454 Norwich Westerly Road
North Stonington, CT, 06359 $ 599,000
Bedrooms8 Baths4.0 Sq 2,998 Monthly Estimate*
$ 3,981
for $599,000 with 8 bedrooms and 4 full baths. This 2,998 square foot home was built in 1947 on a lot size of 3.83.
Unique opportunity! Airbnb potential! 4 single family houses on one record, 5 minutes from Foxwoods. One of the houses is a tear down. Two of the homes are in a good shape, 2BR and 1BA each, one rented at $1250. and one at $1300., excellent tenants. Last home is an Airbnb, 3BR, 1BA, excellent condition, fully furnished and operating. The Airbnb unit sleeps 6. $359/weekend night, $129/weeknight as compared to Foxwoods hotel which is $600+ on weekend nights, approx. $42,603/year gross. Conveys fully furnished with future bookings. Value of the furnishings is about $22,000 new, materials and labor. Total gross income: House 1 - $0., House 2 - $1250/mo. = $15000/yr., House 3 - $1300/mo. = $15,600/yr., House 4 - $3550/mo. = $42,603/yr. Airbnb proforma $6100.25/mo.= $73,203/yr. Well and septic. Owner paid propane heat, electricity, and Wi-Fi at the Airbnb unit, 300-$350/mo. $3,600-$4,200/year. Insurance - $5302.08/year. Taxes - $5444.62/year. All other houses tenant paid utilities. No deferred maintenance or problems in the 3 houses. Owner looking for offers!!!
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Multi-Family ActiveUnits on different Floors,Units are Side-by-Side
FeaturesGeneralExterior Features Porch Gutters Lighting
Zoning R80
Full Baths 4
Half Baths 0
Year Built 1947
Neighborhood N/A
Style Units on different Floors Units are Side-by-Side
Heater Type Baseboard Hot Air
County New London
Property SubType 4 Family
Tax Year July 2023-June 2024
Property Type Multi-Family For Sale
Status Active
Acres 3.83
Directions GPS FRIENDLY Rt. 2 to 454 North Westerly Road North Stonington
High School Wheeler
City North Stonington
Street Name Norwich Westerly
Elementary School North Stonington
Sq Ft Total 2998
DOM 56
Year Built Source Public Records
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InteriorCooling System Window Unit
Basement Description Full Unfinished Storage Interior Access Full With Hatchway
Total Fireplaces 0
Total Rooms 12
Hot Water Oil Propane Domestic
Total Bathrooms 4
Total Bedrooms 8
Total Number of Units 4
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ExteriorWater Source Shared Well
Garage Parking Detached Garage
Lot Description Level Lot
Pool? 0
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* Excluded FeaturesList ByMichelle LorenzettiListing Agent
Premier R.E. Investment GroupBroker
michellelorenzetti@sbcglobal.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,981
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in North Stonington, CT
Average List Price $607,000
Percent of Sale Price 1%
About North Stonington, CT 5,292 Population
6% Since 2002
$ 75,921 Median Income
49.74 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
2060432 Elementary School
3041712 Middle School
Wheeler High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/5/2024 | $599,000 | | Listed Price |