$555,000

32 Cedar Lane, Montville, CT 06382

  • 6 beds |
  • 3 baths |
  • 2,654 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $209/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Rare income-producing property featuring two separate ranch-style homes on one lot, located approximately 1/4 mile from Mohegan Sun. Positioned on a quiet dead-end street, this asset benefits from strong year-round rental demand driven by tourism, entertainment, and highway access. The front residence offers approximately 1,000 sq ft, 3 bedrooms, 1 bath, central air, a fireplace, and a whole-house generator. The finished lower level includes a private entrance, an additional bedroom, a full bath, a kitchen, and a living area-creating a second rentable space and immediate dual-income potential. The 850 SF rear home operates as a fully independent dwelling with a living room, kitchen, bedroom, office space, central air, a private septic system, and a deck. Its separation and dedicated access make it well-suited for short-term rental or long-term tenancy. Separate driveways enhance privacy and flexibility for multiple occupants. An attached two-car garage adds additional utility and potential rental premium.

Listing Status:
Active
Date Added:
March 11, 2026
Data Last Updated:
May 12, 2026 at 8:53PM
Listing Office:
William Raveis Real Estate : (860) 388-3936
Listing Agent:
Maria Phillips : (203) 843-1742
MLS ID:
24156001
  • Laundry: Washer/Dryer Some Units
  • Basement: FullFull With Walk-Out
  • A/C: Central Air
  • Heating: Hot AirOil
  • Fireplace: Fireplaces: 1
  • General: Deck
  • Style: Units on different FloorsUnits are Side-by-Side
  • Parking: Parking spaces: 6
  • Roofing: Asphalt Shingle
  • County: New London
  • Driveway: Private
  • Zoning: R202435781
  • Water: Private Well
  • Sewer: Public Sewer ConnectedSeptic

This listing courtesy of Maria Phillips , William Raveis Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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