$1,150,000
$1,995,000
42.4%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
7 Baths
8,500 SqFt
SOLD DATE : 11/10/2026
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 8,500 sqft
Price per Sqft $135
MLS Listing ID 24170551
Sold Date 11/10/26
Style Units on different Floors,Units are Side-by-Side
Bedrooms 7
Full Baths 7
Year Built 1975
Annual Tax Amount $12,447
Lot Size 2.560 Acres
Property Sub-Type 5 Family+
Property Description
A stabilized apartment complex just one half mile from the picturesque downtown of Chester, CT. This property features a strong CAP ex profile including a new roof, electrical service, and well water treatment system. A 6% CAP rate is projected at entry assuming fully burdened vacancy, maintenance, and management figures. Each unit pays their own electric bill which includes the cost of heat and hot water. The owners pay for the dumpster, well water and treatment, the common electric bill, taxes, and insurance. Three of the seven residential units in the main building have washer and dryer hookups and there is off street parking for all units. A 1,500 square foot warehouse is positioned along the driveway at the base of the hill.
Location
State CT
County Middlesex
Zoning PRD
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Detached Garage, Driveway
Garage Spaces 1.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Treed
Foundation Concrete
Sewer Septic
Water Public Water Connected, Private Well
Schools
Elementary Schools Chester
High Schools Per Board Of Ed
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Bought with Connor Wenchell • VC Property Group, LLC
