Map
Listed price in listed location currency (USD).
$460,000

630

MLS® 24192280

Overview

Key Facts

Type Triplex
Levels Residential Income
Size 2698 sqft
Garage 
Taxes $5,916
Days Active 4
Lot Size 0.49 Acres
Approx. Age 1800
Avg. Price Per Sqft $170
MLS® Number 24192280

Property Address: 9 Allen Road, Cromwell, CT, 06416

Average square foot calculated using Size range provided by listing agent.

Description

Value-Add Investment Opportunity in Cromwell! Calling all investors, contractors, and rehab buyers! Welcome to 9 Allen Road, a historic 3-family multi-family home built in 1800, offering immense potential. With a spacious layout totaling 2, 698 square feet of living space, this property features 6 bedrooms and 3 full baths distributed across 3 units (each with its own kitchen). Situated on a level 0.49-acre lot, the property benefits from highly desirable public water and public sewer connections. Notable mechanical updates include a 200-Amp electrical service upgrade (2017) and a newer architectural shingle roof (2018). The property does require significant work and is ready for your sweat equity or a complete renovation to maximize its rental yield. Perfect for a rehab loan, portfolio lender, or cash transaction looking to add a strong cash-flowing asset to their portfolio. Listing Status: Sold AS-IS, WHERE-IS. Financing: May not qualify for conventional financing on the basis to condition; cash, hard money, or rehab loans (like FHA 203k) are highly recommended. Special Condition: All offers must include the As-Is Addendum to be considered. Bring your vision and restore this historic multi-family to its full potential!
MLS® Number24192280
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1800
BasementFull, Full With Hatchway
Driveway
Garage Spaces
HeatOil, Hot Water
A/CNone

Extras

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