97 Green Hill
Madison, CT 06443
- 5 beds
- 4 baths
- 2,492 sqft
- ~3/4 acre lot
- $337 per sqft
- 1825 build
- – on site
This updated legal two-family Colonial on a 3/4-acre lot presents an exceptional investment opportunity, with a solid cap rate of 7.6%. Situated in a highly desirable neighborhood surrounded by expensive single-family homes, this multi-family asset stands out as a solid addition to any portfolio. Both units have been renovated including mechanicals, electrical, and plumbing helps to ensure low maintenance costs. The interior updates harmonize seamlessly with the historic charm, offering strong tenant appeal. The net operating income of over $63,000, which is stable and with minimal vacancy risk, makes it ideal for both new and seasoned investors seeking reliable cash flow and long-term appreciation.
Last checked:
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Last updated May 24, 2025
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MLS# 24098502 —
The Building
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Year Built:1825
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units are Side-by-Side
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Roof Information:Asphalt Shingle
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Attic:Yes
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Attic Description:Access Via Hatch
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Exterior Siding:Clapboard
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Foundation Type:Stone
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Basement Description:Full, Storage, Interior Access, Concrete Floor, Full With Hatchway
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Energy Features:Storm Windows
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SqFt Total:2492
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SqFt Description:2 apartments1,246 sq ft each total 2,492 sq ft
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SqFt Est Heated Above Grade:2492
Interior
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Laundry Room:Common Laundry Area, Washer/Dryer All Units
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Laundry Room Location:Basement, 2 washers, 2 dryers
Location
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Directions:Mungertown Road North, left on Green Hill to 97-99 Green Hill on right
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Neighborhood:N/A
The Property
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Parcel Number:999999999
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Property Type:Multi-Family For Sale
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Property Subtype:2 Family
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Zoning:RU-2
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Acres:0.76
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Acres Source:Public Records
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Flood Zone:No
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Lot Description:Corner Lot, Treed, Level Lot, Rolling
Listing Agent
- Contact info:
- Agent phone:
- (860) 399-4701
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:6943
Beds
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Beds Total:5
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Hot Air
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Heat Fuel Type:Oil
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Cooling System:Central Air
Utilities
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Water Source:Public Water Connected
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Sewage System:Shared Septic
Schools
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Elementary School:JM Jeffrey
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Middle Or Junior School:Polson
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High School:Daniel Hand
The Community
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Nearby Amenities:Golf Course, Health Club, Library, Medical Facilities, Park, Private School(s), Public Rec Facilities, Tennis Courts
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage & Parking:Detached Garage, Paved, Off Street Parking, Driveway
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Garages Number:3
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Parking Total Spaces:10
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/24/25
May 24, 2025
|
Listed / Active | SMART_MLS | $842,000 |