8 unit apartment building on 1.88 ac near Flanders Four Corners and I-95. 2 story. 8,820sf incl unfinished basement. Electric heat. Zone CA. Off-street parking. Great investment opportunity.
Multi-familyProperty Type
1973Year Built
1.88 acresLot Size
$36Price/Sq.Ft.
10 spacesParking
Listed by John Jensen• Pequot Commercial Real Estate
Bought with John Jensen• Pequot Commercial Real Estate
Source:Smart MLS #E10056285
Redfin Estimate
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*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
8
Stories
2
Lot width
—
Lot depth
—
Lot size
1.88 Acres
Year renovated
—
Sq. Ft.
5,460
Year built
1973
Style
Multi-Family (5+ Unit)
County
New London County
APN
1470565
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Feb 2, 2024.
Property details
Parking
Garage Information
Garage & Parking: Off Street Parking, Parking Lot
Parking Information
Parking Total Spaces: 10
Interior
Room Information
Basement Description: Full
Multi-Unit Information
Total Number of Units: 8
Exterior
Exterior Features
Exterior Siding: Brick, Vinyl Siding
Lot Information
Lot Description: Corner Lot
Land Information
Entry Description: Semi Private Entry
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 5 Family+
# of Stories: 2
Financial
Assessments Information
Assessed Value: $306,180
Rental Information
Lease Purchase YN: No
Utilities
Utility Information
Water Source: Private Well
Sewage System: Septic
Hot Water Description: Electric
Heat Type: Baseboard
Heat Fuel Type: Electric, Other
Location
School Information
Intermediate School: East Lyme
High School: East Lyme
Elementary School: Flanders
Location Information
State: Connecticut
Directions: I-95 South Exit 75. Merge on Route 1 South. About 1/2 mile take right on Mill Rd. On right. I-95 North Exit 74. Turn left on Route 161. At Flanders Four Corners, turn left on Route 1 South. About 1/2 mile take right on Mill Rd. On right.
County: New London
Public facts
Beds: —
Baths: 8.0
Sq. Ft.: 5,460
Stories: 2.0
Lot Size: 1.88 acres
Style: Multi-Family (5+ Unit)
Year Built: 1973
Year Renovated: —
County: New London County
APN: 1470565
Home facts updated by county records on Feb 1, 2024
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the East Lyme School District website to verify.
Flanders School
Public K-4 • 0.5mi
7/10
East Lyme Middle School
Public 5-8 • 1.4mi
8/10
East Lyme High School
Public 9-12 • 0.6mi
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
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
East Lyme, CT • 06333
Average low and high temperatures (°F)
35
22
38
23
51
34
60
43
68
52
80
61
84
68
80
61
74
58
65
47
54
38
40
26
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 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.