaterfrontNo
Garages Number0
NeighborhoodGroton City
StyleUnits on different Floors
Garage Parking InfoPaved, Assigned Parking
Swimming PoolNo
Location
LISTING UPDATED: 03/21/2024 02:57 PM
Property Details for 546 Thames Street
Status | Active |
---|---|
MLS # | 170565010 |
Days on Market | 176 |
Taxes | $2,852 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 3 Family |
Year Built | 1920 |
Lot Size | 0.31 AC / 13,503 SF |
County | New London County |
Location
Building Information for 546 Thames Street
Stories-Residences4Year Built1920Building Size-Lot Size0.31 AC / 13,503 SF
Payment Calculator
$2,393 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 546 Thames Street
Property History for 546 Thames Street
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 546 Thames Street
Taxable ValueLand$87,500Additions$23,030Total$110,530
Tax Record2023$2,852 ($238 / month)
Home Facts
Total Finished SqFt3,980 SqFtAbove Grade Finished SqFt3,980 SqFtStories3Lot Size13,504 SqFtStyleStoresYear Built1920ZoningGCCountyNEW LONDONAPNGROT M:168806482566
Schools near 546 Thames Street
This home is within Groton School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 10 |
Rating | School | Distance |
---|---|---|
Pleasant Valley School PublicK to 5 | ||
West Side Middle School Public6 to 8 | ||
Fitch Senior High School Public9 to 12 | ||
Virtual Learning Academy Public9 to 10 |
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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