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Listing 24 out of 35
$650,000 For Sale

1 Reed Avenue
Waterford, CT 06385

2 units | Multi Family Home
6098 sq ft lot - MLS# 170154081
Property Photo


The possibilities are endless in this meticulously maintained 2 family waterfront property on Jordan Cove located in the Pleasure Beach area of Waterford. This home is perfect for investors or owner occupants! This beauty can easily be opened up for single family use if desired or is an instant money maker with the first floor renting for around $1050/month or the second floor that can get $3500/week in season on VRBO. Rebuilt in 2009-2010 from the foundation up, with no expense spared this home features cedar impressions siding, marvin windows and many other updates and upgrades throughout. You will love being so close to the beach and catching gorgeous sunsets from the impressive deck! The first floor unit has one bedroom and is move in ready. The second floor has 3 bedrooms, 2 baths and is absolutely gorgeous with its open floor plan, updated kitchen with cambria granite KT counters which opens to the spacious living room with stone craft gas fireplace and vaulted ceilings. You will stay warm in the winter with an electric heat pump with propane back up and cool in the summer with central air. There is off street parking for each unit. Access is available to the floating dock on Jordan Cove near boat launch with the use of Long Island Sound. The new owners can join the Pleasure Beach (walk to beach and boat launch), state beach next door and Harkness & Waterford Beach are also super close by. Flood insurance is required, current owner pays $3000/year. A must see!


  • Property Type: Multi Family Home
  • Sub Type: 2 Family
  • Listing Status: Active
  • County/Area: New London County
  • Zip Code: 06385
  • Year Built: 2000
  • Elementary School: Great Neck
  • High School: Waterford
  • Sq.Ft.: 2,114 sq ft
  • Style: Units On Different Floors
  • Units: 2 units
  • Bedrooms: 4
  • Full Baths: 3
  • Basement: Full, Fully Finished, Walk-Out, None
  • Garage: Under House Garage, 1
  • Fireplace: 1
  • Lot Size: 6098 sq ft lot
  • Baths: 3
  • Waterfront: Direct Waterfront, Direct Waterfront, Frontage, Beach, Walk To Water
  • Zoning: VR15W
  • Area: All Areas
  • Attic Description: Access Via Hatch
  • Attic YN: Yes
  • Construction Description: Frame
  • Cooling System: Central Air, Heat Pump
  • Directions: Shore Rd To Palmer To Reed Ave., Waterford
  • Driveway Type: Paved, Gravel
  • Energy Features: Storm Doors, Thermopane Windows
  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: Above Ground
  • Heat Fuel Type: Electric, Propane
  • Heat Type: Baseboard, Hot Air, Zoned
  • Hot Water Description: Propane, Tankless Hotwater
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer All Units
  • Lot Description: Water View, Level Lot
  • Mil Rate Base: 27.000
  • Mil Rate Total: 27.420
  • Nearby Amenities: Golf Course, Library, Tennis Courts
  • Roof Information: Asphalt Shingle
  • Rooms Total Multi Family: 8
  • Sewage System: Public Sewer Connected
  • Sq Ft Est Heated Above Grade: 2114
  • Tax Year: July 2018-June 2019
  • Unit Count: 2
  • Water Source: Public Water Connected
Courtesy of Keller Williams Realty
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Dan Sperduto
Your Real Estate Expert!

Call or Text: 860.625.1900
Email: dansperduto@realtypros.com
Licensed Broker in CT, FL and RI
Serving Eastern CT, Southwest FL & Western RI




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Dan Sperduto
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