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Listing: 1 of 1 Updated 19 minutes ago

262 Route 163 (Oakdale Road Montville, CT 06382

6bd. 2fb. 2pb. Multi-Family $279,900

  

Unique opportunity to own a multi-use property and enjoy waterfront! Total 4 rental incomes: Units 1 & 2 is a residential 2-family building; Unit 3 is the commercial building currently used for a restaurant (building only, business is not for sale); Unit 4 is a separate commercial parking lot rental currently rented to a trucking repair company. All separate utilities. Public water & sewer hooked up. Good condition with many newer upgrades. Everything is leased with great cash flow! $40,000 year income! Cap rate about 12%! May require a commercial loan if using a lender.


  • Details
  • Market Stats
  • Schools
  • Recent Sales

General Information for 262 Route 163 (Oakdale Road Montville, CT 06382

Town Montville
County New London
New Construction Yes
Style Units on different Floors
SQFT 3,376
Status Available
Listing Number E10215015 (SmartMLS)

Rooms Information for 262 Route 163 (Oakdale Road Montville, CT 06382

Laundry Washer/Dryer Some Units

Interior Information for 262 Route 163 (Oakdale Road Montville, CT 06382

Basement Full
Interior Features Cable - Available
Heating Radiator
Space Heater

Exterior Information for 262 Route 163 (Oakdale Road Montville, CT 06382

Lot Size 1.74 acres
Lot Description Level Lot
Open Lot
Water View
Garage 1 Car Garage
Lot Level Lot
Open Lot
Water View
Features Frontage
River
Direct Waterfront
Water Public Water Connected
Sewer Public Sewer Connected
Exterior Features Garden Area
Patio

Neighborhood Information for 262 Route 163 (Oakdale Road Montville, CT 06382

Schools information for 262 Route 163 (Oakdale Road Montville, CT 06382

Elementary PBOE
Middle
High PBOE
General Area Public, Private School and College Information

Miscellaneous Information for 262 Route 163 (Oakdale Road Montville, CT 06382

Year Built 1945

Associate Information for 262 Route 163 (Oakdale Road Montville, CT 06382

Jan Ledoux
Norwich Office
860-377-8700
jledoux@randallrealtors.com

Norwich Office
76 Salem Turnpike
Norwich, CT 06360
860-887-1122

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Market Snapshot as of April 20, 2018 (Last 30 days)

Condo  
Units 5,454
Avg Price $299,900
Avg Days Listed 97
Total New Listings 0
House  
Units 23,736
Avg Price $591,790
Avg Days Listed 96
Total New Listings 14
Multi-Family  
Units 2,500
Avg Price $668,669
Avg Days Listed 101
Total New Listings 0

Average Price by Property Type
Units by Property Type
Average Days on Market by Property Type

Recent Home Sales In This Zip Code (06382)

For a more detailed market analyis one of our real estate agents can provide you with a full report.

Address Closing Date List Price Closing Price % of List Price
526 Fitch Hill Road
Montville, CT 06382
04/16/2018 $115,000 $110,000 96%
95 Woodland Drive C
Montville, CT 06382
04/16/2018 $59,900 $58,000 97%
23 Hidden Acres Road
Montville, CT 06382
04/13/2018 $159,900 $162,000 101%
99 Woodland Drive D
Montville, CT 06382
04/13/2018 $65,800 $57,000 87%
13 Salt Box Lane
Montville, CT 06382
04/12/2018 $179,900 $176,000 98%
399 Old Colchester Road
Montville, CT 06382
04/12/2018 $35,000 $31,000 89%
234 Route 32
Montville, CT 06382
04/05/2018 $199,900 $200,000 100%
343 Gay Hill Road
Montville, CT 06382
03/27/2018 $182,500 $182,500 100%
65 Richard Brown Drive
Montville, CT 06382
03/16/2018 $229,900 $230,000 100%
20 Tory Drive
Montville, CT 06382
03/15/2018 $279,900 $265,000 95%
202 Moxley Road
Montville, CT 06382
03/14/2018 $135,000 $135,000 100%
82 Maple Avenue
Montville, CT 06382
03/09/2018 $115,000 $98,000 85%
265 Route 32
Montville, CT 06382
03/01/2018 $1,800 $1,800 100%
187 Fitch Hill Road
Montville, CT 06382
02/28/2018 $37,500 $25,000 67%
94 Cottonwood Lane
Montville, CT 06382
02/28/2018 $199,900 $197,000 99%
4 Tory Drive
Montville, CT 06382
02/23/2018 $239,900 $234,900 98%
108 Pollys Lane
Montville, CT 06382
02/22/2018 $159,900 $170,000 106%
18 Cranberry Drive
Montville, CT 06382
02/22/2018 $269,900 $265,000 98%
242 Maple Avenue
Montville, CT 06382
02/22/2018 $149,900 $146,000 97%
12 Ann Avenue
Montville, CT 06382
02/16/2018 $184,900 $190,000 103%
18 Jerome Avenue
Montville, CT 06382
02/15/2018 $89,900 $82,000 91%
17 Gallivan Lane
Montville, CT 06382
02/09/2018 $149,900 $145,000 97%
62 Depot Road
Montville, CT 06382
02/01/2018 $1,200 $1,200 100%
9 Salt Box Lane
Montville, CT 06382
01/19/2018 $111,200 $112,500 101%
21 Dydo Drive
Montville, CT 06382
01/17/2018 $169,900 $173,000 102%

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Listing: 1 of 1 Updated 19 minutes ago

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