$850,000
Greenwich, CT 06830
MLS# 103260
Status: Closed
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Property Description
Property consists of two separate non-conforming lots each with its own two family houses fronting on Old Post Road 3 with rear frontage on West Putnam Avenue. The property is zoned LB and the two lots collectively total 5,576 sq. ft. House 555 is currently configured into two apartments one of which is on the second floor and consist of one bedrooms and one bath plus a walk-up attic. The first floor apartment has two bedrooms and one bath with an internal stairway to a lower level above grade garage used by the tenant for a marine engine repair business. House 557 contains two apartments an attic and a full basement. The second floor apartment contains two bedrooms and a walk-up attic. The first floor apartment consists of a one bedroom and one bath with access to a basement.
Details
Maps
Location & Property Info
Type: Mixed Use
Sold Price: $625,000
List Price/SqFt: 582.59
Lease Price/Mo: 4785
Zoning: LB
Street #: 555-557
Directional: W
Street Name: Putnam
Street Suffix: Avenue
State: CT
Zip Code: 06830
County: Fairfield
Owner Financing: No
Section: South Parkway
Property ID: 03-1697/S
Area: 3 - Greenwich
Sale: Yes
Lease: No
Office/Contract Info
Co-op Broker Fee: 2.50%
Status: Closed
List Date: 2018-05-18
General Property Info
Present Zoning: Commercial
Year Built: 1900
Acres +/-: 0.13
# Buildings: 2
# Stories: 2
Ceiling Height: 9
Res SqFt: 3265
Parking Desc: Open & Unassigned
Tax & Misc Info
Assessment: 720020
Mill Rate: 12.018
Taxes: 8547
Status Change Info
Under Contract Date: 2019-02-13
Sold Date: 2019-03-04
Sold Price: $625,000
SP/ASMT: 0.87
Annual Expenses
RE Taxes: 8513
Insurance: 5112
Misc 1: 2072
Annual Income/Exp
Gross Income: 57420
Total Expenses: 16131
Net Income: 41288
Property Features
Building Type: See Remarks
Present Use: See Remarks
Documents: Building Plans; Plot Plan; Proforma
Heat System: Electric; Hot Water
Heat Fuel: Combination
Water Source: Public
Sanitation Source: Town Sewer
Gas Source: Public Utility
Electric: Tenant Pays
Lease Type: Modified
Exterior: Aluminum Siding; Vinyl Siding
Roof: Asphalt
Floor: Hardwood & Carpet
Improvements: Driveway; Storm Drain
Included: Building; Land
Supplements
suitable for occupancy. The Floor Area Ratio (FAR) of 50% will permit a total of 2,788 sq. ft. of new construction on both lots. The existing buildings have a total of 3,265 sq. ft. not including the walk-up attics or at grade garage.
Listing Office: William Raveis Real Estate
Last Updated: December - 07 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision. Greenwich Multiple Listing Service, Inc.