Well maintained and managed four family on a generous lot, with plenty of off street parking. 3 occupied units generating $3950 with the 4th being left vacant for either extra income at market rates. Potential gross monthly income to be $5450. Great investment asset!
*INVESTORS PACKAGE* This 4 family, income producing property is turn key with many updates in recent years. All units occupied. Plenty of parking and conveniently located mean major highways and town amenities. Ability for upper units to have a 3rd bedroom added. Sold as a package with 15 Sayles Ave. Killingly, CT MLS#170560080
RENT. #1
Aug 1, 2022
Price Changed
$1,200
$0/sq ft
Smart MLS #170307372
Sep 4, 2020
Sold
$170,000
$61/sq ft
Jun 18, 2020
Listed
$240,000
$86/sq ft
Great investment property with 4 units. Tenants pay own utilities. Located close to shopping and restaurants for happy tenants. All units are on month to month agreements. Please call for more information Owner has completed some updates and building is in good shape.
Year
Property tax
Land + Additions
Assessment*
2023
$4,236 (+6.5%)
$24,650 + $123,190
$147,840
2022
$3,978
$24,650 + $123,190
$147,840
2021
$3,978 (+2.2%)
$24,640 + $123,200
$147,840
2020
$3,894 (−1.9%)
$24,640 + $123,200
$147,840
2019
$3,971 (+0.4%)
$24,640 + $123,200
$147,840
2017
$3,954 (+0.3%)
$19,530 + $115,850
$135,380
2016
$3,941 (+2.1%)
$19,530 + $115,850
$135,380
2014
$3,860 (+14.0%)
$19,530 + $115,850
$135,380
2011
$3,386
$60,900 + $91,630
$152,530
Tax history for 7 Otis St
Year
Property tax
Land + Additions
Assessment*
2023
$4,236 (+6.5%)
$24,650 + $123,190
$147,840
2022
$3,978
$24,650 + $123,190
$147,840
2021
$3,978 (+2.2%)
$24,640 + $123,200
$147,840
2020
$3,894 (−1.9%)
$24,640 + $123,200
$147,840
2019
$3,971 (+0.4%)
$24,640 + $123,200
$147,840
2017
$3,954 (+0.3%)
$19,530 + $115,850
$135,380
2016
$3,941 (+2.1%)
$19,530 + $115,850
$135,380
2014
$3,860 (+14.0%)
$19,530 + $115,850
$135,380
2011
$3,386
$60,900 + $91,630
$152,530
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
—
Sq. Ft.
2,784
Year built
1870
Style
Multi-Family (5+ Unit)
County
Windham County
APN
2604316
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2023.
Property details
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 2,784
Stories: 2.0
Lot Size: 0.32 acres
Style: Multi-Family (5+ Unit)
Year Built: 1870
Year Renovated: —
County: Windham County
APN: 2604316
Home facts updated by county records on Jul 10, 2023
Around this home
Schools
Killingly Central School
Public PreK-2 • Assigned • 0.4mi
Killingly Intermediate School
Public 5-8 • Assigned • 0.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
53% 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
Killingly, CT • 06241
Average low and high temperatures (°F)
34
18
36
19
51
31
61
40
69
49
81
59
85
65
81
57
75
54
65
43
52
33
39
23
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, placing it below the
U.S. average for solar exposure.