102 Brookside Ln, Mansfield, CT 06250

$335,000
3
BD
2
BA
1,344
SqFt

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List Price
$335,000
Status
ACTIVE
MLS#
24210943
Year Built
1984
Style
Colonial
Bedrooms
3
Bathrooms
2
Acres
15
Living Area
1,344
Neighborhood
Storrs

Property Description

VALUE-ADD OPPORTUNITY IN MANSFIELD! Offered at $335,000, this distinctive 14.9-acre property combines investment potential, privacy, acreage and opportunity. Tucked well back from the road, the property includes a 3-bedroom, 2-bath home, impressive 2,560 SF pole barn, pond and wooded acreage. Grandfathered for rental occupancy by four unrelated persons, creating particular appeal for investors seeking a Mansfield/UConn-area rental. Based on current rental expectations, potential income may approach $4,400/month when renovated and properly positioned; buyers should independently verify rents and requirements. The home needs substantial renovation and is being sold AS-IS, making it well suited for investors, contractors or capable buyers who can perform some or all of the work themselves and create built-in equity. A recently replaced roof addresses one major improvement, and repair/upgrade estimates are available. The large barn offers excellent equipment, workshop, storage or hobby-farm space. Nearly 15 acres provide room for recreation, animals, gardens and a private country lifestyle, with possible subdivision potential also worth exploring. A rare combination of acreage, rental potential, privacy and upside for the buyer ready to complete the improvements.

Additional Information

Taxes
$5,060
Lot Size
653,400
Interior Features
Open Floor Plan
Heating
Baseboard
Cooling System Type
Window/Wall
Sewer
Septic Tank
Water Source
Private Well
Appliances
None
Basement
None
Exterior Features
Barn/Stable, Garden
Parking Spaces
4
Elementary School
Mansfield Elementary School
High School
E. O. Smith

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Calculator source: Real Geeks

Listing courtesy of Brian McCarthy from Home Selling Team. (860) 428-2627 (860) 456-7653

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