Griswold, CT 06351,12 Aspinook Street
Griswold, CT 06351,12 Aspinook Street
Griswold, CT 06351,12 Aspinook Street
Griswold, CT 06351,12 Aspinook Street
Griswold, CT 06351,12 Aspinook Street
Griswold, CT 06351,12 Aspinook Street
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$ 450,000
Est. payment | /mo

7 Beds

4 Baths

2,800 SqFt


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$ 450,000
Est. payment | /mo
Save

7 Beds

4 Baths

2,800 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $160

MLS Listing ID 24150160

Style Units on different Floors,Units are Side-by-Side

Bedrooms 7

Full Baths 4

Year Built 1925

Annual Tax Amount $5,166

Lot Size 7,405 Sqft

Property Sub-Type 4 Family

Property Description

Investor Opportunity - 4-Family with Unit Mix & NOI Upside Excellent opportunity to acquire a 4-unit multifamily investment property with a strong unit mix and clear upside potential walking distance to Jewett City. The building consists of two 1-bedroom units, one 2-bedroom unit, and one 3-bedroom unit (Unit C), providing broad tenant appeal and flexibility for maximizing rental income. Recent improvements include new flooring and fresh paint throughout, along with a significant build-out of two additional bedrooms in Unit C, substantially increasing its rental potential. Units B and D feature new appliances, new countertops, new kitchen cabinets, tile shower, new bath vanities and fixtures, and new windows, enhancing tenant demand and reducing near-term capital needs. The stairs and entry porch for Unit D have been newly rebuilt, improving both safety and curb appeal. Each unit offers two private exterior entrances, minimizing common area maintenance and operating expenses. There is additional NOI upside, as heat and hot water can be separated, allowing utilities to be shifted to tenants and further improving cash flow. The property also benefits from ample off-street parking located directly across from the building, a valuable amenity that supports tenant retention. With recent upgrades already completed and additional value-add opportunities available, this property presents a solid, investor-oriented asset offering both current income and future NOI growt

Location

State CT

County New London

Zoning RBR

Rooms

Basement None

Interior

Heating Hot Water

Cooling None

Exterior

Exterior Feature Sidewalk, Porch

Parking Features Paved, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Brick, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Harrison Graham • IMT Realty
SCHOOLSPROPERTIES
Elementary Schools 4
  • 7

    Griswold Middle School

    Public | 5 - 8

  • 5

    Lisbon Central School

    Public | PK - 8

  • 4

    Griswold Elementary School

    Public | PK - 4

  • 0

    Stoneview Children's University

    Private | PK - 4

High Schools 1
  • 5

    Griswold High School

    Public | 9 - 12

School and business data provided by Attom Data.
Jeff Heidtmann
Jeff Heidtmann

Agent | License ID: 0833116

+1(860) 935-8202 | realtyonect@gmail.com

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12 Aspinook Street