$349,900 ($156.34 per sqft)
Under Contract - Continue to Show
Est. Mortgage $1,767/mo *
224 Echo Lake Road, Watertown, CT, 06795
9 rooms
3 beds
2 Full / 1 Half baths
1955
Units on different Floors, Other
2,238 sqft
**Perfect Investment Opportunity: Fully Leased Mixed-Use Gem in Watertown** For the discerning investor seeking a solid income-producing asset, this fully leased mixed-use property in the heart of Watertown presents an exceptional opportunity. This well-maintained building with numerous updates offers a diverse income stream, featuring two residential units alongside a thriving, established nail salon occupying the prime first-floor commercial space. Benefit from immediate cash flow with all units currently leased, ensuring a seamless transition for the new owner. The two residential units, thoughtfully designed for tenant comfort, will consistently attract reliable renters. The established nail salon provides a stable commercial tenant, adding to the property's appeal and financial security. This property's strategic location in Watertown offers excellent visibility and accessibility, contributing to its consistent tenant occupancy. The diverse tenant mix minimizes risk and maximizes potential returns, making this a truly attractive investment. Don't miss this chance to acquire a fully leased, income-generating property with a proven track record plus room to increase rent!! A turnkey investment perfect for those seeking a reliable addition to their portfolio.
Status:
Under Contract - Continue to Show
Type:
Multi-family
Laundry Remarks:
Basement Hook-Up(s),Hook-Up In Unit 1
Units:
3
Zoning:
BG
Garage:
None, Paved, Off Street Parking
Heating:
Hot Air
Cooling:
Central Air, Window Unit
Basement:
Full
Parking:
5-car
Acreage:
0.28
Est. Taxes:
$4,790
Assessment
$168,840
Lot Description:
Corner Lot,Level Lot
Elementary School:
Per Board of Ed
Middle School:
Per Board of Ed
High School:
Watertown
Days on Market:
15
MLS #:
24081084
Buyer Broker Compensation:
2.25%
Buyer Broker Compensation is for display purposes only and must be confirmed in writing directly from Listing Broker