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$850,000

  • Sold
  • Closed
  • Multi-Family
  • 11 Total Beds
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Rare opportunity to own 8 Units in East Lyme CT. This portfolio comprises of two lots. Lot #1 MLS #(170548332) 46 Boston Post Road is a 3bd, 1,500 sq/ft single family on an adjacent lot. Lot #2- 40-44 Boston Post Road consists of two single family homes and a 5-unit multifamily. These properties have beautiful views of Latimer Brook and Banning Cove. Commercially zoned 2 acre lot. This could be a perfect location for Airbnb rentals or realize the upside by increasing the below market rents. Single Family is available separately. Year built is an approximate of all buildings. Property to be sold as is. Other two Units are the 1bd, 1bath single family and a 2bd /1 bath single family. Rented for $850 and $1,050 respectively. Price includes 46 Boston Post Road (Single Family on separate deed)

Full Property Details for 40 Boston Post Rd

General

  • Sold For: $850,000
  • Taxes: $8,229 (July 2022-June 2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 170547913
  • Added to Site: 1, 116 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 7

Bedrooms

  • Total Bedrooms: 11

Parking

  • Parking: Parking Lot
  • Garage Description: Parking Lot

Location

  • County: New London
  • Neighborhood: Flanders Village
  • Driving Directions: GPS Accessible. Best to park at 40 Boston Post Road - Large parking lot.

School Information

  • Elementary School: Flanders
  • High School: East Lyme

Community

  • Community Name: Flanders Village

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Baseboard, Radiator, Electric, Natural Gas, Oil
  • Heating Fuel: Electric, Natural Gas, Oil
  • Water Heater: 65 Gallon Tank, Electric

Utilities

  • Sewer: Septic
  • Water: Public Water Connected

Structural Information

  • Construction Status: No/Resale
  • Exterior Const.: Frame, Vinyl Siding, Wood
  • Basement Desc.: Full
  • Roof: Asphalt Shingle, Metal
  • Square Feet: 5,800
  • Year Built: 1850

Unit Information

Unit 1

  • Square Feet: 1500
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 2
  • Zoning: CA
  • Lot Description: Water View, Level Lot

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Direct Waterfront, River

Financial Considerations

  • Assessment Amount: $345,170
  • Tax Amount: $8,229
  • Tax Year: July 2022-June 2023

Disclosures and Reports

  • Property ID: 1470985

Listed by Lakeshore Realty, Brendon Mansaku
Sold by Lakeshore Realty, Ilir Dedvukaj

Listing agent

— 40 Boston Post Rd —

  • Brendon Mansaku

    Lakeshore Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 Boston Post Rd

School District:East Lyme School District
NameGradesDistance
East Lyme High School
30 Chesterfield Road, East Lyme, CT 06333
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Boston Post Rd

Date
Details
Price
Change
Source
5/01/2023
Sold
$850,000
-22.73%
MLS
2/02/2023
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lakeshore Realty, Brendon Mansaku
Sold by Lakeshore Realty, Ilir Dedvukaj

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40 Boston Post Road, East Lyme, CT 06333 (MLS# 170547913) is a Multi-Family property that was sold at $850,000 on May 01, 2023. Want to learn more about 40 Boston Post Road? Do you have questions about finding other Multi-Family real estate for sale in East Lyme? You can browse all East Lyme real estate or contact a Coldwell Banker agent to request more information.