87-89 North Street, Windham, CT 06226

$350,000

bedrooms

bathrooms

square feet

2,981

Acreage

0.21

Open Houses

year built

1920

Full Baths

Half Baths

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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!

Location
Subdivision	-
County	Windham
Elementary School	Per Board of Ed
Middle School	-
High School	Per Board of Ed

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 24087977

Listing agent: Toni Iandoli

Listing broker: William Pitt Sotheby'S International Realty

Last update: Thursday, April 17 2025 at 5:01 p.m. EDT

Kotohomes National