1286 Boston Post Road Westbrook, CT 06498
Listing Courtesy of: SMART MLS / Coldwell Banker Realty / Ehab "Bob" Yostos

  1286 Boston Post Road Westbrook, CT 06498

Pending (35 Days)
$639,000
6
BED
4
BATH

Description

Welcome to 1286-1292 Westbrook, a fantastic multi-family investment opportunity in the heart of Westbrook! This well-maintained property offers excellent potential for both seasoned investors and first-time buyers looking to capitalize on rental income. Right on Boston Post Road this property is a rare find with its combination of location, condition, and income-generating, this property consists of 4 Separate Buildings and a total of 4 units, including a mix of 1-bedroom/3-bedroom configurations, ideal for attracting a variety of tenants. The property has been well cared for, and 2 Units has been recently updated to ensuring low maintenance costs for years to come. Income Potential: With a strong rental history and high demand for rental units in the area, this property presents a unique opportunity for generating consistent cash flow. Current rents total $ 60,000 annually, with room for potential increases. Solar System for extra income. This is a Prime Location Conveniently located near major highways, public transportation, shopping centers, and schools, this property offers tenants a desirable living experience with easy access to everything they need. Off-Street Parking: Ample off-street parking for tenants, a highly desirable feature in this area. This expansive lot provides space for potential future development as the zoning allow Multi use for bushiness and commercial use. Buyers to conduct their own diligence. Adjacent property is also for sale MLS 24063150

MLS #:
24061320
Taxes
$5,910(2024)
Lot Size
0.33 acres
Type
Multifamily
Year Built
1950
Style
Units Are Side-by-Side
Views
City Views
County
Middlesex County
Community
N/a

Listed By

Ehab "Bob" Yostos, Coldwell Banker Realty
Source
SMART MLS
Last checked Dec 27 2024 at 6:24 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Lot Information
  • Level Lot
  • City Views
Property Features
  • Foundation: Stone
  • Foundation: Masonry
Heating and Cooling
  • Zoned
  • Solar
  • Hot Water
  • None
Basement Information
  • Unfinished
  • Partial With Hatchway
  • Partial
Exterior Features
  • Vinyl Siding
  • Roof: Shingle
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Shared Septic
  • Fuel: Oil
School Information
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
Garage
  • None
Location
   
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