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$ 460,000
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9 Allen Road Cromwell, CT 06416
6 Beds
3 Baths
2,698 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,698 sqft
Price per Sqft $170
MLS Listing ID 24192280
Style Units on different Floors,Units are Side-by-Side
Bedrooms 6
Full Baths 3
Year Built 1800
Annual Tax Amount $5,916
Lot Size 0.490 Acres
Property Sub-Type 3 Family
Property Description
Value-Add Investment Opportunity in Cromwell! Calling all investors, contractors, and rehab buyers! Welcome to 9 Allen Road, a historic 3-family multi-family home built in 1800, offering immense potential. With a spacious layout totaling 2,698 square feet of living space, this property features 6 bedrooms and 3 full baths distributed across 3 units (each with its own kitchen). Situated on a level 0.49-acre lot, the property benefits from highly desirable public water and public sewer connections. Notable mechanical updates include a 200-Amp electrical service upgrade (2017) and a newer architectural shingle roof (2018). The property does require significant work and is ready for your sweat equity or a complete renovation to maximize its rental yield. Perfect for a rehab loan, portfolio lender, or cash transaction looking to add a strong cash-flowing asset to their portfolio. Listing Status: Sold AS-IS, WHERE-IS. Financing: May not qualify for conventional financing on the basis to condition; cash, hard money, or rehab loans (like FHA 203k) are highly recommended. Special Condition: All offers must include the As-Is Addendum to be considered. Bring your vision and restore this historic multi-family to its full potential!
Location
State CT
County Middlesex
Zoning R-15
Rooms
Basement Full, Full With Hatchway
Interior
Heating Hot Water
Cooling None
Exterior
Exterior Feature Shed
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Cromwell
Listed by Seth Winkleman • Berkshire Hathaway NE Prop.
NEARBY SCHOOL & BUSINESS