7-11 Old Turnpike Road South, North Canaan, CT 06024

$299,000 Asking Price

7 beds
3 baths
2,565  sqft

Fully renovated one bedroom, one bath cottage. All new windows and doors, spray foam insulation, HVAC, hot water heater, plumbing and electrical all new/updated. New hardwood floors, appliances, four piece bathroom. Washer/dryer included, new, but not yet installed. Hot tub on front deck which spans 30'x10'. All new siding, new roof and gutters. Electrical updates include wires run underground from utility pole. Main house is an antique home with a lot of charm in need of extensive renovations. Budget around $200-$250K. Demolition for renovation has been started. Currently 6 bedrooms, 2 bathrooms. Living room with stone fireplace, and fireplaces in two downstairs bedrooms. Butler's pantry and reading nook with window passthrough. Layout is ideal for open concept kitchen/dining room. Cottage offers all modern comforts while you transform the main house into your dream home. Cottage is also perfect as income property, either full time or part time rental. Currently makes $250/night on AirBnB, potential for $1800/month lease. There is a Tenant in place in the Cottage. Current Lease runs though Augus 2024. One or more of this property's owners is a Real Estate Licensee.


Features & Amenities

Interior

Appliances:
Gas Range,Oven/Range
Laundry:
Main Level
Basement:
None,Unfinished
A/C:
Central Air,Window Unit
Heating:
Hot Air, Oil,Propane
Fireplace:
Fireplaces: 3

Exterior

Style:
Ranch,Farm House

Construction

Roofing:
Asphalt Shingle

Location

County:
Litchfield

Lot

Zoning:
res, 2408530

Utilities

Water:
Shared Well
Sewer:
Septic,Septic Required

This listing courtesy of:
Regency Real Estate, LLC, Dave Fairty

About Canaan, CT

Housing

Number of Units
1,273
Median Home Value
$217,502
Median Rent
$706

28.23% of housing units are renter occupied.

11.40% are vacant.

Commute

Car
78.84%
Public Transportation
0.00%
Walk to Work
1.50%
Work from Home
19.66%
Other
0.00%

The median travel time to work is 20 minutes.

People

Population
2,555
Median Age
48.20
Median Household Size
2.51

Education

High School
32.07%
Associate’s Degree
10.79%
Bachelor’s Degree
15.83%
Graduate Degree
7.15%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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