For Sale

Listed by Leslie Terres and Michael Tarantino from West Shore Realty

Source: SmartMLS Connecticut #24056096

1214 Blackall Road, Woodmont, CT, 06460

$1,699,000

10
5
5
5007 sq. ft.
0.16 ac.

MultiFam

30+ days on the market

What's around 1214 Blackall Road

About this property

Discover an extraordinary investment opportunity with this unique property steps away from the water in the Borough of Woodmont! No flood insurance is required- just out of the flood zone! 5 separate units spread across two distinct lots with the potential to up the rents - the majority of the tenants are on a monthly basis. Three units with two bedrooms and a well-appointed bathroom, one with 3 bedrooms and amazing water views, as well as an additional one bedroom unit above the garage, perfect for both short-term rentals and long-term tenants. Washer/dryer hookups and appliances included. Situated in the highly desired Woodmont neighborhood, these units provide stunning water views and easy access to the beach. The property is ideal for investors looking to capitalize on the desirable location or for families seeking a multi-generational living arrangement. This listing is a rare find in a sought-after area. Current rental prices are below market value 2/3 bedrooms in this area typically rent for $2500-3000. Projected cap well over 5 percent.

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