This beautiful multi-family is located a short distance to both Watertown and Litchfield town centers. Extremely profitable with low risk, the property represents a great investment opportunity. The home features a new roof, windows, freshly painted exterior, refinished floors and a large recently paved driveway. Both units have 2 beds and one bath, with ample storage and plenty of parking. Tenants are in place. This is a must see!!!
Multi-familyProperty Type
1871Year Built
0.46 acresLot Size
$182Est. Price/Sq.Ft.
2 car garageParking
Listed by Dawn Cabral• West View Properties, LLC
Listed by Matthew Perrin• West View Properties, LLC
Bought with Joseph Conforti• Showcase Realty, Inc.
Source:Smart MLS #170349338
Redfin Estimate
$481,551
$217K since sold in March 2021$36K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 9.6% higher than the average sale price ($439K) of 6 comparable homes.
Older farmhouse style 2 family home with an "in-law" unit also. Somewhat rare to find in a residential area of Watertown. Original home was built in 1871 and sits on .46 acres with Town water and sewer. Plenty of parking and just minutes to shopping and bus service.
Smart MLS #W1075288
Oct 18, 2014
Listing Removed
—
Feb 17, 2014
Listed
$239,900
$91/sq ft
Smart MLS #W1042279
Jan 31, 2008
Listing Removed
—
Sep 12, 2007
Listed
$259,000
$98/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$5,168 (+5.5%)
$51,600 + $88,600
$140,200
2022
$4,899 (+1.1%)
$51,600 + $88,600
$140,200
2021
$4,845 (+4.1%)
$51,600 + $88,600
$140,200
2020
$4,653
$51,600 + $88,600
$140,200
2019
$4,653 (−14.1%)
$51,600 + $88,600
$140,200
2018
$5,418 (+5.4%)
$56,900 + $104,400
$161,300
2017
$5,142 (+3.2%)
$56,900 + $104,400
$161,300
2016
$4,983 (−1.3%)
$56,900 + $104,400
$161,300
2013
$5,048
$88,300 + $112,900
$201,200
Tax history for 198 Litchfield Rd
Year
Property tax
Land + Additions
Assessment*
2023
$5,168 (+5.5%)
$51,600 + $88,600
$140,200
2022
$4,899 (+1.1%)
$51,600 + $88,600
$140,200
2021
$4,845 (+4.1%)
$51,600 + $88,600
$140,200
2020
$4,653
$51,600 + $88,600
$140,200
2019
$4,653 (−14.1%)
$51,600 + $88,600
$140,200
2018
$5,418 (+5.4%)
$56,900 + $104,400
$161,300
2017
$5,142 (+3.2%)
$56,900 + $104,400
$161,300
2016
$4,983 (−1.3%)
$56,900 + $104,400
$161,300
2013
$5,048
$88,300 + $112,900
$201,200
*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
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
1983
Sq. Ft.
2,648
Year built
1871
Style
Multi-Family (2-4 Unit)
County
Litchfield County
APN
917833
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 26, 2023.
Property details
Parking
Garage Information
Garage & Parking: Driveway, Off Street Parking
Garages Number: 2
Interior
Interior Information
Laundry Room Info: Basement Hook-Up(s)
Room Information
Basement Description: Full With Walk-Out
Has Attic
Attic Description: Storage Space
Multi-Unit Information
Total Number of Units: 2
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Aluminum
Exterior Features: Porch-Enclosed
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Masonry
Construction Description: Frame
Color: White
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 2648
Financial
Assessments Information
Assessed Value: $140,200
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Domestic
Heat Type: Baseboard, Radiator
Heat Fuel Type: Oil
Fuel Tank Location: In Basement
Location
School Information
Middle Jr High School: Swift
High School: Watertown
Elementary School: John Trumbull
Location Information
State: Connecticut
Nearby Amenities: Golf Course, Library
Directions: Route 63 - (Litchfield Road) to 198
County: Litchfield
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,648
Stories: 2.0
Lot Size: 0.46 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1871
Year Renovated: 1983
County: Litchfield County
APN: 917833
Home facts updated by county records on Jun 26, 2023
Around this home
Schools
Fletcher W. Judson School
Public 3-5 • Assigned • 0.9mi
6/10
Swift Middle School
Public 6-8 • Assigned • 2.6mi
6/10
Watertown High School
Public 9-12 • Assigned • 1.7mi
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
4/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Watertown, CT • 06795
Average low and high temperatures (°F)
32
17
35
19
51
30
61
39
68
49
79
58
84
65
80
57
74
54
64
43
52
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$458,000 – $554,000
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