1780 Boston Post Rd, Old Saybrook, CT

Name: 1780 Boston Post Rd, For Sale in Old Saybrook - Zoocasa
Brand: Carbutti &amp; Co., Realtors
SKU: 24149701
Price: 850000 USD

House

For Sale

Listed price in listed location currency (USD).

$850,000

430

MLS® 24149701

Overview

Key Facts

Type

Levels Residential Income

Size -

Garage

Taxes $5,896

Days Active 88

Lot Size

Approx. Age 1912

MLS® Number 24149701

Property Address: 1780 Boston Post Rd, Old Saybrook, CT, 06475-1641

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

Description

Commercial Mixed Use, cross-posted on MLS alternative # 24149460. 7.06 CAP r a t e ~ Prime mixed-use investment property offered at $850, 000 along the high-visibility Route 1 corridor. The asset consists of three total units of office/retail space with direct road frontage and two residential apartments privately situated in the rear. Trusted General Contractor currently rents the rear yard space at $1, 000/month. Projected gross income totals $90, 000/year. Incorporating a 10 p e r c e n t vacancy & repairs reserve, the stabilized effective gross income is $81, 000/year. Operating expenses total $20, 945/year (real estate taxes: $5, 896 | insurance: $5, 879 | electric: $4, 600 | oil: $1, 350 | propane: $1, 620 | snow removal/water/septic: $1, 600), resulting in a net operating income (NOI) of $60, 055/year. At the asking price of $850, 000, the asset delivers a 7.06 CAP r a t e, with long-term value preservation and upside through future rent adjustments. Strong location, consistent cash flow, and limited supply of mixed-use product on Route 1 make this an ideal long-term hold, 1031 exchange target, or portfolio addition.

MLS® Number24149701

Laundry LevelFirst Floor

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1912

BasementFull, Unfinished

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 17, 2026List Date

$850,000List Price

-End Date

Not Sold YetSold Price

For Rent

Jan 16, 2026List Date

$850,000List Price

Map

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