1259 Wolcott Road, Wolcott, CT

$599,900

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12

Beds

6

Baths

3,281

Square feet

1.37

Acres

About 1259 Wolcott Road

Located in Wolcott, CT, this large multifamily property at 1259 Wolcott Rd. offers a practical investment opportunity with its six units, each featuring two bedrooms and one bathroom. The living spaces are efficiently designed, providing comfortable accommodations for residents. Recent upgrades to the property include a new rear deck, updated bathrooms, and improved exterior lighting, enhancing the overall living experience for tenants. The property boasts a spacious backyard with access to a forest trail, offering outdoor space for residents to enjoy. The septic system and well are in good condition, having been inspected just a year ago. Each unit has its own electrical meter, and there is an additional owner panel, with common charges ranging from $32-40 per month. The owner is responsible for the heat and gas utilities, serviced by a single meter. With new boilers and hot water heaters in place, as well as a roof that is approximately three years old, the property is well-maintained and ready for continued use. Currently at 100% occupancy, this multifamily residence in Wolcott represents a solid investment with steady rental income. The current rents are below market rate and can be raised to $1500 per unit.

Features of 1259 Wolcott Road

MLS® # 24011427
Price $599,900
Bedrooms 12
Bathrooms 6.00
Full Baths 6
Square Footage 3,281
Acres 1.37
Year Built 1950
Type Multi-Family For Sale
Sub-Type 5 Family+
Status Under Contract

Community Information

Address 1259 Wolcott Road
Area N/A
City Wolcott
County New Haven
State CT
Zip Code 06716

Amenities

Parking Spaces 6
Parking None, Parking Lot, Off Street Parking
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Baseboard, Hot Air, Natural Gas
Cooling Window Unit
Fireplace No

Exterior

Exterior Vinyl Siding, Stucco
Exterior Features Deck, Gutters, Lighting, Patio
Lot Description Treed
Roof Asphalt Shingle
Foundation Concrete

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed April 18th, 2024
Days on Market 31
Zoning GC
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway NE Prop.

Listing Map

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