Currently a cash calf that could be a huge cash cow. Rents are well below market and some units need refreshing but are all currently rented and the draw for tenants is this 7 unit building is waterfront!. It is on Ashland Pond with fishing right out the back for Largemouth bass, pickerel, yellow perch and sunfish. Adequate parking in front and rear of building. Utilities except for hot water + water and sewer are separate but see unit details for exceptions. Stated expenses include utilities, taxes, insurance and dumpster rental but not any management fees or one time expenses. Incredible opportunity for growth and well protected by even current income. Commercial loans or cash only- No seller financing and no blind offers! Seventh units rent not listed on MLS, is a one bedroom for $750 a month. It is a basement unit with electric heat.
Sold for $475,000 on 06/30/23
$475,000
100 Ashland Street, Griswold, CT 06351
9beds
4,056sqft
Multi Family
Built in 1900
-- sqft lot
$559,500 Zestimate®
$117/sqft
$1,688 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 11, 2023 at 10:28am
Listed by:
Leo Chomen,
Compass Connecticut, LLC
Bought with:
Nicole M. Garbutt, RES.0765850
Browning & Browning R.E.
Source: Smart MLS,MLS#: 170565217
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Propane
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: None
Features
- Windows: Thermopane Windows
- Basement: Full,Partially Finished,Concrete
Interior area
- Total structure area: 4,056
- Total interior livable area: 4,056 sqft
- Finished area above ground: 4,056
Property
Parking
- Parking features: Unassigned, Parking Lot, Shared Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Porch
- Exterior features: Lighting
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
Lot
- Size: 8,712 sqft
- Features: Level
Details
- Parcel number: 1480514
- Zoning: BRM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick/Mortar, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & neighborhood
Community
- Community features: Near Public Transport, Lake, Library, Park, Public Rec Facilities, Shopping/Mall
Location
- Region: Jewett City
- Subdivision: Jewett City
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$559,500
2% more+$11,190
With Zillow Showcase(estimated)$570,690