This Multifamily Property is no longer advertised on LoopNet.com.

24 Wedgewood Dr
Griswold, CT 06351
13% CAP | 17 Units | Near Casino! · Multifamily Property For Sale · 17 Units

Property Facts

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.59 AC
Building Size 15,000 SF
Average Occupancy 100%
No. Stories 2
Year Built 1910
Parking Ratio 3/1,000 SF
Zoning Comm/Ind

About 24 WEDGEWOOD DR , GRISWOLD, CT 06351

This offering consists of two properties on one deed with a total of 17 units, located close to the Casinos with a 13% CAP rate. The larger asset is 13 units and the smaller asset is 4 town-house style units. Overall, the unit mix is 5 one bedroom apartments and 12 two bedroom apartments. The utilities are separate and tenants are paying their own heat, hot water and electric. There is a large parking lot with approx. 25 parking spaces. The wood porches that were all replaced in 2007, there is a fire system that connects to the fire department and the larger property has newer siding. The location is off State Hwy 138 - great for commuters. Sale is 24 Wedgewood Dr and 13 Dey St.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - -
2+1 12 - -

Property Taxes

Property Taxes

Parcel Number
GRIS-000035-000081-000001
Land Assessment
$78,400
Improvements Assessment
$240,380
Total Assessment
$318,780
  • Listing ID: 8946827

  • Date on Market: 9/1/2017

  • Last Updated:

  • Address: 24 Wedgewood Dr, Griswold, CT 06351

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