87-89 North Street, Windham, CT

NEW TO MARKET

VIEW 33 PHOTOS

87-89 North Street

Windham, CT 06226

$350,000 PRICE
6 Beds
2 Baths
2,981 Sqft
0.21 Acres
1920 Built

This unique investment opportunity at 87-89 North Street in Willimantic, Ct, presents a compelling proposition for investors. The property comprises two single-family homes situated on a single lot, each with its own driveway and access to a large garage located conveniently on the front house's driveway. The rear house, a charming 1, 224 square-foot dwelling, currently offers two bedrooms, a spacious kitchen, dining room, a laundry area, and a full bathroom. Its existing condition presents a stable rental income stream, mitigating risk during the renovation of the front house. The front house, approximately 1, 757 square feet, has been completely stripped to the studs, providing a blank canvas for a renovation. New roof was put on in 2023. The size and layout allow for the creation of a four-bedroom residence, significantly increasing potential rental income or providing expansive living space for an owner-occupant. Rehabilitation plans could incorporate features to maximize rental appeal and profitability. The location is another key advantage. The property's proximity to Main Street places it within easy walking distance and bus lines to shopping mall, restaurants, and Eastern Connecticut State University, providing a strong pool of potential renters. The close proximity to the university creates a consistent demand for housing, don't miss this opportunity!

Listed by

Toni Iandoli
Licensed Real Estate Salesperson
M
View My Profile

Additional Information

ADDITIONAL INFORMATION

ATTIC DESCRIPTION: Pull-Down Stairs
AVERAGE DAYS ON MARKET: 1
BASEMENT DESCRIPTION: Full, Unfinished
DAYS ON MARKET: 1
ELEMENTARY SCHOOL: Per Board of Ed
HIGH SCHOOL: Per Board of Ed
IS OCCUPIED?: Tenant
LIVING AREA SQFT: 2,981
NEIGHBORHOOD: Willimantic
PROPERTY TAX: $6,868
SEWER: Public Sewer Connected
STATUS: Active
STYLE: Other
SUBTYPE: 2 Family
TAX AMOUNT: $6,868
TAX YEAR: July 2024-June 2025
TYPE: Multi-Family For Sale
UNIT COUNT: 2
YEAR BUILT: 1920
YEAR BUILT DETAILS: Public Records
ZONING: NPR2

INTERIOR/EXTERIOR FEATURES

ATTIC: Yes
BEDS: 6
EXTERIOR SIDING: Clapboard
FIREPLACES: 1
FULL BATHS: 2
FURNACE TYPE: Oil
HEAT: Oil
HEAT FUEL: Oil
HOT WATER: Tank Size Unknown
ROOF: Asphalt Shingle
ROOMS: 12
TOTAL BATHS: 2

Mortgage Calculator

Mortgage Term

Years

Interest Rate

%/Year

Principal Amount

in US Dollars

Down Payment

Amortization

Years

Your Estimated Payment

-- Monthly Payment

Down Payment
Required --
Mortgage
Principal --
Still Owing at the
End of Term --

Location for 87-89 North Street, Windham, CT

Request More Info

Toni Iandoli
Licensed Real Estate Salesperson
M

View My Profile

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.

By clicking Send Message, I agree a Sotheby's International Realty Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy

Request More Info for 87-89 North Street, Windham, CT

Toni Iandoli
Licensed Real Estate Salesperson
M

View My Profile

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.