1259 Wolcott Road, Wolcott, CT 06716 - Photo 1

1/1

$600,000

Sold
Closed
Multi-Family
12 Total Beds

1/1

Property Description

Located in Wolcott, CT, this large multifamily property at 1259 Wolcott Rd. offers a practical investment opportunity with its six units, each featuring two bedrooms and one bathroom. The living spaces are efficiently designed, providing comfortable accommodations for residents. Recent upgrades to the property include a new rear deck, updated bathrooms, and improved exterior lighting, enhancing the overall living experience for tenants. The property boasts a spacious backyard with access to a forest trail, offering outdoor space for residents to enjoy. The septic system and well are in good condition, having been inspected just a year ago. Each unit has its own electrical meter, and there is an additional owner panel, with common charges ranging from $32-40 per month. The owner is responsible for the heat and gas utilities, serviced by a single meter. With new boilers and hot water heaters in place, as well as a roof that is approximately three years old, the property is well-maintained and ready for continued use. Currently at 100% occupancy, this multifamily residence in Wolcott represents a solid investment with steady rental income. The current rents are below market rate and can be raised to $1500 per unit.

Full Property Details

Full Property Details for 1259 Wolcott Rd

General

Sold For: $600,000
Taxes: (July 2023-June 2024)
Status: Closed
Type: Multi-Family
Source: SMARTMLS
MLS ID: 24011427
Added to Site: 228 day(s) ago

Interior

Number of Rooms: 30

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 12

Exterior

Exterior Features: Deck, Gutters, Lighting, Patio

Parking

Total Spaces: 6
Parking: None, Parking Lot, Off Street Parking

Location

County: New Haven
Driving Directions: GPS

School Information

Elementary School: Per Board of Ed
High School: Per Board of Ed

Heating & Cooling

Cooling Type: Window Unit
Heating Type: Baseboard, Hot Air, Natural Gas
Heating Fuel: Natural Gas
Water Heater: Other

Utilities

Sewer: Septic
Water: Private Well

Structural Information

Construction Status: No/Resale
Exterior Const.: Vinyl Siding, Stucco
Basement Desc.: None
Roof: Asphalt Shingle
Square Feet: 3,281
Above Ground: 3,281 Sq. Ft.
Year Built: 1950

Unit Information

Unit 1

Square Feet: 625
Total Bathrooms: 1
Bedrooms: 2

Unit 2

Square Feet: 625
Total Bathrooms: 1
Bedrooms: 2

Unit 3

Square Feet: 6
Total Bathrooms: 1
Bedrooms: 2

Unit 4

Total Bathrooms: 1
Bedrooms: 5

Unit 5

Total Bathrooms: 1
Bedrooms: 2

Unit 6

Total Bathrooms: 1
Bedrooms: 2

Lot Features

Lot Size (Acres): 1.37
Zoning: GC
Lot Description: Treed

Financial Considerations

Assessment Amount: $209,320
Tax Year: July 2023-June 2024

Disclosures and Reports

Property ID: 1443809

Listed and Sold by Berkshire Hathaway NE Prop., Lisa Cozzi Team, Tyler DeVecchis

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Listing agent

— 1259 Wolcott Rd —

Tyler DeVecchis

Berkshire Hathaway NE Prop.

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Schools

Schools serving 1259 Wolcott Rd

School District:Wolcott School District

Rating	Name	Grades	Distance
	Tyrrell Middle School 500 Todd Rd, Wolcott, CT 06716	6-8	4.5 mi
	Wolcott High School 457 Bound Line Rd, Wolcott, CT 06716	9-12	1 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1259 Wolcott Rd

Date

Details

Price

Change

Source

7/03/2024

Sold

$600,000

0.02%

MLS

4/18/2024

Listed

$599,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1259 Wolcott Rd, Wolcott, CT 06716 - Photo 1

Sold

$600,000