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87-89 North Street, 
Windham, CT 06226

$350,000


6

Beds


2

Baths


2,981

Sq Ft


Multi-Family

Active

Listed by

Toni Iandoli

William Pitt Sotheby'S Int'L

Last updated:

April 26, 2025, 11:30 AM

MLS#

24087977

Source:

CT

About This Home

87-89 North Street

TWO HOUSES ON ONE PROPERTY! This unique investment opportunity at 87-89 North Street in Willimantic, CT, presents a compelling proposition for investors. The property comprises TWO single-family homes situated on a single lot, each with its own driveway and access to a large garage located conveniently on the front house's driveway. The rear house, a charming 1,224 square-foot dwelling, currently offers two bedrooms, a spacious kitchen, dining room, a laundry area, and a full bathroom. Its existing condition presents a stable rental income stream, mitigating risk during the renovation of the front house. The front house, approximately 1,757 square feet, has been completely stripped to the studs, providing a blank canvas for a renovation. New roof was put on in 2023. The size and layout allow for the creation of a four-bedroom residence, significantly increasing potential rental income or providing expansive living space for an owner-occupant. Rehabilitation plans could incorporate features to maximize rental appeal and profitability. The location is another key advantage. The property's proximity to Main Street places it within easy walking distance and bus lines to shopping mall, restaurants, and Eastern Connecticut State University, providing a strong pool of potential renters. The close proximity to the university creates a consistent demand for housing, don't miss this opportunity!

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1920

Price Summary

350,000

$117 per Sq. Ft.

MLS #:

24087977

Last Updated:

April 26, 2025, 11:30 AM

Added:

22 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,981 Sq. Ft.


Structure

Structure

Building Area:

2,981 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

9,147


Finances & Disclosures

Finances

Price:

$350,000

Price per Sq. Ft:

$117 per Sq. Ft.

Source:CT
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