Investors take notice of this turn key, six-unit multifamily opportunity with 10.5+% CAP + 26.2% ROI! The property consists of (5) 2 bed/1 bath units + (1) 1 bed/1 bath apartments. The units feature: updated kitchens and bathrooms + flooring and fixtures. The exterior is vinyl siding + the property has a newer rubber roof (7 years old w/40 year warrantee) + replacement windows. There is a common area laundry room on the first floor with coin op laundry for tenants. The utilities are separate & tenant paid with electric heat + hot water and electric stoves for cooking – super low maintenance! The property is located on a corner lot with no yard to maintain and no off-street parking = low expenses! This a great opportunity to own a turn key, low maintenance asset with 10.5+% CAP! Won’t Last!
Multi-familyProperty Type
1885Year Built
2,613 sq ftLot Size
$75Price/Sq.Ft.
Listed by Amanda Faroni-Sheehan• Vanguard Private Client Grp
Bought with Justin Tulli• Vanguard Private Client Grp
Source:Smart MLS #170374159
Redfin Estimate
There isn’t enough information to generate an accurate estimate at this time. Learn More
*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
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
2,614 Sq. Ft.
Year renovated
1946
Sq. Ft.
4,611
Year built
1885
Style
Multi-Family (5+ Unit)
County
New Haven County
APN
1388557
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
CG
General Commercial District
The CG District is established to provide a mixed-use district similar to the CN District, with higher residential densities. Uses and Conditional Accessory Uses are permitted by Zoning Permit, Special Permit, or Special Exception approval as provided in Article 11 of these Regulations.
Property details
Parking
Garage Information
Garage & Parking: On Street Parking
Interior
Interior Information
Laundry Room Location: common laundry room on first floor
Laundry Room Info: Coin Op Laundry, Common Laundry Area