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 |
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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 |
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Area | N/A |
City | North Stonington |
County | New London |
State | CT |
Zip Code | 06359 |
Amenities
Parking | Detached Garage |
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Garage Spaces | 1 |
Is Waterfront | No |
Waterfront | Not Applicable |
Has Pool | No |
Interior
Appliances | Oven/Range, Microwave, Refrigerator |
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Heating | Baseboard, Hot Air, Oil, Propane |
Cooling | Window Unit |
Fireplace | No |
Exterior
Exterior | Vinyl Siding |
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Exterior Features | Porch, Gutters, Lighting |
Lot Description | Level Lot |
Roof | Asphalt Shingle |
Foundation | Concrete |
School Information
Elementary | North Stonington |
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Middle | Wheeler |
High | Wheeler |
Additional Information
Date Listed | March 22nd, 2024 |
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Days on Market | 42 |
Zoning | R80 |
RE / Bank Owned | No |