Homes for sale - 97 Green Hill Road, Madison, CT 06443

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John-Michael Rachinsky-Wood

jm@harborbridgere.com +1(203) 667-3443

$842,000

Est. payment - /mo

5 Beds

4 Baths

2,492 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,492 sqft

Price per Sqft $337

MLS Listing ID 24098502

Style Units are Side-by-Side

Bedrooms 5

Full Baths 4

Year Built 1825

Annual Tax Amount $6,943

Lot Size 0.760 Acres

Property Sub-Type 2 Family

Property Description

This updated legal two-family Colonial on a 3/4-acre lot presents an exceptional investment opportunity, with a solid cap rate of 7.6%. Situated in a highly desirable neighborhood surrounded by expensive single-family homes, this multi-family asset stands out as a solid addition to any portfolio. Both units have been renovated including mechanicals, electrical, and plumbing helps to ensure low maintenance costs. The interior updates harmonize seamlessly with the historic charm, offering strong tenant appeal. The net operating income of over $63,000, which is stable and with minimal vacancy risk, makes it ideal for both new and seasoned investors seeking reliable cash flow and long-term appreciation.

Location

State CT

County New Haven

Zoning RU-2

Rooms

Basement Full, Storage, Interior Access, Concrete Floor, Full With Hatchway

Interior

Heating Hot Air

Cooling Central Air

Exterior

Parking Features Detached Garage, Paved, Off Street Parking, Driveway

Garage Spaces 3.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Corner Lot, Treed, Level Lot, Rolling

Foundation Stone

Sewer Shared Septic

Water Public Water Connected

Schools

Elementary Schools Jm Jeffrey

Middle Schools Polson

High Schools Daniel Hand

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Listed by Peter Lucchese • Sound Harbor Realty LLC

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John-Michael Rachinsky-Wood

+1(203) 667-3443

Broker | License ID: REB.0792632

Broker License ID: REB.0792632

97 Green Hill Road Madison, CT 06443

John-Michael Rachinsky-Wood

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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