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159 Main St, Chester, 06412

Commercial/Investment - Investment, Residential Income, Retail For Sale

$475,000

Beds
Baths
4,949Sqft
.31Acres
1850Built
20DOM
MLS® #: 170281481
Active, 20 Days on Market

Great Investment property on a highly visible corner lot on Main St. and Rte. 154 just steps from downtown Chester. Two long-term commercial tenants occupy the first floor with 3 apartments on 2nd floor, 2 two-bedroom (one with separate entrance) and 1 one-bedroom. The building was completely renovated in 1986 with all new mechanicals, electrical, plumbing as well as all interior finishes throughout, including new sheet rock and paint in apartment bathrooms and kitchens. The exterior has been maintained on a regular basis, most recently a few months ago when the entire facade received professional detailing of siding, trim and flashing maintenance. The two (2) first floor commercial units are in excellent condition with above average finishes and well maintained by each tenant. Each unit has independent oil heat and central air with separate metered utilities. All apartment units have individual hot water heaters in basement and each has electric heat with all utilities paid by tenants. There is ample parking for all tenants and guests at the rear of the building. The entire lot was repaved 8 years ago and is in excellent condition. Lighting is controlled by lighting sensors for both the parking lot area and the common areas within the building.

Essential Information

MLS® #: 170281481
Price: $475,000
Bathrooms: 0.00
Square Footage: 4,949
Acres: 0.31
Year Built: 1850
Type: Commercial/Investment
Sub-Type: Investment, Residential Income, Retail
Status: Active

Community Information

Address: 159 Main St
Area: N/A
City: Chester
County: Middlesex
State: CT
Zip Code: 06412

Amenities

Utilities: Electric, Telephone, Cable
Parking: Paved, Parking Lot
Garages: Paved, Parking Lot

Interior

Interior: Tile, Wood, Vinyl
Heating: Baseboard, Hot Air, Electric, Oil
Cooling: Central Air
# of Stories: 3

Exterior

Lot Description: Corner, Level Topography
Roof: Asphalt Shingle
Construction: Frame, Other
Foundation: Masonry, Slab

Additional Information

Date Listed: March 13th, 2020
Days on Market: 20
Zoning: R-5

Listing Details

Listing Office: Lyman Real Estate

Financials

$/SqFt: $96

©2020 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.