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1780 Boston Post Road, Old Saybrook, CT 06475

Old Saybrook
Local realty services provided by:CENTURY 21 Classic Homes
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
Office: carbutti & co., realtors
MLS#:24149701
Source:CT

Price summary

  • Price:$850,000
  • Price per sq. ft.:$380.14

About this home

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,...

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Home facts

  • Year built:1912
  • Listing ID #:24149701
  • Added:54 day(s) ago
  • Updated:March 02, 2026 at 11:46 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:9
  • Basement Description:Full Basement, Unfinished
  • Living area:2,236 sq. ft.

Heating and cooling

  • Heating:Hot Air, Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1912
  • Building area:2,236 sq. ft.
  • Lot area:0.69 Acres
  • Lot Features:Corner Lot, Level Lot
  • Construction Materials:Vinyl Siding

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$380.14
  • Tax amount:$5,896 (July 2025-June 2026)
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