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16-20 Lake Street
Sold

16-20 Lake Street

16-20 Lake Street, Plainfield, CT 06354

$440,000
This well-maintained three-family home offers a strong opportunity for both investors and owner-occupants alike. Situated in a quiet setting with convenient access to local amenities, major routes, and just a short drive to Moosup Pond, the location provides both comfort and accessibility. Each unit is generously sized, featuring a three-bedroom, one-bath layout on the first floor and two additional two-bedroom, one-bath units on the second and third floors. The second-floor unit is currently ready for an owner-occupant or immediate rental income. The first-floor unit is occupied by long-term tenants, providing steady income from day one. The property also boasts a large, level backyard and ample off-street parking, adding to its overall appeal. Numerous updates have been completed over time, including a newer roof and updated windows, helping to minimize future maintenance concerns. Whether you are looking to expand your portfolio or live in one unit while collecting rental income from the others, this versatile and income-producing property is a must-see.

7
beds

3
baths

2,688 Sq.Ft. LIVING AREA

0.55 Acres lot

Miles Lafemina

Miles Lafemina

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms3
  • full bathrooms3

Area & Lot

  • Status Sold
  • Living Area2,688 Sq.Ft.
  • Total Area2,688 Sq.Ft.
  • Lot Area0.55 Acres
  • MLS® ID24169856
  • TypeMulti-Family
  • YEAR BUILT1927
  • Architecture Styles3 updown - Unit(s) per Floor
  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Exterior

  • water SourcePublic
  • roofAsphalt
  • lot featuresLevel
  • HEAT TYPEOil, Hot Water
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureStone

Financial

  • Sales Price$440,000
  • Real Estate Tax $3,578/yr
  • Zoning RA19

Guiding You Home

With years of experience and deep knowledge of the Eastern Connecticut market, Miles Lafemina provides clients with a seamless real estate experience. From first consultation to closing, you’ll have a trusted expert by your side every step of the way.

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