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$399,900
Est. payment /mo
10 Beds
5 Baths
5,444 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,444 sqft
Price per Sqft $73
MLS Listing ID 24216456
Style Units on different Floors
Bedrooms 10
Full Baths 5
Year Built 1900
Annual Tax Amount $2,092
Lot Size 0.310 Acres
Property Sub-Type 4 Family
Property Description
132-134 High Street puts two income-producing buildings on one 0.31-acre lot, which makes it a strong fit for an investor or an owner-occupant who wants rental income. 132 High St is a 31/2-story, three-family building with about 4,206 sq ft of finished living space. It has 21 total rooms, 8 bedrooms, 3 full baths and 3 separate kitchens, plus a full basement and a rear deck. 134 High St is a detached 2-story Colonial single-family with about 1,238 sq ft. It has 7 rooms, 4 bedrooms and 2 full baths, along with a covered front porch, a partial basement and a detached garage. Together that's 4 units, 12 bedrooms and roughly 5,400 sq ft of living space, with public water and sewer. Both buildings need full renovation, so this is a true value-add project. Buyers can rebuild the systems and finishes to today's standards and set rents at market levels. With 12 bedrooms across four separate units, a fully renovated property could bring in substantial monthly income and support strong long-term cash flow and equity growth. Owner-occupants could live in the single-family and let the three-family help cover the mortgage, or rent all four units for maximum return.
Location
State CT
County Tolland
Zoning PND
Rooms
Basement Full, Unfinished
Interior
Heating No Heat
Cooling None
Exterior
Parking Features Detached Garage, Off Street Parking
Garage Spaces 1.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description City Views
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Anthony La Penna • Exceptional Real Estate LLC
Nearby Locations
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