SOLDMAR 1, 2024
178 W Main St E
Niantic, CT 06357
Studio
4,785 sqft (on 1.34 acres)
- Studio
- 4,785 sqft (on 1.34 acres)
$732,500
Last Sold: Mar 1, 2024
10% below list $815K
$153/sqft
Est. Refi. Payment $4,947/mo*
$732,500
Last Sold: Mar 1, 2024
10% below list $815K
$153/sqft
Est. Refi. Payment $4,947/mo*
Studio
4,785 sqft
(on 1.34 acres)
Homes for Sale Near 178 W Main St E
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Local Information
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Description
This property is no longer available to rent or to buy. This description is from March 01, 2024
Welcome to Shady Oaks. This multifamily property consists of 8 separate cottages. 7 (1bd/1ba)/(Studio) cottage apartments that range from 450-600 sq/ft. 1 (2bd/1ba) single family home that is 818 sq/ft. Huge upside in raising rents on these year-round apartments or by possibly converting them into Airbnb/short term rental. Big value add play, potential to turn this property into 9 or 10 units total. A fire damaged duplex at the front of the property is waiting to be rebuilt. Seller has approvals for a single family on the same footprint. Proximity to the ocean, casinos, downtown Mystic CT, and more. Great location for tenants/short term rental. Great tenants currently! Please see financials attached in downloads for more detailed breakdown of each unit utilities. All units pay their own heat, hot water, and electric.
Home Highlights
Parking
Open Parking
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$153/sqft
Listed
56 days ago
Home Details for 178 W Main St E
Interior Features |
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Interior Details Basement: None |
Dimensions and Layout Living Area: 4785 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater |
Heating & Cooling Heating: Baseboard,ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Exterior Features |
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Exterior Home Features Roof: AsphaltPatio / Porch: DeckFoundation: Concrete PerimeterNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Off Street,Driveway |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer, Septic Tank |
Finished Area Finished Area (above surface): 4785 Square Feet |
Property Information |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl Siding, OtherNot a New ConstructionDoes Not Include Home Warranty |
Property Information Parcel Number: 1466767 |
Price & Status |
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Price List Price: $815,000Price Per Sqft: $153/sqft |
Status Change & Dates Possession Timing: Negotiable |
Active Status |
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MLS Status: Closed |
Media |
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Location |
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Direction & Address City: East Lyme |
School Information Elementary School: Per Board of EdHigh School: Per Board of Ed |
Building |
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Building Area Building Area: 4785 Square Feet |
HOA |
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No HOA |
Lot Information |
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Lot Area: 1.34 Acres |
Miscellaneous |
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Mls Number: 170569789Attic: None |
Last check for updates: about 14 hours ago
Listed by Lisa Cozzi Team
Berkshire Hathaway NE Prop.
Bought with: Brian Sherwood, Keller Williams Realty
Source: Smart MLS, MLS#170569789
Price History for 178 W Main St E
| Date | Price | Event | Source |
|---|---|---|---|
| 03/01/2024 | $732,500 | Sold | Smart MLS #170569789 |
| 02/22/2024 | $815,000 | Contingent | Berkshire Hathaway HomeServices New England Properties #170569789 |
| 12/06/2023 | $815,000 | PendingToActive | Smart MLS #170569789 |
| 10/12/2023 | $815,000 | Contingent | Berkshire Hathaway HomeServices New England Properties #170569789 |
| 10/12/2023 | $815,000 | Pending | Berkshire Hathaway HomeServices New England Properties #170569789 |
| 10/03/2023 | $815,000 | PriceChange | Smart MLS #170569789 |
| 06/02/2023 | $900,000 | Pending | Berkshire Hathaway HomeServices New England Properties #170569789 |
| 06/02/2023 | $900,000 | Contingent | Smart MLS #170569789 |
| 05/16/2023 | $900,000 | Listed For Sale | Smart MLS #170569789 |
Comparable Sales for 178 W Main St E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.87 | Multi-Family Home | $432,000 | 12/01/23 | 4 | 4 | 1,800 | |
2.45 | Multi-Family Home | $800,000 | 08/25/23 | 4 | 3 | 2,640 |
Assigned Schools
These are the assigned schools for 178 W Main St E.
