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1259 Wolcott Road 1259 Wolcott Rd 6 Unit Apartment Building $899,900 ($149,983/Unit) Wolcott, CT 06716
Investment Highlights
- Four of the six apartments have been tastefully updated
- Excellent opportunity for both investors and owner-occupants seeking a reliable asset in a strong rental market.
- Turnkey six-unit multifamily residence offering the perfect combination of modernized interiors and extensive capital upgrades
Executive Summary
Welcome to 1259 Wolcott Road - a turnkey six-unit multifamily residence offering the perfect combination of modernized interiors and extensive capital upgrades. Inside, four of the six apartments have been tastefully updated with new flooring, refreshed bathrooms, upgraded appliances, energy-efficient windows, enhanced electrical systems, fresh paint, new cabinetry, and interior doors. The property's recent exterior enhancements include rebuilt front and back staircases and decks, new walkways, a re-graded gravel parking area, a brand-new oil tank, boiler room upgrades, roof repairs, and refreshed exterior finishes. The grounds are neat, well-kept, and easy to maintain. With these major updates already completed, this low-maintenance investment offers stable income potential and long-term durability-an excellent opportunity for both investors and owner-occupants seeking a reliable asset in a strong rental market.
Property Facts
| Price | $899,900 | Building Class | C |
| Price Per Unit | $149,983 | Lot Size | 1.37 AC |
| Sale Type | Investment | Building Size | 3,281 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Low-Rise | ||
| Zoning | GC - General Commercial | ||
| Price | $899,900 |
| Price Per Unit | $149,983 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.37 AC |
| Building Size | 3,281 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | GC - General Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,550 | 550 - 700 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | WOLC-000119-000003-000004B | Improvements Assessment | $131,430 |
| Land Assessment | $77,890 | Total Assessment | $209,320 |
Property Taxes
Parcel Number
WOLC-000119-000003-000004B
Land Assessment
$77,890
Improvements Assessment
$131,430
Total Assessment
$209,320
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1259 Wolcott Road | 1259 Wolcott Rd