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$999,900
Est. payment /mo
9 Baths
6,458 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,458 sqft
Price per Sqft $154
MLS Listing ID 24093138
Full Baths 9
Year Built 1902
Annual Tax Amount $15,097
Lot Size 0.300 Acres
Property Description
Fantastic investment opportunity that's turn key and cash flowing with upside! This corner building is a total of 9 units with big unit mix featuring (5) 3 bed/1 bath units, (1) 2 bed, 1 bath unit & 3 studios/1 bath units. All units are spacious AND renovated (8/9) with new flooring throughout, updated kitchens (appliances, cabinets, counters, fixtures); updated bathrooms and overall newer paint + fixtures. All utilities are separate & tenant paid - gas or electric heat and hot water + separate electrical. There are laundry hookups in most units. There is ample off-street parking for 10+ cars. Low maintenance and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 10+% CAP pro-forma. This property can be purchased as part of a larger portfolio sale.
Location
State CT
County New Haven
Zoning IG
Interior
Heating Baseboard, Hot Air
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Gutters, Lighting
Parking Features Off Street Parking, Unassigned Parking
Utilities Available Electric, Gas, Phone Available, Cable Available
Roof Type Flat
Building
Lot Description Corner Lot, Level Lot
Story 3
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Amanda Faroni-Sheehan • Oxford Realty