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Listing: 1 of 1 Updated 12 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 July 20, 2018 (Last 30 days)

Condo  
Units 5,767
Avg Price $300,833
Avg Days Listed 102
Total New Listings 1
House  
Units 27,318
Avg Price $590,320
Avg Days Listed 95
Total New Listings 14
Multi-Family  
Units 2,875
Avg Price $633,128
Avg Days Listed 99
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
11 Virginia Court
Montville, CT 06382
07/16/2018 $195,000 $180,000 92%
376-378 Maple Avenue
Montville, CT 06382
07/16/2018 $173,900 $164,000 94%
4 Moxley Road
Montville, CT 06382
07/14/2018 $299,900 $299,900 100%
376 Raymond Hill Road
Montville, CT 06382
07/13/2018 $294,000 $290,000 99%
7 Blumenthal Drive
Montville, CT 06382
07/12/2018 $128,500 $132,080 103%
193 Derry Hill Road
Montville, CT 06382
07/11/2018 $164,900 $165,000 100%
5 Linda Avenue
Montville, CT 06382
07/11/2018 $139,900 $138,000 99%
31 Tra Mart Drive
Montville, CT 06382
07/11/2018 $259,900 $265,000 102%
100 Sharp Hill Road
Montville, CT 06382
07/10/2018 $239,900 $237,113 99%
35 Platoz Drive
Montville, CT 06382
07/06/2018 $162,900 $158,000 97%
38 Riched Lane
Montville, CT 06382
07/06/2018 $209,900 $205,000 98%
34 Lisa Lane
Montville, CT 06382
07/06/2018 $259,900 $257,450 99%
202 Maple Avenue
Montville, CT 06382
07/06/2018 $74,900 $60,000 80%
437 Kitemaug Road
Montville, CT 06382
06/29/2018 $349,900 $343,000 98%
44 Pollys Lane
Montville, CT 06382
06/22/2018 $120,000 $121,000 101%
55 Riverview Road
Montville, CT 06382
06/22/2018 $214,000 $218,000 102%
128 Woodland Drive
Montville, CT 06382
06/21/2018 $1,150 $1,150 100%
75 Kitemaug Road
Montville, CT 06382
06/20/2018 $140,000 $150,000 107%
705 Old Colchester Road
Montville, CT 06382
06/19/2018 $174,500 $174,500 100%
90 Maple Avenue
Montville, CT 06382
06/19/2018 $115,000 $87,500 76%
230 C MAPLE Avenue
Montville, CT 06382
06/15/2018 $199,900 $205,000 103%
32 Fielding Terrace
Montville, CT 06382
06/15/2018 $129,900 $119,000 92%
87 Derry Hill Road
Montville, CT 06382
06/13/2018 $295,000 $295,000 100%
1691 Route 32 A1
Montville, CT 06382
06/12/2018 $119,900 $117,000 98%
44 Lathrop Road
Montville, CT 06382
06/08/2018 $54,500 $50,000 92%

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Listing: 1 of 1 Updated 12 minutes ago

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