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Four-Unit Residential Quadplex
For Sale
$475,000
Pending

129 , Sterling, CT 06377

A coin-operated laundry room serves residents, and one residence is vacant.

Property Size2,326 SF
Days on Market8

Property Features for 129

General Information

Standard status Pending
Size 2,326 SF
Property subtype 4 Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1.5BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Amenities

coin-operated laundry

Building Details

Year Built 1900
Listing Agency: Drawbridge Realty
Listed By: Jason Calouro · License #REB.0795047
Source: Lockandkeyre
Added: Sep 29 Changed: Oct 4 Last Checked: Oct 5 at 6:51PM

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 Drawbridge Realty

Investment Insights

Based on property information with market context.

Built in 1900, this four-unit residential property has a mix of floor plans: one three-bedroom, one-bath unit; one two-bedroom, one-and-a-half-bath unit; another two-bedroom, one-bath unit; and one one-bedroom, one-bath unit. The property has a new roof and a coin-operated laundry room. One unit is vacant.

The property is located at 129 Main Street in Sterling, Connecticut.

Key Highlights

  • Four units with a mix of one-, two-, and three‑bedroom layouts
  • Unit mix includes 3‑bedroom/1‑bath, 2‑bedroom/1.5‑bath, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath residences
  • Coin‑operated laundry room

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Big Box & Wholesale Store Building Supply Spa & Massage Center

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 06377, CT

2,739
Population
1,058
Households
2.6
Avg Household Size
43
Median Age
16%
College-Educated
90%
High-School Grad
16.2 sq mi
ZIP Area
169
Density / Sq Mi
$94,120
Median Household Income
$48,171
Median Earnings
$1,565
Median Rent
$256,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - A coin-operated laundry room serves residents, and one residence is vacant.
Where is this quadplex located?
The property is located at 129 Sterling, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four units with a mix of one-, two-, and three‑bedroom layouts; Unit mix includes 3‑bedroom/1‑bath, 2‑bedroom/1.5‑bath, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath residences; Coin‑operated laundry room
More about this property
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