Active
12-14 Blackall Road
Milford CT, 06460
$1,750,000
$349.51 per sqft
Active
10 Beds
5 Baths
5,007 sqft
Multi-family
Built in 1910
Discover an extraordinary investment opportunity with this unique property steps away from the water in the Borough of Woodmont! No flood insurance is required- just out of the flood zone! 5 separate units spread across two distinct lots with the potential to up the rents - the majority of the tenants are on a monthly basis. Three units with two bedrooms and a well-appointed bathroom, one with 3 bedrooms and amazing water views, as well as an additional one bedroom unit above the garage, perfect for both short-term rentals and long-term tenants. Washer/dryer hookups and appliances included. Situated in the highly desired Woodmont neighborhood, these units provide stunning water views and easy access to the beach. The property is ideal for investors looking to capitalize on the desirable location or for families seeking a multi-generational living arrangement. This listing is a rare find in a sought-after area. Current rental prices are below market value 2/3 bedrooms in this area typically rent for $2500-3000. Projected cap well over 5 percent.
24056096
MLSⓇ ID
October 29, 2024
Listed
December 18, 2024
Updated
Map
12-14 Blackall Road
Milford CT, 06460
Interior Features
Bedrooms
10
Total Bathrooms
5
Full Bathrooms
5
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Window Unit(s)
Heating
Yes
Heating Description
Natural Gas, Forced Air, Hot Water
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Level
Architectual Style
Units on different Floors
Roof
Asphalt
Sewer
Public Sewer
School Information
High School
Per Board of Ed
Elementary School
Per Board of Ed
Other Property Details
Area Name
Woodmont
Taxes
$20,250
Tax Frequency
Annually
Days on Market
51
Garage
Yes
Garage Spaces
3
Parking
Paved, Shared Driveway, Driveway
Parking Total
5
View
Yes
View Description
Water
County
New Haven
Water Source
Public
Pool
No
Zoning
R5
Listed by Leslie Terres with West Shore Realty
Listing Contact: 2035203254
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Data last updated on 12/18/2024 at 5:28 PM UTC