224 Echo Lake Road, Watertown, Connecticut 06795

$259,900
1,974
SqFt
List Price
$259,900
Status
ACTIVE
MLS#
170542258
Year Built
1955
Style
Units on different Floors
Acres
0.28
Living Area
1,974
Neighborhood
Oakville

Property Description

This Mixed-Use Property comes with 2 Residential Units totalling 1,974 square feet AND a beautifully and newly renovated 1,140 square foot Commercial Space! The Commercial Unit includes: -High traffic location with excellent exposure -1st floor unit -Newly remodeled with natural gas heat and central air -BRAND NEW High Efficiency, On-Demand Boiler/Furnace! This is the PERFECT space for retail, medical or office. It can be rented for $900-$1,000/month. This is a fantastic opportunity to obtain an income-producing property! Your business can thrive in the completely remodeled first floor space while the residential units cover all expenses! The residential units: -1st floor tenant pays $575/month and takes care of all plowing and landscaping needs, making for a hassle-free transition! (month-to-month lease). It is an efficiency unit with 2 rooms and full bath (approximately 900 sq. feet) -2nd floor tenant pays $1,000 per month (lease expires 5/2023). It has 2 bedrooms, built-in storage and a full bathroom. This is an opportunity to invest in a turn-key rental income operation! The possibilities are endless!

Additional Information

Taxes
$4,064
Lot Size
12,196
Waterfront Desc
Not Applicable
Heating
Baseboard
Fuel Type
Natural Gas
Cooling System Type
None
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Basement
Concrete Floor
Exterior
Aluminum
Elementary School
Per Board Of Ed
High School
Per Board Of Ed

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Melissa Fusco from Better Living Realty, LLC

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