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83 North Main StreetEast Hampton, CT 06424Price: $325,000

  • Price: $325,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $325,000List Price
  • 3Bedrooms
  • 1Bathrooms
  • 0.21Acreage
  • 1939Year Built
  • 1,270Square Feet

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Built in 1939, but Effective Year Built is 1988. This home is currently an Investment home for the last decade. The residential tenant pays $900 per month and has notified us they would like to stay and can increase their rent by $100. Formerly, the front of the land was rented for many years for $1000 per month to the property next door (which was Angelico's Lake House). There is a new gorgeous restaurant next door which will be a growing success and there could be a need to rent land again permanently or temporary. If you would like to make this your residential home or summer home, you could still lease out the front of the land. There is a high fence that separates the front or it can be taken down. Many years ago, this property served as a bait shop. Various ideas of a Lake Store or Ice cream shop have circulated. The Town of East Hampton would have to approve any Commercial Use for this property however it could be Office, Professional, Medical, Restaurant, Retail. Since it is next to a Commercial Building and on a corner, it seems there is a great ability to start a business at this location or a home office business. There will be some inside remodeling that needs to be done. WATER VIEWS ONLY. You can approach the town to buy dock rights to build. Gorgeous View if fence is taken down. A white low fence is also in place. Terrazzo Portch & Hip Roof -- Spectacular Water Views -- Short Walk to Sears Park -- Beautiful Lake Pocotopaug to Enjoy !!!
Listed by Jen L Swerdlick of Michael A. Fine

Property Details of 83 North Main Street

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Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2021 Smart MLS, Inc. All rights reserved.

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