9 Allen , Cromwell, CT 06416

$460,000
  • 9 Allen , Cromwell, CT 06416 Main Photo

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New to the Market Active
BEDS6 BATHS3 full SQUARE FEET2,698 MLS#24192280
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Value-Add Investment Opportunity in Cromwell! Calling all investors, contractors, and rehab buyers! Welcome to 9 Allen Road, a historic 3-family multi-family home built in 1800, offering immense potential. With a spacious layout totaling 2,698 square feet of living space, this property features 6 bedrooms and 3 full baths distributed across 3 units (each with its own kitchen). Situated on a level 0.49-acre lot, the property benefits from highly desirable public water and public sewer connections. Notable mechanical updates include a 200-Amp electrical service upgrade (2017) and a newer architectural shingle roof (2018). The property does require significant work and is ready for your sweat equity or a complete renovation to maximize its rental yield. Perfect for a rehab loan, portfolio lender, or cash transaction looking to add a strong cash-flowing asset to their portfolio. Listing Status: Sold AS-IS, WHERE-IS. Financing: May not qualify for conventional financing on the basis to condition; cash, hard money, or rehab loans (like FHA 203k) are highly recommended. Special Condition: All offers must include the As-Is Addendum to be considered. Bring your vision and restore this historic multi-family to its full potential!

9 Allen | MLS# 24192280

This multi-family property located at 9 Allen , Cromwell, CT 06416 is currently listed for sale with an asking price of $460,000. Search Cromwell real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Full With Hatchway
Cooling: None
Fuel Type: Oil
Heating: Hot Water
Home Style: Units on different Floors, Units are Side-by-Side
Lot Size: 0.49 Acres
Roof Type: Asphalt Shingle
Taxes: $5,916
Year Built: 1800

Feature Descriptions

Days on Site: 1
Exterior: Aluminum
Exterior: Shed
Lot: Level Lot
Sewer: Public Sewer Connected
Units: 3
Water: Public Water Connected
Waterfront: Not Applicable

Local Schools

High School: Cromwell
Elementary School: Per Board of Ed

Listed By / Shown By

Listing By

Agency Name: Berkshire Hathaway NE Prop.
Agent Name: Seth Winkleman
Agency Phone: (860) 677-4949

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 1,650.93 per month $1,023.76 Principal & Interest $493.00 Property Tax $134.17 Homeowner's Insurance

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