$661,000 ($483.89 per sqft)

Est. Mortgage $3,386/mo *

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55 Chesterfield Road, Montville, (Oakdale), CT, 06370

55 Chesterfield Road, Montville, (Oakdale), CT, 06370
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13 rooms

4 beds

3 Full / 1 Half baths

1961

Units on different Floors

1,366 sqft

Welcome to this beautifully renovated multi-unit property, offering THREE mobile home lot rentals with LONG TERM tenants. as well as a two completely updated rental apartments. The property boasts a new roof and siding, enhancing both its durability and curb appeal. Both the upper and lower units have been meticulously renovated with brand-new kitchens and bathrooms, showcasing modern finishes and high-quality materials. First floor includes three bedrooms, 2.5 baths with beautiful hardwood throughout. The basement apartment, with its own private entrance is one bedroom and one full bath. Additional features include a new electrical system, plumbing and state of the art well pump, ensuring reliable and efficient utility service. LARGE 2 car garage with high ceilings. The three mobile home lots, each currently leased to long-term tenants at $650 per lot. The mobile homes are owned privately by tenants. These lots give a steady stream of rental income and contribute significantly to the property's overall revenue potential with minimal upkeep. This property is an excellent opportunity for savvy investors or homeowners looking to live in one unit while generating rental income from the others. Located in a desirable area with easy access to local amenities, this multi-unit property combines modern living with substantial financial benefits. This property is taxed as a Mobile home park and is a commercial property, COMMERCIAL financing or cash Owner open to explore partial seller financing. Commercial financing or cash. Owner provides landscaping and plowing for all tenants, service provided per lot lease. The basement unit is currently leased for $1500 per month until August 31, 2025 (electric is included). Basement unit permitted only during the second visit. Leases for the lots renew on October 1st, and all tenants are renewing their leases for $675. Propane heat upstairs, electric in basement unit

Status:

Active

Town:

Montville

Type:

Multi-family

Units:

5

Zoning:

R120

Heating:

Hot Air

Cooling:

Central Air

Basement:

Full

Acreage:

3.06

Est. Taxes:

$5,077

Assessment

$182,840

Lot Description:

Lightly Wooded

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

104

MLS #:

24046045

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Danielle Pellerin, PMI East Lyme Email: danielle@pmieastlyme.com