460,000

House for sale Cromwell
Property photo number 1 of 16 Photos for Property. File  105425012_29_a1bea81b2858166b6eb8e702488dedd1.jpeg

Overview

SUMMARY: Discover an opportunity with this Cromwell house for sale and available for 460,000. This could be your next ideal home or a smart investment. More details await.
Value-Add Investment Opportunity in Cromwell! Calling all investors, contractors, and rehab buyers! Welcome to 9 Allen Road, a historic 3-family multi-family home built in 1800, offering immense potential. With a spacious layout totaling 2,698 square feet of living space, this
property features 6 bedrooms and 3 full baths distributed across 3 units (each with its own kitchen). Situated on a level 0.49-acre lot, the property benefits from highly desirable public water and public sewer connections. Notable mechanical updates include a 200-Amp electrical service upgrade (2017) and a newer architectural shingle roof (2018). The property does require significant work and is ready for your sweat equity or a complete renovation to maximize its rental yield. Perfect for a rehab loan, portfolio lender, or cash transaction looking to add a strong cash-flowing asset to their portfolio. Listing Status: Sold AS-IS, WHERE-IS. Financing: May not qualify for conventional financing on the basis to condition; cash, hard money, or rehab loans (like FHA 203k) are highly recommended. Special Condition: All offers must include the As-Is Addendum to be considered. Bring your vision and restore this historic multi-family to its full potential!
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Details

  • Beds: 6
  • Baths: 3
  • Price: 460,000
  • Reference No.: 95784288
  • Area: 2,698 sqft

Location

Marketed by:

  • Seth Winkleman
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