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Listing: 10 of 38 Updated 21 minute ago

262 Route 163 Montville, CT 06382

Commecrial $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. All leased with great cash flow! Income of $40,000 yr! Cap rate about 12%! May require a commercial loan if using a lender.


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  • Market Stats
  • Schools
  • Recent Sales

General Information for 262 Route 163 Montville, CT 06382

Town Montville
County New London
New Construction Yes
SQFT 3,376
Status Available
Listing Number E10215085 (SmartMLS)

Rooms Information for 262 Route 163 Montville, CT 06382

Interior Information for 262 Route 163 Montville, CT 06382

Interior Features Living Space Available
Public Restrooms
Heating Other
Radiator
Cooling Window Unit

Exterior Information for 262 Route 163 Montville, CT 06382

Lot Size 1.74 acres
Lot Description Level Lot
Open Lot
Lot Level Lot
Open Lot
Features Frontage
River
Water Public Water Connected
Sewer Public Sewer Connected

Neighborhood Information for 262 Route 163 Montville, CT 06382

Miscellaneous Information for 262 Route 163 Montville, CT 06382

Year Built 1945

Associate Information for 262 Route 163 Montville, CT 06382

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

East Lyme Office
15 Chesterfield Road
East Lyme, CT 06333
860-739-1998

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Market Snapshot as of February 22, 2018 (Last 30 days)

Condo  
Units 4,738
Avg Price $292,612
Avg Days Listed 102
Total New Listings 1
House  
Units 19,636
Avg Price $587,525
Avg Days Listed 106
Total New Listings 14
Multi-Family  
Units 2,320
Avg Price $687,855
Avg Days Listed 104
Total New Listings 1

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
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%
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%
586 Old Colchester Road
Montville, CT 06382
01/16/2018 $229,900 $220,000 96%
135 Cottonwood Lane
Montville, CT 06382
01/13/2018 $1,600 $1,600 100%
119 Wildwood Lane
Montville, CT 06382
01/12/2018 $219,000 $205,000 94%
821 Old Colchester Road
Montville, CT 06382
01/05/2018 $74,800 $70,000 94%
186 Maple Avenue
Montville, CT 06382
12/29/2017 $169,900 $165,000 97%
220 Derry Hill Road
Montville, CT 06382
12/29/2017 $139,000 $105,000 76%
12 Pollys Lane
Montville, CT 06382
12/27/2017 $218,900 $213,000 97%
187B Fitch Hill Road
Montville, CT 06382
12/19/2017 $149,900 $140,000 93%
31 Lathrop Road
Montville, CT 06382
12/18/2017 $37,500 $33,500 89%
35 Hidden Acres Road
Montville, CT 06382
12/12/2017 $169,900 $155,000 91%
24 Cedar Lane
Montville, CT 06382
12/11/2017 $184,900 $164,000 89%
45 Gallivan Lane
Montville, CT 06382
12/11/2017 $103,500 $103,500 100%
178 Kitemaug Road
Montville, CT 06382
12/08/2017 $88,400 $82,000 93%
9 Orchard Drive
Montville, CT 06382
12/05/2017 $179,900 $176,000 98%
15 Tory Drive
Montville, CT 06382
12/01/2017 $239,900 $239,900 100%
140 Pollys Lane
Montville, CT 06382
11/30/2017 $218,000 $212,000 97%
47 Maple Avenue
Montville, CT 06382
11/30/2017 $134,000 $128,000 96%
185 Kitemaug Road
Montville, CT 06382
11/22/2017 $99,900 $100,000 100%
31 Lathrop Road
Montville, CT 06382
11/17/2017 $38,900 $35,000 90%
41 Riched Lane
Montville, CT 06382
11/15/2017 $224,900 $215,000 96%

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Listing: 10 of 38 Updated 21 minute ago

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