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    398 Boston Post Rd Waterford, CT 06385

    Pending
    For Sale
    $350,000

    Multi-Family For Sale - Waterford, CT

    Property size:
    2,236 SF
    Lot size:
    0.56 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 398 Boston Post Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-20
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    Bathrooms
    2
    APN
    1590216
    Parking
    4
    Parking features
    Driveway, Garage, Garage - Detached
    Basement Y/N
    1
    Size
    2,236 SF
    Lot size
    0.56 Acres

    Utilities

    Heating system
    Hot Water (Heating), Oil
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1957
    Building materials
    Asbestos, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX ON THE BAY (860) 739-0888 [email protected]

    Listing agent Bud Bowes (860) 739-0888

    Listing date Nov 23, 2025

    MLS# 24107216 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Homes on One Lot

    This property presents an investor opportunity with two separate homes situated on a single lot. The first residence, located at 402 Boston Post Rd, is a Cape Cod-style home constructed in 1957, featuring 4 bedrooms and 1 bathroom. This home requires cosmetic updates such as fresh paint and new flooring to realize its full potential. The second residence, located at 398 Boston Post Rd, is a Colonial-style home dating back to 1900, offering 3 bedrooms and 1 bathroom. This home is ready for renovations, presenting an opportunity to add value through updates. Both homes are currently occupied and fully functional. The property, zoned R-20, spans 0.56 acres. The combined property size of both homes is 2236 square feet. The property is taxed as two separate parcels, with the potential to merge into a single tax parcel. This property is located in Waterford, CT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    New London
    State
    Connecticut
    Longitude
    -72.16648
    Latitude
    41.35533

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    FAQs

    What type of property is this?
    Single family property - Two homes on one lot, prime investment opportunity in Waterford.
    Where is this single family property located?
    The property is located at 398 Boston Post Rd Waterford, CT.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Two Homes on One Lot: Rare opportunity for investors or multi-generational living.; - Prime Location: Highly desirable area with convenient access to amenities.; - Income Potential: Both homes are currently occupied and fully functional, providing immediate rental income.
    (860) 739-0888
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    398 Boston Post Rd Waterford, CT 06385
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