Value-Add Investment Opportunity in Cromwell! Calling all investors, contractors, and rehab buyers! Welcome to 9 Allen Road, a historic 3-family multi-family home built in 1800, offering immense potential. With a spacious layout totaling 2,698 square feet of living space, this property features 6 bedrooms and 3 full baths distributed across 3 units (each with its own kitchen). Situated on a level 0.49-acre lot, the property benefits from highly desirable public water and public sewer connections. Notable mechanical updates include a 200-Amp electrical service upgrade (2017) and a newer architectural shingle roof (2018). The property does require significant work and is ready for your sweat equity or a complete renovation to maximize its rental yield. Perfect for a rehab loan, portfolio lender, or cash transaction looking to add a strong cash-flowing asset to their portfolio. Listing Status: Sold AS-IS, WHERE-IS. Financing: May not qualify for conventional financing on the basis to condition; cash, hard money, or rehab loans (like FHA 203k) are highly recommended. Special Condition: All offers must include the As-Is Addendum to be considered. Bring your vision and restore this historic multi-family to its full potential!
5 days
|
781
|
28
|
Zillow last checked:
Listing updated:
Listed by:
Seth Winkleman(860)985-5816,
Berkshire Hathaway NE Prop.860-677-4949
Source: Smart MLS,MLS#: 24192280
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Heating
Hot Water, Oil
Cooling
None
Appliances
Included: Electric Water Heater, Water Heater
Features
Basement: Full
Attic: Walk-up
Has fireplace: No
Interior area
Total structure area: 2,698
Total interior livable area: 2,698 sqft
Finished area above ground: 2,698
Property
Lot
Size: 0.49 Acres
Features: Level
Details
Additional structures: Shed(s)
Parcel number: 956945
Zoning: R-15
Construction
Type & style
Home type: MultiFamily
Architectural style: Units on different Floors,Units are Side-by-Side
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.