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$545,000
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Property Description
Featuring 5 units with reliable tenants, this property provides steady cash flow. The updated roof and exterior ensure durability, while the central location offers easy access to local amenities. Value add opportunities, off street parking, large units, and low maintenance. **NEW EV CHARGERS ON SITE. GOI:75,240 expenses: 12,757 NOI: 62,483 PROFORMA NOI:89,843
Full Property Details
Full Property Details for 124 Main St
General
- Sold For: $545,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24101739
- Added to Site: 240 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Parking
- Parking: None
Location
- County: New London
- Driving Directions: GPS Friendly
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: Attic Fan, Window Unit
- Heating Type: Baseboard, Electric
- Heating Fuel: Electric
- Water Heater: Electric, Domestic
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Other
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Roof: Asphalt Shingle
- Square Feet: 4,620
- Above Ground: 4,620 Sq. Ft.
- Year Built: 1856
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 4
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.2
- Zoning: R-7.5
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $156,870
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1565637
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Schools
Schools serving 124 Main St
School District:Sprague School District
| Name | Grades | Distance |
|---|---|---|
Sayles School 25 Scotland Road, Sprague, CT 06330 | PK-8 | 0.6 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 124 Main St
Date
Details
Price
Change
Source
10/31/2025
Sold
$545,000
-7.63%
MLS
6/29/2025
Listed
$589,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
124 Main Street, Sprague, CT 06330 (MLS# 24101739) is a Multi-Family property that was sold at $545,000 on October 31, 2025. This property was sold by Jennifer Jones from our Old Lyme/Old Saybrook/Essex Office.Want to learn more about 124 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Sprague? You can browse all Sprague real estate or contact a Coldwell Banker agent to request more information.


