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55 Chesterfield Road, Montville, CT 06370

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For Sale

$661,000

4 beds • 3 baths • 1 half baths • 1,366 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • Newly Listed
    Time on Century 21

  • 1961
    Year built

  • $483.89
    Price per square foot

Explore this Property

Welcome to this beautifully renovated multi-unit property, offering THREE mobile home lot rentals with LONG TERM tenants. as well as a two completely updated rental apartments. The property boasts a new roof and siding, enhancing both its durability and curb appeal. Both the upper and lower units have been meticulously renovated with brand-new kitchens and bathrooms, showcasing modern finishes and high-quality materials. First floor includes three bedrooms, 2.5 baths with beautiful hardwood throughout. The basement apartment, with its own private entrance is one bedroom and one full bath. Additional features include a new electrical system, plumbing and state of the art well pump, ensuring reliable and efficient utility service. LARGE 2 car garage with high ceilings. The three mobile home lots, each currently leased to long-term tenants at $650 per lot. The mobile homes are owned privately by tenants. These lots give a steady stream of rental income and contribute significantly to the property's overall revenue potential with minimal upkeep. This property is an excellent opportunity for savvy investors or homeowners looking to live in one unit while generating rental income from the others. Located in a desirable area with easy access to local amenities, this multi-unit property combines modern living with substantial financial benefits. This property is taxed as a Mobile home park and is a commercial property, COMMERCIAL financing or cash
MLS# 24046045

Courtesy Of Coldwell Banker East Lyme/Mystic

(860) 739-6277

Property Features

  • Cooling
    Central A/C
  • Fireplace Count
    1 Fireplace
  • Lot Size
    3.06 Acres
  • Sewer
    Public
  • Style
    Other Style
  • Water
    Other Water Source

Map and Directions

Directions to 55 Chesterfield Road, Montville, CT 06370

Home seller CENTURY 21 Shutters & Sails

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Shutters & Sails

(860) 331-1510
Learn More About Us

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Monthly Payment Breakdown

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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