Excellent 5 unit home with strong financials. 15% Cap and over 40% Cash on Cash potential!! Entire building has been renovated top to bottom in 2011 including new roof, siding, windows, sheetrock, insulation, floors, hot water heaters, gas boilers, A/C system, kitchens, bathrooms and much more. All units move in ready and 100% occupied. All maintenance up to date. All units on separate utilities, coin op laundry in basement. Property has two garages with a total of 3 parking spots that can also be rented. Surveillance system and chain link fence in place. This is the money maker you have been looking for! 100% turn key and occupied! All five tenants have occupied building since 2011 and have great pride of ownership. See attached pro forma.
Multi-familyProperty Type
1872Year Built
10,018 sq ftLot Size
$60Price/Sq.Ft.
3 car garageParking
Listed by Sergio Orsanigo• Higgins Group Real Estate
Listed by Julie Vanderblue• Higgins Group Real Estate
Bought with Patrick Eldredge• William Raveis Real Estate
Source:Smart MLS #99139717
Redfin Estimate
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*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
10
Baths
5
Stories
3
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
4,770
Year built
1872
Style
Multi-Family (5+ Unit)
County
Fairfield County
APN
13243
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
NX2
Neighborhood Mix
The NX2 zone is intended to preserve the physical form of existing neighborhoods with a wider mix of housing types, including single-unit houses, multi-unit houses, rowhouses, and small apartment buildings.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Other
Infrastructure
Park & open space
Property details
Parking
Garage Information
Garage & Parking: Detached Garage, Driveway, Parking Lot