Investor Opportunity! This well-maintained multi-family home provides a gross rental income of $29,400 with great tenants in place. Recent updates include a newer roof ( 10 Years) and updated second unit, featuring a newer kitchen, updated flooring, and modernized bathroom. Centrally located with easy access to major highways, this property is an excellent income-generating investment. The downstairs tenant has been in residence for 30 years and takes excellent care of the property. Don't miss this chance to own a solid, well-kept rental property! As-is sale.
Multi-familyProperty Type
1900Year Built
3,920 sq ftLot Size
$243Est. Price/Sq.Ft.
4 spacesParking
Listed by Shari DiDomenico• Berkshire Hathaway NE Prop.
Listed by Melissa Lombardi• Berkshire Hathaway NE Prop.
Bought with Daniel Stocker• KW Legacy Partners
Source:Smart MLS #24073496
Redfin Estimate
$372,804
$43K since sold in April 2025$20K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26.1% higher than the average sale price ($296K) of 6 comparable homes.
Beautiful two family home with tenants in place. Great opportunity for investor! Gross Rental income is $27,600.00. Property features a newer roof and a 2nd Unit completely renovated back in 2020 some updates were a new kitchen, floors, and bathroom. The downstairs unit has been occupied for 30 years with a long-term tenant who cares for the property. Both units are well taken care of. Great property, Great income, Great tenants. The home is centrally located, and close to major highways.
Smart MLS #170348063
Dec 22, 2020
Sold
$188,000
$122/sq ft
Oct 26, 2020
Contingent
—
Oct 18, 2020
Listed
$199,000
$130/sq ft
INVESTORS TAKE NOTICE $23,100 gross income per year. Great tenants in Place until September 2021. This multifamily is low maintenance with a NEW ROOF! The upstairs unit has been completely renovated from top to bottom featuring a new kitchen, floors, and bathroom. The downstairs unit has been occupied for 30 years with a long term tenant who cares for the property as well as tenants unit. Both units are well taken care of. Landlord of this property is selling because he no longer wants to be a landlord. Great property, Great income, Great tenants. Take advantage of this opportunity. The multifamily is centrally located, and close to major highways. Invest in Real Estate today! 48 hours notice to show because of tenants in place.
Smart MLS #W10199018
Apr 13, 2017
Sold
$145,000
$94/sq ft
Feb 22, 2017
Listed
$149,900
$98/sq ft
Smart MLS #W10145438
Sep 9, 2016
Listing Removed
—
Jun 20, 2016
Listed
$119,900
$78/sq ft
Public Records
Mar 17, 2003
Sold
$110,000
$72/sq ft
Smart MLS #M9072479
Nov 21, 2002
Listed
$115,000
$75/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$4,057 (+0.4%)
$25,700 + $72,650
$98,350
2021
$4,040 (+0.2%)
$25,700 + $72,650
$98,350
2020
$4,033 (−0.5%)
$25,700 + $72,650
$98,350
2019
$4,052 (+3.6%)
$25,700 + $72,650
$98,350
2018
$3,913 (+2.7%)
$25,700 + $72,650
$98,350
2017
$3,809 (+12.4%)
$22,680 + $75,780
$98,460
2016
$3,389 (+2.3%)
$22,680 + $66,720
$89,400
2015
$3,314
$22,680 + $66,720
$89,400
2014
$3,311 (−20.7%)
$22,680 + $66,720
$89,400
2011
$4,176
$64,890 + $68,330
$133,220
Tax history for 676 Saybrook Rd
Year
Property tax
Land + Additions
Assessment*
2022
$4,057 (+0.4%)
$25,700 + $72,650
$98,350
2021
$4,040 (+0.2%)
$25,700 + $72,650
$98,350
2020
$4,033 (−0.5%)
$25,700 + $72,650
$98,350
2019
$4,052 (+3.6%)
$25,700 + $72,650
$98,350
2018
$3,913 (+2.7%)
$25,700 + $72,650
$98,350
2017
$3,809 (+12.4%)
$22,680 + $75,780
$98,460
2016
$3,389 (+2.3%)
$22,680 + $66,720
$89,400
2015
$3,314
$22,680 + $66,720
$89,400
2014
$3,311 (−20.7%)
$22,680 + $66,720
$89,400
2011
$4,176
$64,890 + $68,330
$133,220
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
1,536
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
1011482
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
Property details
Parking
Garage Information
Garage & Parking: Driveway, Paved
Parking Information
Parking Total Spaces: 4
Interior
Interior Information
Total Rooms: 8
Laundry Room Info: All Units Have Hook-Ups
Bathroom Information
# of Baths (Full): 2
Bedroom Information
Beds Total: 4
Room Information
Basement Description: Partial, Partial With Hatchway
Has Attic
Attic Description: Access Via Hatch
Multi-Unit Information
Total Rooms Multi Family: 8
Total Number of Units: 2
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding
Exterior Features: Gutters
Lot Information
Lot Description: Corner Lot, Level Lot
Building Information
Foundation Type: Concrete, Stone
Construction Description: Frame
Color: Gray
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 1536
Driveway Type: Private, Paved
Financial
Assessments Information
Assessed Value: $145,770
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Electric, Domestic
Heat Type: Baseboard, Hot Water
Heat Fuel Type: Propane
Fuel Tank Location: Above Ground
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Directions: GPS Friendly- CT-155 Randolph Rd toward CT-17/Durham. Turn right onto CT-155 E/Randolph Rd. Turn left as the 1st cross street onto Coe Ave. Turn left onto Saybrook Rd.
County: Middlesex
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,536
Stories: 2.0
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Middlesex County
APN: 1011482
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 1
Around this home
Schools
Bielefield School
Public PreK-5 • Assigned • 0.8mi
3/10
Beman Middle School
Public 7-8 • Assigned • 1.4mi
4/10
Middletown High School
Public 9-12 • Assigned • 4.1mi
4/10
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
6/10 Heat Factor
7 days above 96° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Middletown, CT • 06457
Average low and high temperatures (°F)
34
21
36
21
52
33
62
43
70
52
81
61
86
67
81
61
76
56
66
46
54
37
39
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
$355,000 – $429,000
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