19 Chestnut Street
Willimantic, CT 06226
- Studio
- 13,769 sqft (on 0.68 acres)
Studio
13,769 sqft
(on 0.68 acres)
Local Information
© Google
-- mins to
Description
Rental complex for sale! Just shy of $20,000/month rent roll! Currently 97% rented. Most utility expenses are covered by the tenants. 11 units located 3 blocks from ECSU and 8 miles from UConn. University populations are increasing! 38 bedrooms and 11.5 bathrooms total amongst 2 apartment buildings and one single family house. 1 6-family, 1 4-family, and 1 single family. Roughly 13,769 sqft of total living space, 1,176 sqft of additional space. The sale of the complex consists of the properties 27-29 Chestnut Street, 19-25 Chestnut Street, and 49 Spring Street, all in Willimantic Connecticut. The property includes a common area barn and a heated storage garage that can be leased for more income. All properties are in the same location to form one compound. Plenty of off street parking connecting all of the properties together. Plenty of street parking as well. Plenty of value-add opportunities! Turn-key operation ready for a new owner! 2023 Financials: Total 2023 Operating Income: $228,732 Total 2023 Portfolio Expenses: $106,411 -Total taxes: $27,826 -Total insurance: $8,835 -Total utilities: $28,440 -Total property management: $11,000 -Total payroll: $11,000 -Total professional costs: $3,000 -Total repairs & maintenance costs: $10,560 -Total trash removal: $1,750 -Total landscaping/snow removal cost: $4,000 NOI: $122,321 Cap Rate: 9.41% Unit Breakdown: -29 Chestnut, 30 (3rd floor 4 bedroom, 1 bath, 1,579 sqft, $2,000/month income. Utilities: water/sewer and hot water included. Electricity and gas heat paid by tenants.) -29 Chestnut, 20F (2nd floor front unit, 2 bedroom, 1 bath, 800 sqft, $1,400/month income. Utilities: water/sewer, heat, and hot water included. Electricity paid by tenants.) -29 Chestnut, 20R (2nd floor rear unit, 2 bedroom, 1 bath, 800 sqft, $1,325/month income. Utilities: water/sewer, heat, and hot water included. Electricity paid by tenants.) -27 Chestnut, 10F (1st floor front unit, 2 bedroom, 1 bath, 800 sqft, $1,300/month income. Utilities: water/sewer, heat, and hot water included. Electricity paid by tenants.) -27 Chestnut, 10R (1st floor rear unit, 2 bedroom, 1 bath, 800 sqft, $1,300/month income. Utilities: water/sewer, heat, and hot water included. Electricity paid by tenants.) -27 Chestnut, Ground (Ground floor unit, 2 bedroom, 1 bath, 1,579 sqft, $1,300/month income. Utilities: water/sewer, heat, and hot water included. Electricity paid by tenants.) -19 Chestnut (Ground floor, 5 bedroom, 1 bath, 1,444 sqft, $1,800/month income. Utilities: water/sewer included. Electricity and gas heat and hot water paid by tenants.) -21 Chestnut (1st floor, 5 bedroom, 1 bath, 1,444 sqft, $2,000/month income. Utilities: water/sewer included. Electricity and gas heat and hot water paid by tenants.) -23 Chestnut (2nd floor, 5 bedroom, 1 bath, 1,444 sqft, $2,000/month income. Utilities: water/sewer included. Electricity and gas heat and hot water paid by tenants.) -25 Chestnut (Rented by the room, 1 bedroom vacancy) (3rd floor, 4 bedroom, 1 bath, 1,444 sqft, $1,540/month income. Utilities: water/sewer included. Electricity and gas heat and hot water paid by tenants.) -49 Spring (Single family, 5 bedrooms, 1.5 bath, 1,633 sqft, $4,000/month income, all utilities included (gas heat/hot water, electricity, water/sewer.)
