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678 Colonel Ledyard Highway

Ledyard, CT 06339
  • $399,000
  • STATUS: Active
  • ON SITE: 237 Days
  • MLS #: 170387131
UPDATED: 35 min ago
$399,000
  • 5
    BEDS
  • 1.15
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 2,483
    SQFT
  • $161
    $/SQFT
Type:
Multi-Family
Built:
1931
County:
Area:

School Information

Elementary School:
High School:

Description

Two-Family with restaurant. A great mixed-use investment opportunity! Located on Colonel Ledyard Highway, this property is the beneficiary of a daily traffic count of roughly 5,000 vehicles per day and is highly visible from the road. The property currently generates a gross rental income of $43,200 annually. The property consists of one commercial space currently used as a restaurant - currently paying $1,800/month. The two-family residence pays $900/month per unit. Three rentable units in total. All units are leased with long-term tenants in place and a great rental history. The restaurant offers multiple indoor and outdoor dining areas, serving stations, a full and well-equipped kitchen, two restrooms, and additional storage space. The two-family residence offers a 2 bedroom / 1 bathroom unit on the main floor and a 3 bedroom / 1 bathroom unit consisting of the 2nd and 3rd floors. Each unit has its own washer & dryer hookups. Electrical and heating have been upgraded and separated by unit. A new septic system is in place for the restaurant space. Truly a turnkey investment opportunity. Ask your agent for a comprehensive property information packet. Also listed commercial - MLS#170382265

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-11-30T12:10:04.773.
www.ilkatorres.com/homes/115796870
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678 Colonel Ledyard Highway Ledyard, CT 06339

  • Price: $399,000
  • Status: Active
  • On Site: 237 Days
  • Updated: 35 min ago
  • MLS #: 170387131
5
Beds
2
Baths
2
½ Baths
1.15
Acres
2,483
SQFT
$161
$/SQFT
1931
Built
County:
New London
Area:
Ledyard
Elementary School:
per board of ed
High School:
per board of ed
Property Description
Two-Family with restaurant. A great mixed-use investment opportunity! Located on Colonel Ledyard Highway, this property is the beneficiary of a daily traffic count of roughly 5,000 vehicles per day and is highly visible from the road. The property currently generates a gross rental income of $43,200 annually. The property consists of one commercial space currently used as a restaurant - currently paying $1,800/month. The two-family residence pays $900/month per unit. Three rentable units in total. All units are leased with long-term tenants in place and a great rental history. The restaurant offers multiple indoor and outdoor dining areas, serving stations, a full and well-equipped kitchen, two restrooms, and additional storage space. The two-family residence offers a 2 bedroom / 1 bathroom unit on the main floor and a 3 bedroom / 1 bathroom unit consisting of the 2nd and 3rd floors. Each unit has its own washer & dryer hookups. Electrical and heating have been upgraded and separated by unit. A new septic system is in place for the restaurant space. Truly a turnkey investment opportunity. Ask your agent for a comprehensive property information packet. Also listed commercial - MLS#170382265
Exterior Features

Construction Description Frame Driveway Type Private Exterior Siding Vinyl Siding Foundation Type Concrete Lot Description Level Lot Roof Information Asphalt Shingle Style Units On Different Floors Waterfront Description Not Applicable

Interior Features

Attic Description Walk-Up Attic Yn Yes Basement Description Full With Hatchway Cooling System Central AirWindow Unit Heat Type Baseboard Hot Water Description Oil Laundry Room Location Laundry Hookups in Each Unit

Property Features

Bank Owned Property Yn No Direct Waterfront Yn No Fuel Tank Location In Basement Garage Parking Info Off Street ParkingParking Lot Handicap Features Ramps Heat Fuel Type Oil Hoa Yn No Laundry Room Info All Units Have Hook-Ups New Construction Type No/Resale Possession Availability Negotiable Potential Short Sale Yn No Property Sub Type 2 Family Property Tax 9853 Sewage System Septic Sign Yn Yes Swimming Pool Yn No Water Source Private Well Zoning Lcv2

Listing information © 2021 Smart MLS
Listing provided courtesy of Tyler J Gracey of Seaport Real Estate Services.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-11-30T12:10:04.773.
 
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