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Multifamily Property Requiring Renovation
For Sale
$399,900

980 Voluntown Rd, Griswold, CT 06351

Existing improvements offer a renovation project for a multifamily buyer.

Property Size945 SF
Price / SF$423.17
Days on Market37

Property Features for 980 Voluntown Rd

General Information

Standard status Active
Size 945 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Handyman Special

Building Details

Year Built 1950
Listing Agency: On The Move Realty, LLC
Listed By: Laurie Hayes-Hagstrom (860) 376-2088 (860) 376-2088 · License #REB.0756312
Source: Ctshorelinehomesforsale
Added: Jul 23 Changed: Aug 28 Last Checked: Aug 28 at 12:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of On The Move Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily property dates to 1950 and is positioned as a renovation project requiring work before its next use. The existing improvements provide a starting point for a buyer planning to update the property and shape it according to a new ownership vision.

The property is located at 980 Voluntown Rd in Griswold, Connecticut, with a 06351 ZIP code.

Key Highlights

  • Multifamily property at 980 Voluntown Rd, Griswold, CT 06351
  • Existing property requiring renovation work
  • Built in 1950

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Pharmacy Locksmith Grocery & Convenience Store Building Supply Nail Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby

Demographics for 06351, CT

15,609
Population
6,864
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
93%
High-School Grad
52.5 sq mi
ZIP Area
297
Density / Sq Mi
$84,107
Median Household Income
$46,649
Median Earnings
$1,115
Median Rent
$276,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Existing improvements offer a renovation project for a multifamily buyer.
Where is this multifamily property located?
The property is located at 980 Voluntown Rd Griswold, CT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Multifamily property at 980 Voluntown Rd, Griswold, CT 06351; Existing property requiring renovation work; Built in 1950
More about this property
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