$2,300,000 ($182.89 per sqft)

Under Contract

Est. Mortgage $11,630/mo *

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165 Mansion Road, Cheshire, CT, 06410

165 Mansion Road, Cheshire, CT, 06410

56 rooms

24 beds

1964

Units on different Floors, Other

12,576 sqft

INVESTORS TAKE NOTICE! "The Roxbury Arms" .... Never to have hit the market, 165-195 Mansion Road is a 16 door, family owned & operated apartment building in Cheshire sitting on 16.5 acres! It is a fully occupied, 8 two bedroom and 8 single bedrooms, all one bath. One unit is occupied by an on site superintendent for maintenance emergencies/snow removal/etc. Every apartment has a separate storage unit in the basement, and there's a shared coin operated laundry room. ** multiple offers ** please note *** all except 1 or 2 are way under market value ** the only one that has been updated to current market rent is unit 167 (1 bedroom) to $1,200 - this is why the owner has them all month to month so the new owner can adjust as needed (these tenants are long terms, many since 1994/1997) units pictured are 181,189,193. Unit 183 is the only one on a written lease - it is up June 2025 - All other leases are month to month verbal - she has most of the original leases from over 20 years ago.


Status:

Under Contract

Type:

Multi-family

Laundry Remarks:

Coin Op Laundry

Units:

16

Zoning:

R-40

Heating:

Baseboard

Cooling:

Window Unit

Basement:

Full

Acreage:

16.5

Est. Taxes:

$28,333

Assessment

$1,031,800

Lot Description:

Secluded,Some Wetlands,Lightly Wooded,On Cul-De-Sac

Elementary School:

Per Board of Ed

High School:

Cheshire

Days on Market:

9

MLS #:

24052410


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Lauren Freedman, Coldwell Banker Realty Email: Lauren.Freedman@cbmoves.com