34 Franklin Street Street, SaugatuckWestport, CT 06880MLS Number 170432769

  • Price: $750,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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34 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 0688034 Franklin Street Westport CT 06880
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  • 4Bedrooms
  • 0.13Acreage
  • 3Bathrooms
  • 1910Year Built

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Exceptional location! This THREE UNIT complex is a great investment opportunity in one of Connecticut's most sought-after towns with it's award winning schools & many amenities such as Compo Beach and Longshore Golf Course. The first floor unit features 2 bedrooms and 1 bath, a good kitchen with newer cabinets. The second unit features 2 bedrooms and 1 bath with a nice kitchen/bathroom and a spacious attic. The commercial kitchen is a third revenue stream and was recently updated and is all up to code. Walk to all Saugatuck has to offer including great restaurants, the Saugatuck River and many water amenities.
Listed by Robert Crowley of S.C.A. Crowley Real Estate

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More Info

Basic Information

  • StatusACT
  • List Price$750,000
  • Square Feet2,350
  • Virtual TourView Tour
  • HoaNo
  • Lease purchaseNo
  • Units2
  • Property subtype2 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.13
  • MLS Number170432769

Interior

  • Rooms total multifamily9
  • RoofAsphalt Shingle

Exterior

  • Colorgray
  • Exterior sidingVinyl Siding

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemWindow Unit
  • Hot water description30 Gallon Tank
  • Heating FuelElectric, Oil
  • Fuel tank locationAbove Ground
  • Heat SystemBaseboard
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Milrate base18
  • Milrate total18.07
  • Taxes$5,499
  • Tax YearJuly 2021-June 2022
  • Assessed value$304,300

Building

  • Bedrooms4
  • Bathroom3
  • Year Built1910
  • Garage Spaces
  • Property StyleUnits on different Floors
  • FoundationStone
  • Garage Parking InfoPaved, Driveway, Off Street Parking
  • New construction typeNo/Resale
  • AtticYes
  • Attic descriptionPull-Down Stairs
  • BasementFull
  • Full Bath2
  • Half Baths1

Water Body

  • Waterfront DescriptionBeach Rights, Walk to Water

Auction

  • Bank owned propertyNo

Other

  • Space is leasedNo
  • Remarks addendumApprox. operating costs: Property Insurance $2400/yr., RE Taxes: $5,499/yr., Cold Water: $780.00/yr., Garbage removal: $900/yr., Misc Landscaping $1,200/yr., Sewer Usage fee: $736.00/yr. First floor rent is $1050.00, second floor rent is $1300 and commercial kitchen rent is $1000/month. These rents are well below market price. No leases in place so flexibility to renovate and bring rents closer to market level. Commercial kitchen is legal and up to code. New hood in place. Ghost kitchen opportunity here.

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Rooms

  • Laundry room infoHook-Up In Unit 2, Washer/Dryer All Units

Location

  • StateCT
  • Zip06880
  • CountyFairfield
  • NeighborhoodSaugatuck
  • Middle Junior High SchoolPer Board of Ed

Property

  • Lot DescriptionLevel Lot
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

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