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 17, 2024
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 19 Chestnut Street
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Interior Details Basement: Partial,Unfinished |
Dimensions and Layout Living Area: 13769 Square Feet |
Appliances & Utilities Appliances: Water HeaterLaundry: Coin Op Laundry,Common Area |
Heating & Cooling Heating: Baseboard,Forced Air,Radiator,Steam,Electric,Natural Gas,OilNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa Number of Fireplaces: 2Has a Fireplace |
View Has a ViewView: City |
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Exterior Home Features Roof: Asphalt ShingleFoundation: Brick/Mortar, StoneNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 25Parking: Driveway,Paved,Off Street |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 13769 Square Feet |
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Year Built Year Built: 1908 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Units on different Floors,Other |
Building Construction Materials: Vinyl Siding, Wood Siding, AsbestosNot a New ConstructionDoes Not Include Home Warranty |
Property Information Parcel Number: 2289948 |
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Price List Price: $1,300,000 |
Status Change & Dates Off Market Date: Wed Jul 24 2024Possession Timing: Immediate |
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MLS Status: Closed |
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Direction & Address City: WindhamCommunity: Willimantic |
School Information Elementary School: Per Board of EdHigh School: Windham |
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Building Area Building Area: 13769 Square Feet |
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Community Features: Near Public Transport, Library, Medical Facilities, Pool, Shopping/Mall |
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No HOA |
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Lot Area: 0.68 acres |
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BasementMls Number: 170625002Attic: Access Via HatchAbove Grade Unfinished Area: 13769 |
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Near Public TransportLibraryMedical FacilitiesPoolShopping/Mall |
Last check for updates: about 8 hours ago
Listed by Jake Cordelli, (203) 856-4317
Cordelli Realty LLC, (203) 856-4317
Bought with: Jake Cordelli, (203) 856-4317, Cordelli Realty LLC, (203) 856-4317
Source: Smart MLS, MLS#170625002

Price History for 19 Chestnut Street
| Date | Price | Event | Source |
|---|---|---|---|
| 10/11/2024 | $1,200,000 | Sold | Smart MLS #170625002 |
| 02/19/2024 | $1,300,000 | Listed For Sale | Smart MLS #170625002 |
| 05/06/2020 | $1,700 | ListingRemoved | Agent Provided |
| 05/03/2020 | $1,700 | Listed For Rent | Agent Provided |
| 01/28/2020 | $1,800 | ListingRemoved | Agent Provided |
| 01/09/2020 | $1,800 | Listed For Rent | Agent Provided |
| 06/20/2019 | $600 | ListingRemoved | Agent Provided |
| 06/18/2019 | $600 | PriceChange | Agent Provided |
| 05/31/2019 | $2,750 | PriceChange | Agent Provided |
| 04/22/2019 | $1,700 | PriceChange | Agent Provided |
| 03/15/2019 | $2,250 | PriceChange | Agent Provided |
| 03/01/2019 | $2,500 | Listed For Rent | Agent Provided |
| 03/09/2018 | $2,400 | ListingRemoved | N/A |
| 02/22/2018 | $2,400 | PriceChange | N/A |
| 01/19/2018 | $3,000 | PriceChange | N/A |
| 12/19/2017 | $2,400 | Listed For Rent | N/A |
| 05/28/2017 | $1,700 | ListingRemoved | N/A |
| 03/28/2017 | $1,700 | PriceChange | N/A |
| 02/10/2017 | $1,800 | Listed For Rent | N/A |
| 04/23/2016 | $1,800 | ListingRemoved | N/A |
| 01/20/2016 | $2,000 | Listed For Rent | N/A |
| 03/02/2015 | $2,000 | ListingRemoved | N/A |
| 01/30/2015 | $2,000 | Listed For Rent | N/A |
| 08/23/2014 | $2,000 | ListingRemoved | N/A |
| 07/23/2014 | $2,000 | Listed For Rent | N/A |
| 05/15/2014 | $475 | ListingRemoved | Agent Provided |
Market trends in Willimantic
Last updated April 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
12
Comparable Sales for 19 Chestnut Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $350,000 | 07/02/25 | 6 | 3 | 3,970 | |
0.04 | Multi-Family Home | $345,000 | 04/09/26 | 9 | 3.5 | 4,057 | |
0.07 | Multi-Family Home | $435,000 | 03/23/26 | 8 | 3 | 3,307 | |
0.03 | Multi-Family Home | $450,000 | 04/15/26 | 9 | 3 | 2,990 | |
0.34 | Multi-Family Home | $436,000 | 08/12/25 | 8 | 3 | 3,913 | |
0.29 | Multi-Family Home | $436,000 | 02/13/26 | 7 | 4 | 2,769 | |
0.48 | Multi-Family Home | $290,000 | 10/01/25 | 3 | 3 | 2,382 | |
0.31 | Multi-Family Home | $330,000 | 08/19/25 | 8 | 2 | 2,910 | |
0.11 | Multi-Family Home | $299,000 | 07/18/25 | 6 | 2 | 2,652 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 19 Chestnut Street.
What Locals Say about Willimantic
At least 122 Trulia users voted on each feature.
83 % Say it's dog friendly
78 % Say there are sidewalks
77 % Say parking is easy
73 % Say it's walkable to restaurants
70 % Say kids play outside
68 % Say car is needed
68 % Say it's walkable to grocery stores
66 % Say streets are well-lit
65 % Say yards are well-kept
65 % Say there's holiday spirit
54 % Say people would walk alone at night
50 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
44 % Say it's quiet
44 % Say there are community events
39 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 19 Chestnut Street
Off Market Homes Near 19 Chestnut Street

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Homes for rent near 19 Chestnut Street
19 Chestnut Street, Willimantic, CT 06226 is a studio, 13,769 sqft multi-family built in 1908. This property is not currently available for sale. 19 Chestnut Street was last sold on Oct 11, 2024 for $1,200,000 (8% lower than the asking price of $1,300,000). The current Trulia Estimate for 19 Chestnut Street is $1,355,200.