Income Producing in Woodbury, CT
This Property is For Sale
NEW PRICE
Town: Woodbury, CT
Price: $769,900
Rooms: 14
Bedrooms: 5
Baths: 4/2
Style: Colonial
Acreage: 1.01 +/- acres
Age: 1745
Rare Income Producing Opportunity. Restored 1745 Bull Homestead. 2 Buildings, 3 Apartments, Retail Space, Antique Barn & 15 Parking Spaces. 1.01± Acres.
























A rare opportunity to own 5,600sf (comprising of two buildings) of income producing property ideally located on 1± acre in the heart of Woodbury’s antiques district. The development comprises the immaculately restored 1745 Bull Homestead. Currently divided into two rentals, the main house, approximately 1,680sf, has two bedrooms and two and a half baths and rents for $2,000/month. Attached is an equally charming two bedroom and one and a half bath 1,000sf in-law apartment that rents for $1,600/month. Each unit is mechanically independent except for city gas. The rear building boasts 2,175sf of sub-dividable commercial space on two floors with a finished basement currently used as a workshop. The building also includes a newly renovated 648sf apartment, suitable to rent as a residence or small business. It is currently tenant occupied at $1,200/month. An unfinished antique post and beam barn, with a separate septic system, offers even more untapped income potential. The level yard offers 15 parking spaces. Sidewalks and foot paths bring you to some of Litchfield County's finest restaurants and retail shops. Whether you’re looking to invest in, what Readers Digest just named, Connecticut’s most charming town, or you’re looking for a centrally located home which to both live and work from, this property has a variety of options to maximize your investment.
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