$639,000 ($241.50 per sqft)

Est. Mortgage $3,106/mo *

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1286 Boston Post Road, Westbrook, CT, 06498

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13 rooms

6 beds

4 Full baths

1950

Units are Side-by-Side

2,646 sqft

Welcome to 1286-1292 Westbrook, a fantastic multi-family investment opportunity in the heart of Westbrook! This well-maintained property offers excellent potential for both seasoned investors and first-time buyers looking to capitalize on rental income. Right on Boston Post Road this property is a rare find with its combination of location, condition, and income-generating, this property consists of 4 Separate Buildings and a total of 4 units, including a mix of 1-bedroom/3-bedroom configurations, ideal for attracting a variety of tenants. The property has been well cared for, and 2 Units has been recently updated to ensuring low maintenance costs for years to come. Income Potential: With a strong rental history and high demand for rental units in the area, this property presents a unique opportunity for generating consistent cash flow. Current rents total $ 60,000 annually, with room for potential increases. Solar System for extra income. This is a Prime Location Conveniently located near major highways, public transportation, shopping centers, and schools, this property offers tenants a desirable living experience with easy access to everything they need. Off-Street Parking: Ample off-street parking for tenants, a highly desirable feature in this area. This expansive lot provides space for potential future development as the zoning allow Multi use for bushiness and commercial use. Buyers to conduct their own diligence. Adjacent property is also for sale MLS 24063150

Status:

Active

Type:

Multi-family

Laundry Remarks:

Coin Op Laundry

Units:

Zoning:

CTC

Heating:

Hot Water, Solar, Zoned

Cooling:

None

Basement:

Partial, Unfinished, Partial With Hatchway

Acreage:

0.33

Est. Taxes:

$5,910

Assessment

$272,360

Lot Description:

City Views,Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

134

MLS #:

24061320

Community Info

School Info

Walk Score

Mass Transit

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1286 Boston Post Road, Westbrook, CT, 06498

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