LOCATION

LOCATION, LOCATION! R arely Avilable 4 unit Asset near University of Connecticut. This investment opportunity is 100% occupied with long term tenants and has the following Unit Mix: 2- 1 bedroom units rented for $900 and $1, 000; 1 - 2 bedroom unit rented for $1, 000; and, 1 3 bedroom unit rented for $1, 400.

There is immense potential in cultivating value through increasing rents and taking advantage of the shortage of housing at UCONN. There is a brand new well pump, a tremendous amount of off-street parking and a parklike yard. The asset is inspected by the Town of Mansfield Housing Authority every other year and every year by the Fire Marshall. The owner is in compliance and has a certificate. Tenants are all on Month to Month Agreements.

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on 130 Maple Rd
in Mansfield, CT
Presented by The Cozzi Team at
Berkshire Hathaway HomeServices New England Properties - Glastonbury.


Property MLS #170610565 from SMARTMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 7

+ Other Rooms

Total Rooms: 19
Basement Description: Full, Storage

+ Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

+ Heating and Cooling

Cooling Features: Window Unit
Heating Features: Heat Fuel Type: Oil, Heat Type: Baseboard
Heating Fuel: Oil

+ Exterior and Lot Features

Shed
Porch
Deck
Gutters
Garden Area
Lighting

+ Land Info

Lot Description: Level Lot
Lot Size Acres: 1.53
Lot Size Square Feet: 66647

+ Garage and Parking

Garage Spaces: 1
Garage Description: Detached Garage

+ Amenities and Community Features

Lake
Park
Shopping/Mall
Stables/Riding

+ School Information

Elementary School: Per Board of Ed
High School: Per Board of Ed
+ Display Complete School Details

Mansfield Middle School School is a public elementary and middle school located approximately 0.8 miles away.
Map directions

E. O. Smith High School is a public high school located approximately 1.3 miles away.
Map directions

Mt Hope Montessori School is a private elementary school located approximately 3.4 miles away.
Map directions

Windham CDT is a private elementary, middle and high school located approximately 3.4 miles away.
Map directions

+ Rental Info

Gross Income: 51600

+ Multi-Unit Info

Number of Units: 4

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 6140
Source Listing Status: Active
County: Tolland
Directions: GPS friendly
Source Property Type: Multi-Family For Sale
Postal Code Plus 4: 2515
Zoning: RAR90
Property Subtype: 4 Family
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$148,200 + $46,600 $194,800	$5,918
2021	$148,200 + $46,600 $194,800	$6,113
2020	$148,200 + $46,600 $194,800	$6,113
2019	$129,800 + $49,000 $178,800	$5,611
2018	$129,800 + $49,000 $178,800	$5,521
2017	$129,800 + $49,000 $178,800	$5,477
2016	$129,800 + $49,000 $178,800	$5,341
2015	$129,800 + $49,000 $178,800	$5,341
2013	$136,640 + $59,430 $196,070	$5,480
2006	$125,720 + $44,520 $170,240	$3,895
2005	$unknown + $unknown $170,240	$3,747
2004	$10,400 + $103,200 $113,600	$3,514
2001	$10,400 + $143,200 $153,600	$4,047

+ Reveal Property Sale History

Price Changed 2024-05-02
$469,000
SMARTMLS

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Price Changed 2024-03-25
$480,000
SMARTMLS

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Price Changed 2024-01-09
$499,000
SMARTMLS

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Listed 2023-11-16
$519,000
SMARTMLS

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Sold 2004-03-01
$254,000
Public Record

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Sold 1990-12-07
$235,000
Public Record

+ Commercial Info

Net Operating Income: 29760
Operating Expense: 21840

+ Building and Construction

Total Square Feet Living: 2646
Year Built: 1850
Above Grade Finished Area: 2646
Building Exterior Type: Clapboard, Wood
Construction Materials: Frame
Foundation Details: Stone
Property Age: 174
House Style: Units on different Floors, Units are Side-by-Side
Total Area Sqft: 2646

+ Utilities

Sewer: Septic
Water Source: Private Well