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1780 Boston Post Road, 
Old Saybrook, CT 06475

$850,000


4

Beds


3

Baths


2,236

Sq Ft


Multi-Family

Active

Listed by

Nicholas Tarquino, (203) 710-6157

Carbutti & Co., Realtors, (203) 269-4910

Last updated:

January 17, 2026, 08:39 PM

MLS#

24149701

Source:

CT

About This Home

1780 Boston Post Road

Commercial Mixed Use, cross-posted on MLS alternative # 24149460. 7.06 CAP r a t e ~ Prime mixed-use investment property offered at $850,000 along the high-visibility Route 1 corridor. The asset consists of three total units of office/retail space with direct road frontage and two residential apartments privately situated in the rear. Trusted General Contractor currently rents the rear yard space at $1,000/month. Projected gross income totals $90,000/year. Incorporating a 10 p e r c e n t vacancy & repairs reserve, the stabilized effective gross income is $81,000/year. Operating expenses total $20,945/year (real estate taxes: $5,896 | insurance: $5,879 | electric: $4,600 | oil: $1,350 | propane: $1,620 | snow removal/water/septic: $1,600), resulting in a net operating income (NOI) of $60,055/year. At the asking price of $850,000, the asset delivers a 7.06 CAP r a t e, with long-term value preservation and upside through future rent adjustments. Strong location, consistent cash flow, and limited supply of mixed-use product on Route 1 make this an ideal long-term hold, 1031 exchange target, or portfolio addition.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1912

Price Summary

850,000

$380 per Sq. Ft.

MLS #:

24149701

Last Updated:

January 17, 2026, 08:39 PM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,236 Sq. Ft.


Structure

Structure

Building Area:

2,236 Sq. Ft.

Year Built:

1912


Lot

Lot Size (Sq. Ft):

30,056


Finances & Disclosures

Finances

Price:

$850,000

Price per Sq. Ft:

$380 per Sq. Ft.

Source:CT
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.