12-14 Blackall Rd Milford, CT

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Blackall Rd, Milford, Home For Sale

Price: $1,750,000
Address: 12-14 Blackall Rd
City: Milford
State: CT
Zip:
Amenities: Parking,Washer Dryer
Bathrooms: 5
Bedrooms: 9
Condition: Resale
Fee: No
Provided By: RealtyWW

Description:

Discover an extraordinary investment opportunity with this unique property steps away from the water in Woodmont! No flood insurance is required- just out of the flood zone! 5 separate units spread across two distinct lots with the potential to up the rents - the majority of the tenants are on a monthly basis. Four units with two bedrooms and a well-appointed bathroom, as well as an additional one bedroom unit above the garage, perfect for both short-term rentals and long-term tenants. Washer/dryer hookups and appliances included. Situated in the highly desired Woodmont neighborhood, these units provide stunning water views and easy access to the beach. The property is ideal for investors looking to capitalize on the desirable location or for families seeking a multi-generational living arrangement. This listing is a rare find in a sought-after area. Current rental prices are below market value. Projected cap well over 5 percent.

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