15-17 Pratt Street

Essex, CT 06426 Directions
$1,195,000 Reduced from $1,495,000 Reduced $300,000
  • 6,880Sqft
  • 0.33Acres
  • 1830Built
  • $174Price/Sqft

Property Highlights

  • Neighborhood: Essex Village
  • Days on Market: 94
  • MLS: 170119736

A Plethora Of Opportunities Exist

Property Highlights

  • Neighborhood: Essex Village
  • Days on Market: 94
  • MLS: 170119736

Some owner financing available on this easy to manage small apartment complex in Essex Village. Consistently 100% occupied. Same absentee ownership/management for 20 years. Property contains 9 apartments - seven one bedroom, 1 two bedroom and 1 three bedroom. Added feature is off street parking for each apartment. Roofs replaced approximately 15 years ago and one of the two septic systems was replaced 2 years ago. Income generation, less than a block from multiple marinas, restaurants and around the corner from Connecticut River Museum and the renowned Griswold Inn. This is the perfect opportunity to invest in residential property in Essex Village

A Plethora Of Opportunities Exist

Property Highlights

  • Neighborhood: Essex Village
  • Days on Market: 94
  • MLS: 170119736

Some owner financing available on this easy to manage small apartment complex in Essex Village. Consistently 100% occupied. Same absentee ownership/management for 20 years. Property contains 9 apartments - seven one bedroom, 1 two bedroom and 1 three bedroom. Added feature is off street parking for each apartment. Roofs replaced approximately 15 years ago and one of the two septic systems was replaced 2 years ago. Income generation, less than a block from multiple marinas, restaurants and around the corner from Connecticut River Museum and the renowned Griswold Inn. This is the perfect opportunity to invest in residential property in Essex Village

A Plethora Of Opportunities Exist

Some owner financing available on this easy to manage small apartment complex in Essex Village. Consistently 100% occupied. Same absentee ownership/management for 20 years. Property contains 9 apartments - seven one bedroom, 1 two bedroom and 1 three bedroom. Added feature is off street parking for each apartment. Roofs replaced approximately 15 years ago and one of the two septic systems was replaced 2 years ago. Income generation, less than a block from multiple marinas, restaurants and around the corner from Connecticut River Museum and the renowned Griswold Inn. This is the perfect opportunity to invest in residential property in Essex Village

Read MoreRead Less
  • Additional Information
    • Area Type: Downtown, Suburban, Historic Area
    • Living Area SqFt: 6,880
    • Neighborhood: Essex Village
    • Present Use: Residential rental
    • Road Frontage Description: Municipal Street
    • Sewer: Shared Septic
    • Tax Amount: $22,543
    • Tax Year: July 2018-June 2019
    • Unit Count: 3
    • Utilities Available: Electric, Telephone, Cable
    • Year Built: 1830

Click to view full screen