340 Palmer Hill Rd Greenwich, CT, 06878

multi family home
$ 1,500,000 Sold Feb 20, 2018
169 days on market, 92% sale-to-list ratio
  • 3 beds
  • 4 baths
  • 4,005 sq ft
  • 1921 year built
  • waterfront

About the Home

Great investment opportunity in convenient Riverside/Cos Cob area of Greenwich. The building consist of combination of commercial/retail space on street level with a very successful liquor store and additional two residential apartments on the second level. The two totally renovated residential apartments are updated to todays lifestyle. One two bedroom apartment and one one bedroom apartment. Tenants pay for all utilities except for water. Each unit has nice decks for outdoor enjoyment overlooking the Mianus river. Full basement with storage currently used by the liquor store. The liquor store has triple net lease. Minutes to I95, shopping, RT1 and train station.

Rooms & Interior

3 bedrooms beds
4 full baths
4,005 square feet sq ft

Home Features

Heating

  • Heating: baseboard
  • Heat fuel type: natural gas

Cooling

  • Central air

Basement

  • Full
  • Storage

Exterior Features

  • Deck

Property Details

Parking

  • Driveway

Waterfront

  • Direct waterfront
  • River
Waterfront Homes in Greenwich

Lot Details

  • Lot surface: 0.13 acres
  • Corner lot

Driveway

  • Shared
  • Paved
  • Asphalt

Utilities

  • Water: public water connected
  • Sewage: pub. sewer connected

Construction Details

Style
units on different floors

Construction year
1921

Exterior Siding
stucco

Foundation
masonry, stone

Roof
fiberglass shingle


Area & Town

This home is located in Riverside neighborhood, in the town of Greenwich.

Finance & Listing Info

Status Closed
Listing date February 20, 2018
Closed date August 08, 2018
Days on market 169 days
List price $ 1,615,000
Close price $ 1,500,000
Sale-to-list ratio 92%
Tax amount $ 10,219
Tax year july 2017-june 2018
Financing used Conventional arm
MLS ID #170054138

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