454 Norwich Westerly
North Stonington, CT 06359
- 8 beds
- 4 baths
- 2,998 sqft
- ~4 acre lot
- $199 per sqft
- 1947 build
- – on site
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!!!
Listing courtesy of SMART_MLS / Michelle Lorenzetti / Premier R.E. Investment Group
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Last updated May 5, 2024
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MLS# 24008541 —
This property is listed in more than one place. See it here.
Walk Score®
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Bike Score®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/5/24
Apr 5, 2024
|
Listed / Active | SMART_MLS | $599,000 |