House AND cabin on Natchaug River for sale! LOOK!!! - ctfisherman.com

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Robert Dubos

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Mar 9, 2012, 9:44:52 AM3/9/12
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#1397633 - 03/07/12 07:36 PM House AND cabin on Natchaug River for sale! LOOK!!!
eleven_isles Offline

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Registered: 03/04/12
Posts: 1
Loc: Coventry, CT
Well here goes.. My change is your opportunity.. ctfisherman nation, you get first shot, i will put this on craigslist in a few days..; fishing buddies first!
FSBO: Chaplin;Two houses for sale on Natchaug River! LOCATION LOCATION LOCATION! OPTIONS OPTIONS OPTIONS! Two houses on one property on The Natchaug (trophy trout stream)! 200 yds. from beautiful Diana's Pool. Waterfront, 200 ' river frontage. Abuts Natchaug State forest! 1.30 acres. Big house is an antique home that was once "Twin Maples Inn" in the early 1900's. Total of 9 rooms, although many are small, as it was an inn. It is currently rented for $1,200 +/ mo. (current older Uconn grad students leaving in June, have been there for 4 years; could use some TLC and updating as it is older and been a rental for 13 years) Cabin is 625 S.F.(4 rooms) 20' from the river! Yes, those are trout on the shutters!) Very quaint, cozy and private. It is heated with propane and currently rented for $800 with util. inc./ mo. There is also a two stall garage and a treehouse! This part of the river narrows and the sounds of the river create a tranquil backdrop. The property is business zoned, so their are MANY options! Possibilities are: B & B, Real Estate office, Day Spa, etc.. Live in the big house, rent the cabin, live in the cabin, rent the big house. (Previous owners lived in the big house and the wife used the cabin as her business, know as "The little Cottage" for special needs children, hence the handicap ramp ) Use the cabin as a business or rent both! Many possibilities! 15 min. to UCONN or ECSU. 35 mins. to casinos. 5 mins. to Mansfield Hollow Reservoir, Halls Pond, Goodwin State Forest . FISH, HIKE, KAYAK ; artists/writers (treehouse!), photographers, etc. Treehouse, stone patio and fire pit on river's edge. Could qualify for owner occupancy loan, so less than 20% down payment may apply, possibly as low as 5%. Perfect situation for a divorced, single, or couple. Live in the cabin and rent the big house. (Anytime I list the cabin to rent, I get 50 responses, and EVERYONE wants to live there!) The current rent in the big house is $1,200, but could easily be $1,400 +.( I froze the rent 7 years ago as the tenants have been awesome and have been the same group who have passed it along) That income would pay MOST of your mortgage! Taxes are $4,300/ year. Add insurance, your mortgage payments, (principle, interest, taxes, and insurance on a $180,000 loan would be under $1,500/ month at a 4.5% rate approx.. There may be even lower interest rates, I quickly chose 4.5%. and 10% down. This is a unique, amazing and beautiful property; a once in a lifetime opportunity at a Great price and it could be yours! Serious inquiries only. NO AGENTS PLEASE! First $200,000,takes it "As Is" call 860 966 0081








Edited by eleven_isles (Yesterday at 07:32 PM)
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#1397665 - 03/07/12 09:08 PM Re: House and cabin on Natchaug River for sale! LOOK!!! [Re: eleven_isles]
Eric D Offline

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Registered: 10/01/03
Posts: 2050
Neat place. Looks like you could fish from the hot tub rawk

2011 Egg Hunt Champion. #1 easter basket
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