9 Allen Road, Cromwell CT 06416 (Off Market)

For Sale, USD 460,000


9 Allen Road, Cromwell CT 06416,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,698 ft² / 251 m²

Land Size : N/A

Bedroom : 6

Bathroom : 3

Half Bathroom : 0

MLS#: N/A


Property Description

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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9 Allen Road, Cromwell CT 06416, United States,Connecticut,Cromwell is a 2,698ft² Cromwell luxury Multi-Family Home listed for sale USD 460,000. This high end Cromwell Multi-Family Home is comprised of 6 bedrooms and 3 baths. Find more luxury properties in Cromwell or search for luxury properties for sale in Cromwell.