THE ULTIMATE UNICORN: rare chance to own/live in a CASH-FLOWING 4-family eligible for CT Housing, Conventional OR Commercial Financing. This 1850s schoolhouse was FULLY gutted/rebuilt & completed in 2001, offering updated finishes & systems throughout including: separate electrical, hard-wired fire system, plumbing, siding, windows, insulation, kitchens, & baths. Most recent upgrades include new heating/hot H2O systems (2019), 35yr architectural roof (2021), new decks (2023), & freshly resurfaced driveway (2024). Consisting of TWO 2bed/1bath units w/ +/- 900 sq/ft & TWO 2bed/1.5bath units w/ +/- 1,150 sq/ft ALL w/ open layouts. Common coin-op laundry & potential for storage in basement. The PERFECT investment offering MINIMAL MAINTENANCE w/ 8+ parking spots, strong rental history (all currently M2M), & prime location (6mins to routes 395 & 44, 35mins to Casinos/Worcester, 45mins to Providence, & 60mins to Hartford/Boston/New London) **+/-12 Cap at Market Rents**Don’t Miss This One!!
Sold for $540,000 on 12/23/25
$540,000
4 Ware Rd, Killingly, CT 06241
8beds
4,300sqft
Multi Family
Built in 1900
-- sqft lot
$540,100 Zestimate®
$126/sqft
$2,113 Estimated rent
Home value
$540,100
$497,000 - $589,000
$2,113/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 23, 2025 at 01:28pm
Listed by:
Spectrum Real Estate Consultants Team 401-334-3334,
Keller Williams Leading Edge
Bought with:
Non-Mls Member
Non-Mls Member
Source: StateWide MLS RI,MLS#: 1400797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Forced Water
Cooling
- None
Features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed)
- Flooring: Vinyl, Carpet
- Basement: Partial,Interior Entry,Unfinished,Laundry,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 4,300
- Total interior livable area: 4,300 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 0.29 Acres
Details
- Parcel number: KILLM40B30
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Vinyl Siding, Wood
- Foundation: Brick/Mortar, Mixed, Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Killingly
HOA & financial
Other financial information
- Total actual rent: 4490
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | $540,000+8%$126/sqft |
Source:  StateWide MLS RI #1400797 Report a problem | ||
| 12/3/2025 | Pending sale | $500,000$116/sqft |
Source:  Smart MLS #24142119 Report a problem | ||
| 11/25/2025 | Listed for sale | $500,000$116/sqft |
Source: StateWide MLS RI #1400797 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,168 +5.4% | $218,600 |
| 2024 | $4,901 +13% | $218,600 +48.7% |
| 2023 | $4,337 +6.3% | $147,000 |
Find assessor info on the county website
Neighborhood: 06241
Nearby schools
GreatSchools rating
- NAKillingly Central SchoolGrades: PK-1Distance: 2.3 mi
- 4/10Killingly Intermediate SchoolGrades: 5-8Distance: 2.6 mi
- 4/10Killingly High SchoolGrades: 9-12Distance: 1.3 mi
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$540,100
2% more+ $10,802
With Zillow Showcase(estimated)
$550,902