1780 Boston Post Road, Old Saybrook, CT 06475
Local realty services provided by:ERA Blanchard & Rossetto, Inc.
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, and limited supply of mixed-use product on Route 1 make this an ideal long-term hold, 1031 exchange target, or portfolio addition.
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Home facts
- Year built:1912
- Listing ID #:24149701
- Added:1 day(s) ago
- Updated:January 17, 2026 at 08:39 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- 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
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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