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252 South Main StreetColchester, CT 06415MLS Number 170002907

  • Price: $204,900The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-11-02

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 4Bedrooms
  • 2Bathroom
  • 2,418Square Feet
  • 2.9Acreage

Investors take Note!! Back land has potential value to future development deal in excess of $50,000. Thinking about a 2 Family, but want an investment with real value. Single Family now, but this home was previously a 2 family with separate second floor access, can be easily converted. Just add the kitchen, and the layout works perfectly. This home lies right in the middle of the R30 multifamily zone. Add to that, the home sits on 2.9 acres, and adjoins nearly 16 acres of develop-able land. Developer previously approached owner to sell land, but they refused. It will happen again! You should own it when they come back around. Buyer can buy today, and protect future land value when sub-divider wants rear acreage for a planned development. Like money in the bank! One of the most beautiful curb appeals on So Main Street, close to all, but outside the Village District so no special remodel restrictions. Many possibilities with this Signature Home with most of the heavy lifting done. Newer roof, newer windows, and new boiler already done. Needs cosmetics, but a lot already done here!! Come see this gem right in the middle of the Village. Close to shopping and easy Rte 2 access.

Listed by Cteast Team of Boyden Real Estate Company,LLC

Driving Directions

Your Local Office

Willimantic Office
15 Mansfield Ave
Willimantic CT, 06226

Office: 860-456-1554

Ask A Question

Call: Storrs Office 860-429-9351 Willimantic Office 860-456-1554 or send a message:

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More Info

Basic Information

  • StatusACT
  • List Price$204,900
  • Square Feet2,418
  • HoaNo
  • Lease purchaseNo
  • Units2
  • Property subtypeOther
  • Property TypeMulti-Family For Sale
  • Acreage2.9
  • MLS Number170002907

Interior

  • Rooms total multifamily8
  • RoofAsphalt Shingle, Fiberglass Shingle

Exterior

  • ColorWhite
  • Exterior featuresPorch
  • Exterior sidingVinyl Siding

Amenities

  • AmenitiesGolf Course

Other

  • Radon mitigation airNo
  • Radon mitigation waterNo
  • Space is leasedNo
  • View Count13

Tax Information

  • Milrate total30.91
  • Taxes$4,364
  • Tax YearJuly 2016-June 2017
  • Assessed value$141,200

Location

  • StateCT
  • Zip06415
  • CountyNew London

Property

  • Lot DescriptionLightly Wooded
  • Driveway TypePaved, Asphalt
  • Garage
  • Parking Spaces
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Hot water descriptionDomestic, Oil
  • Heating FuelOil
  • Fuel tank locationIn Basement
  • Heat SystemBaseboard
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

School Information

  • Elementary SchoolColchester
  • High SchoolBacon Academy

Rooms

  • Laundry room locationFirst Floor

Building

  • Bedrooms4
  • Bathroom2
  • Year Built1900
  • Property StyleUnits on different Floors
  • Energy FeaturesThermopane Windows
  • FoundationMasonry
  • Garage Parking InfoOn Street Parking
  • New construction typeNo
  • AtticNo
  • Attic descriptionPartially Finished, Floored
  • BasementFull With Hatchway
  • Full Bath2

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

Auction

  • Bank owned propertyNo

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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