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 |
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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 |
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Area | N/A |
City | Wolcott |
County | New Haven |
State | CT |
Zip Code | 06716 |
Amenities
Parking Spaces | 6 |
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Parking | None, Parking Lot, Off Street Parking |
Is Waterfront | No |
Waterfront | Not Applicable |
Has Pool | No |
Interior
Heating | Baseboard, Hot Air, Natural Gas |
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Cooling | Window Unit |
Fireplace | No |
Exterior
Exterior | Vinyl Siding, Stucco |
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Exterior Features | Deck, Gutters, Lighting, Patio |
Lot Description | Treed |
Roof | Asphalt Shingle |
Foundation | Concrete |
School Information
Elementary | Per Board of Ed |
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High | Per Board of Ed |
Additional Information
Date Listed | April 18th, 2024 |
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Days on Market | 31 |
Zoning | GC |
RE / Bank Owned | No |
Listing Details
Office | Berkshire Hathaway NE Prop. |
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