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129 Main, Old Saybrook, CT 06475
   
129 Main, Old Saybrook, CT 06475
INVEST,OFFICE,RESINC | Office Rental & 3 Apartments | 7,904 Sqft

$1,350,000
141 Days on Market - Deposit/Show


129 main street is a fabulous location in the heart of the main street village in old saybrook. there is plenty of parking and a beautiful front entrance with classic gardens and white picket fence. the first floor is 3220 sqft. this floor is office space which can be put together in many different combinations allowing you to rent offices as small as 70 sqft all the way up to 3220 sqft. there is a shared kitchen and a half bath on this floor. the second floor is 3388 sqft. this space is currently set up as office space and a single one-bedroom residential apartment. however, at one time the second floor had 4 one-bedroom apartments and no office space. this space could be made into apartments again by closing off some doorways. to get 4 one-bedroom apartments you would need to add a shower to a half bath and install one more kitchen. zoning approval may be needed. see the floor plans that are in the attached document file. the third floor has two one-bedroom residential apartments. the building is heated by a hydro-air oil fired boiler and cooled by central air. there is a sprinkler system in the building. the uses for this building are many and may be the perfect investment for your needs. don’t miss this gem in the center of old saybrook.

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Details
  • 6 Units
  • 0 Loading Docks
  • 0.31 Acres
  • Built in 1753

Sqft
  • 7904 Total Sqft
  • 3220 Sqft of Office
  • 4684 Sqft of Residential

Parking
  • 16 Total Spaces
  • 16 Uncovered Spaces

Location
  • Cleared, Level Lot
  • 83 Frontage
  • TOWN

Business

    Financials
      - No Data -

    Utilities
    • Hot Air
    • Oil
    • Central Air
    • Public Water
    • Septic

    Taxes
    • $700,000 Assessment
    • 20.45 Mill Rate
    • $14,315 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170607407

    Real Estate Agent


    Map of 129 Main, Old Saybrook, CT 06475

    Directions to 129 Main, Old Saybrook, CT 06475


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.02%   |   Purchase: $1,350,000   |   Downpayment @ 20.00%: $270,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $8,393


    Monthly Cost Estimate: $8,393
    • Mortgage: $7,200
    • Taxes: $1,193
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $100,712
    • Mortgage: $86,397
    • Taxes: $14,315
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $3,291,371
    • Mortgage: $2,591,921
    • Taxes: $429,450
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $270,000

    Go To Mortgage Calculator

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    This real estate listing for sale at 129 Main is presently used as with 7904 total sqft and was built in 1753. It is located in the Old Saybrook, CT area with the 06475 zip code. For more info about the property at 129 Main, Old Saybrook, CT 06475 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.