454 Norwich Westerly Road, North Stonington, CT, 06359
10 rooms
7 beds
3 Full baths
1947
Cape Cod
2,998 sqft
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!!!
Status:
Active
Type:
Single-family residential
Zoning:
R80
Garage:
1-car Detached Garage
Heating:
Baseboard, Hot Air
Cooling:
Window Unit
Basement:
Full, Unfinished, Interior Access, Full With Hatchway
Acreage:
3.83
Est. Taxes:
$5,445
Assessment
$187,810
Lot Description:
Level Lot
Elementary School:
North Stonington
Middle School:
Per Board of Ed
High School:
Wheeler
Days on Market:
37
Appliances:
Oven/Range, Microwave, Refrigerator
MLS #:
24005073
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School Info
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Listing courtesy of Michelle Lorenzetti, Premier R.E. Investment Group Email: michellelorenzetti@sbcglobal.net