12-14 Blackall Road Active

Milford,CT 06460

$ 1750000

9 Beds

5 Baths

5007 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 5,007 sqft

Price per Sqft $349

MLS Listing ID 24056096

Style Units on different Floors

Bedrooms 9

Full Baths 5

Year Built 1910

Annual Tax Amount $20,250

Lot Size 6,969 Sqft

Property Description

Discover an extraordinary investment opportunity with this unique property steps away from the water in the exclusive 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.

Location

State CT

County New Haven

Zoning R5

Interior

Heating Hot Air,Hot Water

Cooling Ceiling Fans,Window Unit

Exterior

Exterior Feature Sidewalk

Garage Detached Garage,Driveway

Garage Spaces 3.0

Waterfront Description Walk to Water,Beach Rights,Water Community,View

Roof Type Asphalt Shingle

Building

Lot Description Level Lot,Water View

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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