1793 Route 85 , Montville, CT 06370(New London County)

1.42 Acres in Montville, CT - $219,900

Just under 1.5 acres close to Waterford and East Lyme. Three permitted Mobile homes on the front half of the lot and a rolling field in the back half. 200Amp service, fully leased units, long term tenants. $26,400/year Gross with a 9-10% CAP rate with additional potential. Minimal operating costs as the tenants are responsible for their own mechanicals, utilities, trash and lawn maintenance. Upgraded well system supplies all three units!