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In-PersonVirtual Tour
$ 829,000
Est. payment | /mo
7 Baths
4,954 SqFt
$ 829,000
Est. payment | /mo
7 Baths
4,954 SqFt
OPEN HOUSE
Sun Mar 16, 12:00pm - 2:00pm
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,954 sqft
Price per Sqft $167
MLS Listing ID 24078969
Full Baths 7
Year Built 1900
Annual Tax Amount $18,796
Lot Size 6,969 Sqft
Property Description
369 Valley, Willimantic is a totally remodeled 7 Unit asset is located less than 2 miles to Eastern Ct University! The in place Actual CAP is 7.6% with Gross Income: $120,600 with upside to $153,400. The Roof is new as of November of 2020, the plumbing was replaced between 2020 and 2022. 5 of the Hot Waters heaters new in 2019. The electric was upgraded in 2012 to circuit breakers with owner's panel. The unit mix consists of: 4, 3 bedroom units ($1550, $1500, $1425); 2, 2 bedroom units ($1,600, $1,225) and 1 office/studio/live/work space ($1500). The heating is natural gas. The tenants pays their own electricity. The asset is 3 stories and was built in 1900 and has off street parking. This investment opportunity is turnkey and easy to manage.
Location
State CT
County Windham
Zoning NPR2
Interior
Heating Radiator
Cooling Window Unit
Exterior
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Lisa Cozzi • Century 21 AllPoints Realty
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