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16-20 Lake St, Plainfield, CT 06354

$440,000
: 7
BD
: 3
BA
: 2,688
SqFt

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Sold Price: $440,000
List Price: $419,900
Status: CLOSED
MLS#: 24169856
Closing Date: Jun 03, 2026
Year Built: 1927
Bedrooms: 7
Bathrooms: 3
Acres: 0.55
Living Area: 2,688

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Property Description

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.

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Additional Information

Taxes: $3,578
Lot Size: 23,958
Heating: Hot Water
Cooling System Type: None
Water Source: Public
Basement: Full
Exterior Features: Porch, Deck
Elementary School: Per Board of Ed
High School: Per Board of Ed