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$489,000
Est. payment /mo
10 Beds
5 Baths
4,885 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 4,885 sqft
Price per Sqft $100
MLS Listing ID 24081048
Style Units on different Floors
Bedrooms 10
Full Baths 5
Year Built 1875
Annual Tax Amount $7,205
Lot Size 7,840 Sqft
Property Sub-Type 5 Family+
Property Description
Great investment opportunity to acquire a fully occupied 5 unit multifamily in one of CT's highest yield multifamily markets. Property yields a 9% ROI at entry, with a 14% ROI proforma. The average rent in place is $1,264.
Location
State CT
County New London
Zoning NC
Rooms
Basement Full, Full With Hatchway
Interior
Heating Steam
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Anthony Velez • VC Property Group, LLC