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Listed price in listed location currency (USD).
$450,000

746

MLS® 24150160

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2800 sqft
Garage No
Taxes $5,166
Days Active 0
Lot Size 0.17 acres
Approx. Age 1925
Avg. Price Per Sqft $160
MLS® Number 24150160

Property Address: 12 Aspinook Street, Griswold, CT, 06351

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity - 4-Family with Unit Mix & NOI Upside Excellent opportunity to acquire a 4-unit multifamily investment property with a strong unit mix and clear upside potential walking distance to Jewett City. The building consists of two 1-bedroom units, one 2-bedroom unit, and one 3-bedroom unit (Unit C), providing broad tenant appeal and flexibility for maximizing rental income. Recent improvements include new flooring and fresh paint throughout, along with a significant build-out of two additional bedrooms in Unit C, substantially increasing its rental potential. Units B and D feature new appliances, new countertops, new kitchen cabinets, tile shower, new bath vanities and fixtures, and new windows, enhancing tenant demand and reducing near-term capital needs. The stairs and entry porch for Unit D have been newly rebuilt, improving both safety and curb appeal. Each unit offers two private exterior entrances, minimizing common area maintenance and operating expenses. There is additional NOI upside, as heat and hot water can be separated, allowing utilities to be shifted to tenants and further improving cash flow. The property also benefits from ample off-street parking located directly across from the building, a valuable amenity that supports tenant retention. With recent upgrades already completed and additional value-add opportunities available, this property presents a solid, investor-oriented asset offering both current income and future NOI growt, Interior Unit Showings to be scheduled for Tuesdays between 11AM - 2PM or Thursdays between 2PM - 6PM. Must be given 24 hours notice to show.
MLS® Number24150160
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1925
BasementNone
DrivewayPaved, Off Street Parking
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 21, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
12 Aspinook Street, Griswold, CT

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