Location! Location! Location! Check out this great investment property you don't want to miss! This wonderful colonial home has 2 units on separate floors and it sits in a prime location on Main St. It is close to a splash pad, restaurants, general store, post office and walking distance to the schools. The first floor 1-bedroom unit offers spacious living and an enclosed 3-season sunporch as an additional peaceful space to relax. The second floor 2-bedroom unit showcases hardwood flooring, wide moldings, lots of closet space and a walk-up attic for either an extended living space or extra storage space. There is a large 4-car driveway and a wide yard. Both units have a solid history of easy rentals. The second unit is currently clean, empty, newly painted walls and awaiting for a new tenant or new owner who wants the bulk of their mortgage paid by the 1st floor! Inquire today about special financing.
Multi-familyProperty Type
1930Year Built
10,018 sq ftLot Size
$224Est. Price/Sq.Ft.
4 car garageParking
Listed by Michelle Manter• KW Legacy Partners
Bought with Alex LaRosa• Calcagni Real Estate
Source:Smart MLS #170414625
Redfin Estimate
$425,660
$156K since sold in November 2021$6,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.3% lower than the average sale price ($464K) of 6 comparable homes.
Great investment opportunity! This 1930s colonial is actually a 2 family home with units on separate floors. Its prime location on Main Street is close to restaurants, general store, post office, bank, and both the high school and elementary school. The 1st floor, 1 bedroom apartment offers spacious living and an enclosed 3-season sunporch for additional peaceful space. The second floor offers a 2 bedroom apartment with hardwood floors, wide moldings, lots of closets and a full walk-up attic for either more living space or abundant storage. There is a large driveway for 4 cars and an ample yard. Both units have a solid 20 year history of easy rentals and the 2nd floor is currently clean, empty and awaiting a new tenant or new owner who wants the bulk of their mortgage paid by the 1st floor!
Public Records
May 30, 2000
Sold
$159,900
$84/sq ft
Smart MLS #M9057822
Apr 10, 2000
Listed
$159,900
$84/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$4,834 (+7.8%)
$57,400 + $87,640
$145,040
2021
$4,484 (+1.5%)
$57,400 + $77,140
$134,540
2020
$4,417
$57,400 + $77,140
$134,540
2019
$4,417
$57,400 + $77,140
$134,540
2018
$4,417 (+0.5%)
$57,400 + $77,140
$134,540
2017
$4,396 (+0.9%)
$49,440 + $80,130
$129,570
2016
$4,357 (+1.0%)
$49,440 + $80,130
$129,570
2014
$4,312 (+8.2%)
$49,440 + $80,130
$129,570
2011
$3,984
$49,440 + $80,130
$129,570
Tax history for 503 Main St
Year
Property tax
Land + Additions
Assessment*
2022
$4,834 (+7.8%)
$57,400 + $87,640
$145,040
2021
$4,484 (+1.5%)
$57,400 + $77,140
$134,540
2020
$4,417
$57,400 + $77,140
$134,540
2019
$4,417
$57,400 + $77,140
$134,540
2018
$4,417 (+0.5%)
$57,400 + $77,140
$134,540
2017
$4,396 (+0.9%)
$49,440 + $80,130
$129,570
2016
$4,357 (+1.0%)
$49,440 + $80,130
$129,570
2014
$4,312 (+8.2%)
$49,440 + $80,130
$129,570
2011
$3,984
$49,440 + $80,130
$129,570
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
1,904
Year built
1930
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
956825
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
Property details
Parking
Garage Information
Garage & Parking: Paved, Off Street Parking
Garages Number: 4
Interior
Virtual Tour Information
Has Virtual Tour
Interior Information
Laundry Room Info: Basement Hook-Up(s)
Bathroom Information
# of Baths (Full): 2
Bedroom Information
Beds Total: 3
Room Information
Basement Description: Full, Full With Hatchway
Has Attic
Attic Description: Walk-up
Multi-Unit Information
Unit Count: 2
Total Rooms Multi Family: 7
Total Number of Units: 2
Exterior
Exterior Features
Roof Information: Asphalt Shingle, Gable
Exterior Siding: Aluminum
Exterior Features: Porch-Enclosed, Shed
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Concrete
Construction Description: Frame
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 1904
Driveway Type: Private
Financial
Assessments Information
Assessed Value: $134,540
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Electric
Heat Type: Hot Water, Radiator
Heat Fuel Type: Oil
Fuel Tank Location: In Basement
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Nearby Amenities: Basketball Court, Library, Public Transportation, Tennis Courts, Walk to Bus Lines
Directions: Rt 9 to Silas Deane Hwy
County: Middlesex
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,904
Stories: —
Lot Size: 10,019 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: —
County: Middlesex County
APN: 956825
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 1
Around this home
Schools
Edna C. Stevens School
Public PreK-2 • Assigned • 0.4mi
Cromwell Middle School
Public 6-8 • Assigned • 1.0mi
7/10
Cromwell High School
Public 9-12 • Assigned • 0.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cromwell, CT • 06416
Average low and high temperatures (°F)
35
21
37
21
53
34
63
43
70
52
82
61
85
67
82
60
77
57
66
45
54
36
40
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.5 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$405,000 – $490,000
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