Real Estate

Building at Elm Street and South Avenue Sells for $4.3 Million

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The building that includes addresses 44-48 Elm Street sold Monday for $4.3 million, according to a property transfer recorded at the Town Clerk’s office. The building—last assessed, structure and land together, at about $1.4 million—includes Soile Toile on Elm and Pimlico home furnishings, fixtures and accessories shop on the corner and then goes “back” off of Elm, toward Morse Court, maps show. It sold by Hugh Halsell to 44 Elm Associates LLC, a record of the transfer says. A search of the Connecticut Secretary of the State’s records for that LLC didn’t return any results. (The principals at a 4-year-old limited liability company called 42-44 Elm Associates LLC are identified by the state agency as Kenneth and Faith Anne McMahon, that LLC based in Moodus, CT.)

According to tax records, the 1952 building sits on .07 acres and includes 2,847 square feet.