454 Norwich Westerly Road, North Stonington, CT

$599,000

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2,998

Square feet

3.83

Acres

About 454 Norwich Westerly Road

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!!!

Features of 454 Norwich Westerly Road

MLS® # 170615342
Price $599,000
Bathrooms 0.00
Square Footage 2,998
Acres 3.83
Year Built 1947
Type Multi-Family For Sale
Sub-Type 4 Family
Status Active

Community Information

Address 454 Norwich Westerly Road
Area N/A
City North Stonington
County New London
State CT
Zip Code 06359

Amenities

Parking Detached Garage, Unpaved
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Baseboard, Hot Air, Oil, Propane
Cooling Window Unit
Fireplace No

Exterior

Exterior Vinyl Siding
Exterior Features Lighting
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Concrete

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed December 18th, 2023
Days on Market 67
Zoning R80
RE / Bank Owned No

Listing Details

OfficePremier R.E. Investment Group

Listing Map

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