- East Lyme High School
- 9-12
- Public
- 1010 Students
7/10GreatSchools RatingParent Rating AverageBoth of my boys graduated from East Lyme High School within the last 3 years. They started out in preschool and then went to Lillie B Haynes, East Lyme Middle School, and finally East Lyme High School. They were always supported, they learned a great deal over the years socially, educationally, and they had a great time. Most importantly, they were always safe. The pandemic showed us how amazing the high school is and they never stopped advocating for our students. I will always speak highly of our EL educators, they helped us raise two amazing young men.Parent Review9mo ago - East Lyme Middle School
- 5-8
- Public
- 742 Students
6/10GreatSchools RatingParent Rating Averagewhat a wonderful school!. The blue ribbon adds up! my son is in 7th grade and is in the honors algebra math each day he comes home with a variety of things he has learned during the school day. after each trimester he gets faculty commendations or high honers. We recently just moved and my son went to this old school where he wasn't getting challenged enough and got bored, however, at this school his grades and education have skyrocketed! and it's not that this school is too easy. since he is in honors math he comes home with packets of work and loves it!. in his la class they read a bunch of classics and write essays and opinion-based pieces. oh, how he loves the teachers! especially his math teacher. and what a diverse spectrum of clubs. he loves to partake in the math counts one where they study and compete in states. my family adores this school.Parent Review1y ago - Lillie B. Haynes School
- K-4
- Public
- 283 Students
7/10GreatSchools RatingParent Rating AverageWe lived in PA before moving to East Lyme. So we have experienced one other elementary school besides Lillie B. Haynes. I can’t speak highly enough about Lillie B Haynes. They were a better school than we could have ever imagined. The social skills alone that they teach every morning as the kids are arriving to school is enough to make every parent jump for joy. The principal is a wonderful, warm, kind woman that teaches love and kindness in her school. The security guards are top notch. They give you a good feeling every time you arrive. When your kids arrive they give them a high five. They really make you feel like they care and they’re keeping everyone safe. Further, the teachers are personable, and relatable, and you can tell that they all really care about enforcing a positive school environment, and they really care about providing the best education possible.Parent Review5y ago 
Check out schools near 178 W Main St E.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
What Locals Say about Niantic
- Trulia User
- Resident
- 1y ago
"private beaches and field day in the summer. plus a potluck cookout. and a raft in the water..........."
- Trulia User
- Visitor
- 2y ago
"Dogs on leashes. Not allowed at the beach which would be nice. No dog park, but great walking paths. "
- Bryce P.
- Resident
- 3y ago
"This is a unique neighborhood and I enjoy all of the parks and places and people and things that are available to me in my neighborhood. It really is truly home! "
- Pete H.
- Resident
- 3y ago
"Not enough sidewalks and the cars are always speeding. Downtown is fairly dog friendly, yet I don’t understand why pets are not welcome at the farmer’s market; at least nobody enforces the rule."
- Ashley B.
- Resident
- 3y ago
"Not enough access to public transportation. No busses, train stops, pick-up areas. Not enough sidewalks on busy main road areas. Including Chesterfield road, Lovers Lane, Roxbury through Corey Lane/Riverview, Upper Pattagansett through Ancient Highway, Bridebrook Rd. , Plants Dam, Dean Road area. Should all be accessible easily on foot. "
- Ann L.
- Resident
- 3y ago
"I work from home and do not commute. Getting around locally is easy. Easy access to I-95, I-395 and Route Nine. Short distance to beaches, shopping. "
- RileyG
- Resident
- 3y ago
"People here are mostly gentle and kind. My cat went missing once and the community exploded with kind words and support. Always plenty to do between Rocky Neck, the boardwalk, and all the cozy shops and parks. Beautiful scenery at all times of year. We moved here during the winter and the cute little street lights on Main street were done up like we had stepped on the set of a Hallmark movie."
