Property was off market to install 3 new heating units and refresh newly vacated apartment. Rents are increased as well! 2 tenants are on month to month and one tenant is on lease, and all are payers. You get to walk in and start collecting rent in a great location. Separate metered propane heat and hot water and separate electric. Owner pays the sewer and water bill. Rents are modest and have room for increases or the savvy investor may want to just keep the rents coming in. Not much to do on this one. Colchester is an awesome rental market so you can keep full all the time. Vacant unit in process and paint and some new flooring and will be filled when completed. There is no owner financing available. Great tenants and recent improvements.
Sold for $325,000 on 02/21/23
$325,000
240 Lebanon Avenue, Colchester, CT 06415
5beds
2,970sqft
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$109/sqft
$2,684 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 21, 2023 at 02:19pm
Listed by:
Leo Chomen,
Compass Connecticut, LLC
Bought with:
Carl J. Guild, REB.0791933
Carl Guild & Associates
Source: Smart MLS,MLS#: 170545134

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Propane
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: None
Features
- Windows: Thermopane Windows
- Basement: Full,Shared Basement,Unfinished,Concrete,Hatchway Access
- Attic: Finished,Floored
- Has fireplace: No
Interior area
- Total structure area: 2,970
- Total interior livable area: 2,970 sqft
- Finished area above ground: 2,970
- Finished area below ground: 0
Property
Parking
- Parking features: Unassigned, Parking Lot
Features
- Exterior features: Rain Gutters, Lighting, Sidewalk
Lot
- Size: 10,018 sqft
- Features: Level
Details
- Parcel number: 1457390
- Zoning: 1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & neighborhood
Community
- Community features: Library, Park, Public Rec Facilities, Shopping/Mall
Location
- Region: Colchester