34 days on market
Active
More about this Property

If you are interested in more information or having a tour of this property with an experienced agent, please fill out this quick form and we will get back to you!


454 Norwich Westerly Road, North Stonington CT 06359

Current Price: $599,000

8 beds 4 baths 2998 sq. ft

Last Update: 5/9/2024

Property Type: Multi-Family For Sale

Public Remarks

Unique opportunity! Airbnb potential! 4 single family houses on one record, 5 minutes from Foxwoods. One of the houses is a tear down. Two of the homes are in a good shape, 2BR and 1BA each, one rented at $1250. and one at $1300., excellent tenants. Last home is an Airbnb, 3BR, 1BA, excellent condition, fully furnished and operating. The Airbnb unit sleeps 6. $359/weekend night, $129/weeknight as compared to Foxwoods hotel which is $600+ on weekend nights, approx. $42,603/year gross. Conveys fully furnished with future bookings. Value of the furnishings is about $22,000 new, materials and labor. Total gross income: House 1 - $0., House 2 - $1250/mo. = $15000/yr., House 3 - $1300/mo. = $15,600/yr., House 4 - $3550/mo. = $42,603/yr. Airbnb proforma $6100.25/mo.= $73,203/yr. Well and septic. Owner paid propane heat, electricity, and Wi-Fi at the Airbnb unit, 300-$350/mo. $3,600-$4,200/year. Insurance - $5302.08/year. Taxes - $5444.62/year. All other houses tenant paid utilities. No deferred maintenance or problems in the 3 houses. Owner looking for offers!!!

Map to Property at 454 Norwich Westerly Road, North Stonington CT 06359


GPS FRIENDLY | Rt. 2 to 454 North Westerly Road, North Stonington

Residential Property Information for 454 Norwich Westerly Road, North Stonington CT 06359

MLS #: 24008541

Style: Units on different Floors,Units are Side-by-Side

Color: Tan

Total Rooms:

Bedrooms: 8

Bathrooms: 4

Acres: 3.83

Year Built: 1947 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $5,445

Zoning: R80

Mil Rate:

Assessed Value: $187,810 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 2998; below grade sq feet total is ; total sq ft is 2998

Features
Fireplaces: 0
Attic: Walk-up
Basement Desc.: Full,Unfinished,Storage,Interior Access,Full With Hatchway
Exterior Siding: Vinyl Siding
Exterior Features: Porch,Gutters,Lighting
Foundation: Concrete
Roof: Asphalt Shingle
Parking Spaces: 1
Garage/Parking Type: Detached Garage
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Utility Information

Hot Water System Oil,Propane,Domestic

Heat Type: Baseboard,Hot Air

Fueled By: Oil,Propane.

Cooling: Window Unit

Fuel Tank Location: In Basement

Water Service: Shared Well

Sewage System: Septic

School Information

Elementary: North Stonington

Intermediate: Per Board of Ed

Middle: Wheeler

High School: Wheeler

Marketing History

Current List Price: $599,000

Original List Price: $599,000

DOM: 34

Listing Date: 4/5/2024

Last Updated: 4/5/2024 8:06:25 PM