- K. K.
- Resident
- 4y ago
"Celebrate East Lyme/fireworks, Christmas parade, weekly farmers market, summer carnival, live music at the beach. "
- Suzanne.allison
- Resident
- 4y ago
"Easy access to 95 and 395 makes commuting on the shoreline and upstate really easy. Traffic can be heavy in the summer but it’s worth it to live in such a nice place. "
- Soxgirl4ever.db57
- Resident
- 5y ago
"Close to local beaches , shops and school , neighbors are friendly , best place to live in Connecticut ,"
- Zlkatie
- Resident
- 5y ago
"Niantic is a cute town! Great schools. Positive yoga studio. Small and quaint cafes. Lots of community programs for kids. "
- Phheaney
- Resident
- 5y ago
"Over 30 minutes Good access to highway. Good access to mall. Needs better access to rail. One hour to two airports. "
- Lizkhenry
- Resident
- 5y ago
"Car necessary. Way up on a hill. Could never get around without a car. We love it here ( only been 10 months) but it is a little small and isolated. "
- Lizkhenry
- Resident
- 5y ago
"We live in a tucked-away community that is close to Niantic but not easily within walking distance. We’re too high up on a hill and too far away from anything significant not to have a car. "
- Jessica H.
- Prev. Resident
- 5y ago
"Movie nights, holiday events, whether or not you know the person, a hello and casual conversation always happens. "
- Cesarlgallegos
- Visitor
- 5y ago
"nice area so nice quieter neighbor pice full nice school if you have a family I'm really quiet place to live I love it is so nice close to supermarket"
- Patsyfowler67
- Resident
- 5y ago
"We have two large off-leash exercise areas, but dogs need to be under voice control. Dogs are welcomed!"
- Patsyfowler67
- Resident
- 5y ago
"Lots of dogs, all friendly, with plenty of places for dogs to exercise. Most people are very dog-friendly as well, and dog owners are considerate about cleaning up after their dogs."
- Patsyfowler67
- Resident
- 5y ago
"People walk their dogs—always on leash—and I’ve never met an unfriendly dog or handler. We also have a swimming area that’s dog-friendly. It’s a good place for nice dogs and nice people."
- Trivium1692
- Resident
- 5y ago
"It's by the beach. What could be better. Quiet in the winter. Busy in the summer. Has all 4 seasons. "
- Judith k. a.
- Resident
- 5y ago
"I grew up in this neighborhood and thenbought a house here. Most neighbors have been here since I was small. I can walk to town or to the beach"
- katrina1968
- 10y ago
"Cute little beach area. Private beaches are not huge but do the trick. The beaches are on the river not the sound. Not all pet owners are courteous with cleaning up after their pets. Making changes such as fencing or a carport are next to impossible due to zoning regulations and neighbors making a big stink. Who wants to live with that?"
- RJM857
- 11y ago
"A lovely and safe community with tennis, golf, boat slip and beaches. Peeps are screwing with this site. It's not even near the train track! Million $ homes to cottages. One way in and out-no crime at all-ever! Stone wall entrance that winds bordered with hiking trails and water views of Niantic Bay."
- mardoy
- 11y ago
"Traffic too fast. Nowhere to park. No shops. Nothing to do here. No public transportation. No restaurants or eateries. Too many funky, broken-down houses."
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 178 W Main St E
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Off Market Homes Near 178 W Main St E
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178 W Main St E, Niantic, CT 06357 is a studio, 4,785 sqft multi-family built in 1930. This property is not currently available for sale. 178 W Main St E was last sold on Mar 1, 2024 for $732,500 (10% lower than the asking price of $815,000). The current Trulia Estimate for 178 W Main St E is $745,100.