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Courtesy: Tyler DeVecchis - Berkshire Hathaway NE Prop.
This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

1259 Wolcott Road,  Wolcott CT, 06716

(Active)
$599,900
|
12 beds, 6 Full baths, 3,281 sqft
|
MLS# 24011427

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Last Updated: 5/6/2024 8:35 AM
Description for 1259 Wolcott Road Wolcott, CT 06716
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.
Price
$599,900
New Haven
12
6 Full
3,281 (approx)
24011427
Active
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.
Listing Information
Property Type: Multi-Family, Other
12 6 Full
30 1.37 Acres 3,281 (approx)
1950 Stucco,Vinyl siding
Well
Septic Tank
Neighborhood
School Information
Per Board of Ed Per Board of Ed Per Board of Ed
Room Information
Bathrooms
6
Interior Features
Window Unit(s)
Gas Heat, Electric Heating, Forced Air, Baseboard
Exterior / Lot Features
6 Parking Spaces, Off Street
Stucco, Vinyl
Deck, Patio
Asphalt
GC
Wooded
Driving Directions
GPS
Financial Considerations
1443809
$6,671
Listing Price History

Wolcott Real Estate

Wolcott is located in Connecticut. Wolcott, Connecticut 06716 has a population of 17,268.

The median household income for the surrounding county is $71,777 compared to the national median of $66,222. The median age of people living in Wolcott 06716 is 41 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
4/18/2024 Active $599,900  USD  49.98% MLS info
2/14/2022 Sold $400,000  USD  public records
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $6,671   USD 3.47% $209,320   USD -
2022 $6,447   USD 15.79% $209,320   USD 24.59%
2021 $5,568   USD - $168,010   USD -
2020 $5,568   USD - $168,010   USD -
2019 $5,568   USD 2.92% $168,010   USD -
Courtesy: Tyler DeVecchis - Berkshire Hathaway NE Prop.
This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.
This content last refreshed on 5/6/2024 8:35 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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