Description
Fully rented 2-Family investment opportunity in New London. Investors take notice, this is a value-add potential property! This income-producing 2-family property in New London has both units that are fully rented with month-to-month tenants paying below-market rents, offering significant upside potential. Unit 1: 2-bedroom, 1-bathroom in decent condition, with room for value-add improvements. Unit 2: A spacious 3-bedroom, 2-bathroom unit spanning the second and third floors, boasting over 1,500 sq. ft. of living space. With room for value-add improvements. Modernized Systems: Separate electric and heating for each unit, with forced hot air heating and central air-updated within the last 7 years. This property presents a strong opportunity for appreciation and cash flow growth with immediate short term cash flow.
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5BEDS
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0.09ACRES
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3BATHS
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01/2 BATHS
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1,920SQFT
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$151$/SQFT
Description
Fully rented 2-Family investment opportunity in New London. Investors take notice, this is a value-add potential property! This income-producing 2-family property in New London has both units that are fully rented with month-to-month tenants paying below-market rents, offering significant upside potential. Unit 1: 2-bedroom, 1-bathroom in decent condition, with room for value-add improvements. Unit 2: A spacious 3-bedroom, 2-bathroom unit spanning the second and third floors, boasting over 1,500 sq. ft. of living space. With room for value-add improvements. Modernized Systems: Separate electric and heating for each unit, with forced hot air heating and central air-updated within the last 7 years. This property presents a strong opportunity for appreciation and cash flow growth with immediate short term cash flow.
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