1780 Boston Post Road, Old Saybrook, Connecticut

$850,000

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4

Beds

2/1

Baths

2,236

Square feet

0.69

Acres

About 1780 Boston Post Road

Commercial Mixed Use, cross-posted on MLS alternative # 24149460. 7.06 CAP r a t e ~ Prime mixed-use investment property offered at $850,000 along the high-visibility Route 1 corridor. The asset consists of three total units of office/retail space with direct road frontage and two residential apartments privately situated in the rear. Trusted General Contractor currently rents the rear yard space at $1,000/month. Projected gross income totals $90,000/year. Incorporating a 10 p e r c e n t vacancy & repairs reserve, the stabilized effective gross income is $81,000/year. Operating expenses total $20,945/year (real estate taxes: $5,896 | insurance: $5,879 | electric: $4,600 | oil: $1,350 | propane: $1,620 | snow removal/water/septic: $1,600), resulting in a net operating income (NOI) of $60,055/year. At the asking price of $850,000, the asset delivers a 7.06 CAP r a t e, with long-term value preservation and upside through future rent adjustments. Strong location, consistent cash flow, and limited supply of mixed-use product on Route 1 make this an ideal long-term hold, 1031 exchange target, or portfolio addition.

Features of 1780 Boston Post Road

MLS® # 24149701
Price $850,000
Bedrooms 4
Bathrooms 2/1
Full Baths 2
Half Baths 1
Square Footage 2,236
Acres 0.69
Type Multi-Family For Sale
Sub-Type Other
Style Units on different Floors
Status Active

Community Information

Address 1780 Boston Post Road
Area N/A
City Old Saybrook
County Middlesex
State Connecticut
Zip Code 06475

Amenities

Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Hot Air, Hot Water, Oil, Propane
Cooling None
Fireplace No

Exterior

Exterior Vinyl Siding
Lot Description Corner Lot, Level Lot
Roof Asphalt Shingle
Foundation Masonry

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed January 17th, 2026
Days on Market 82
Zoning B-4
RE / Bank Owned No

Listing Details

OfficeCarbutti & Co., Realtors

Listing Map

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