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97 Green Hill Road, Madison CT 06443

Current Price: $800,000

4 beds 4 baths 2492 sq. ft

Last Update: 6/24/2025

Property Type: Multi-Family For Sale

Public Remarks

This updated legal two-family Colonial on a 3/4-acre lot presents an exceptional investment opportunity, with a solid cap rate of 7.9%. Situated in a highly desirable neighborhood surrounded by expensive single-family homes, this multi-family asset stands out as a solid addition to any portfolio. Both units have been renovated including mechanicals, electrical, and plumbing helps to ensure low maintenance costs. The interior updates harmonize seamlessly with the historic charm, offering strong tenant appeal. The 3 bay detached garage has a full width and length storage loft above with separate entrance. The net operating income is substantial and stable with minimal vacancy risk, makes it ideal for both new and seasoned investors seeking reliable cash flow and long-term appreciation. 24 hour prior notice needed - Tenants in Possession. Brokers and Agents: Please vet your buyers prior to scheduling a showing to make sure they are serious, and qualified buyers to minimize disruption to the tenants. Income and Expense summary is available. Thank you for your cooperation. Peter

Map to Property at 97 Green Hill Road, Madison CT 06443


Mungertown Road North, left on Green Hill to 97-99 Green Hill on right

Residential Property Information for 97 Green Hill Road, Madison CT 06443

MLS #: 24098502

Style: Units are Side-by-Side

Color: Gray

Total Rooms:

Bedrooms: 4

Bathrooms: 4

Acres: 0.76

Year Built: 1825 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $6,943

Zoning: RU-2

Mil Rate:

Assessed Value: $315,600 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 2492; below grade sq feet total is ; total sq ft is 2492

Features
Laundry Location & Info: Common Laundry Area,Washer/Dryer All Units  Basement, 2 washers, 2 dryers
Fireplaces: 0
Energy Features: Storm Windows
Energy Features: Storm Windows
Basement Desc.: Full,Storage,Interior Access,Concrete Floor,Full With Hatchway
Exterior Siding: Clapboard
Foundation: Stone
Roof: Asphalt Shingle
Parking Spaces: 3
Driveway Type: Paved
Garage/Parking Type: Detached Garage,Paved,Off Street Parking,Driveway
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Corner Lot,Treed,Level Lot,Rolling
Nearby Amenities: Golf Course,Health Club,Library,Medical Facilities,Park,Private School(s),Public Rec Facilities,Tennis Courts
In Flood Zone: 0
Occupied: Tenant
Utility Information

Hot Water System

Heat Type:

Fueled By: Hot Air.

Cooling: Central Air

Fuel Tank Location: In Basement

Water Service: Public Water Connected

Sewage System: Shared Septic

School Information

Elementary: JM Jeffrey

Intermediate:

Middle: Polson

High School: Daniel Hand

Marketing History

Current List Price: $800,000

Original List Price: $842,000

DOM: 32

Listing Date: 5/22/2025

Last Updated: 6/10/2025 1:40:11 AM

Listing Agent and Broker

List Agent Name: Peter Lucchese

List Office Name: Sound Harbor Realty LLC