454 Norwich Westerly Road, North Stonington, CT

$599,000

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7

Beds

3

Baths

2,998

Square feet

3.83

Acres

About 454 Norwich Westerly Road

Unique opportunity! Airbnb potential! 4 single family houses on one record, 5 minutes from Foxwoods. One of the houses is a tear down. Two of the homes are in a good shape, 2BR and 1BA each, one rented at $1250. and one at $1300., excellent tenants. Last home is an Airbnb, 3BR, 1BA, excellent condition, fully furnished and operating. The Airbnb unit sleeps 6. $359/weekend night, $129/weeknight as compared to Foxwoods hotel which is $600+ on weekend nights, approx. $42,603/year gross. Conveys fully furnished with future bookings. Value of the furnishings is about $22,000 new, materials and labor. Total gross income: House 1 - $0., House 2 - $1250/mo. = $15000/yr., House 3 - $1300/mo. = $15,600/yr., House 4 - $3550/mo. = $42,603/yr. Airbnb proforma $6100.25/mo.= $73,203/yr. Well and septic. Owner paid propane heat, electricity, and Wi-Fi at the Airbnb unit, 300-$350/mo. $3,600-$4,200/year. Insurance - $5302.08/year. Taxes - $5444.62/year. All other houses tenant paid utilities. No deferred maintenance or problems in the 3 houses. Owner looking for offers!!!

Features of 454 Norwich Westerly Road

MLS® # 24005073
Price $599,000
Bedrooms 7
Bathrooms 3.00
Full Baths 3
Square Footage 2,998
Acres 3.83
Year Built 1947
Type Single Family For Sale
Style Cape Cod
Status Active

Community Information

Address 454 Norwich Westerly Road
Area N/A
City North Stonington
County New London
State CT
Zip Code 06359

Amenities

Parking Detached Garage
Garage Spaces 1
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Appliances Oven/Range, Microwave, Refrigerator
Heating Baseboard, Hot Air, Oil, Propane
Cooling Window Unit
Fireplace No

Exterior

Exterior Vinyl Siding
Exterior Features Porch, Gutters, Lighting
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Concrete

School Information

Elementary North Stonington
Middle Wheeler
High Wheeler

Additional Information

Date Listed March 22nd, 2024
Days on Market 42
Zoning R80
RE / Bank Owned No

Listing Details

Office
Premier R.E. Investment Group

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