top of page

23-25 Hayward Ave
Colchester, CT 

Price:
$1,535,000

price

$1,535,000

square feet

6,346

cap rate

8.1%

built

1760/1930

units

9

buildings

2

noi

$124,607

renovated

2013

description:

Sky Realty Group is proud to present 23-25 Hayward Ave in
Colchester, a very rare and unique 9 unit multifamily property
consisting of 2 buildings on one parcel. The main building,
dating back to 1780 and known as the Joseph Isham House,
exudes charm and character that is attractive to prospective
tenants. This property offers a lucrative investment
opportunity with well-qualified tenants and minimal
vacancies, reflecting the high demand for rental properties in
the thriving Colchester market.

Each unit has been thoroughly renovated by current
ownership while preserving some of the historical aesthetics,
such as hardwood flooring and the original cupola
overlooking the town. Capital improvements over the past
decade include: electrical, plumbing, insulation, roof, main
sewer line to street, energy efficient double pane windows,
vinyl and tile flooring, drywall, fire rated steel doors, wired fire
alarm system, separately metered electric panels,
landscaping and tree work.

The unit mix includes (1) efficiency, (5) 1-beds, (2) 2-beds, and
(1) large 2-bed penthouse, each with separate and tenant
paid electric water heaters and baseboard heat. Don't miss
out on the opportunity to invest in a property that seamlessly
blends character with functionality, offering a truly unique
living experience for residents.

Prime downtown location directly across from the Town
Green, a hub for community events and festivities. Amenities
can be found all around a half mile radius including:
restaurants, boutique retail shopping, grocery stores, and
service businesses.

Seamless access to major thoroughfares Route 2 and Route
85 ensures quick and easy commuting, with Hartford,
Middletown, Norwich, and New London all within a 25-
minute drive.

Request Additional Information

Thanks for submitting!

SkyRealtyGroup@comcast.net

Tel: 860-638-9748 & 401-487-7148

Fax: 860-986-6164

Sky Realty Group

68 South Main Street | Suite 202

West Hartford, CT 06107

md_5a9797d083160.png

© 2023 by Sky Realty Group NE Inc

bottom of page