78 West Main Street

    Stafford, CT 06801
    • $475,000
    • STATUS: Active Under Contract
    • ON SITE: 25 days
    • MLS #: 170208487
    Under Contract
    UPDATED: 24 min ago
    $475,000
    • 13
      BEDS
    • 0.46
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 22,315
      SQFT
    • $21
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This portfolio is a primarily turn key investment with value add opportunity and 17% CAP rate. The sale consists of 5 adjacent buildings with a total of 12 units. The unit mix is: 10 two bed units and 2 three bed units. The majority of units are updated, including kitchens, baths, flooring and paint. There are 2 units that need complete rehab. 10 of the units have separate and tenant paid utilities. The owner pays heat & hot water for 2 units. The electrical is separate and tenant paid. There is shared, off street parking. This opportunity is close to town and the highway! Currently a super in place, willing to stay on for new owner.

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    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Higgins Group - The CT Home Finder. Data last updated: 2019-07-16T21:56:41.373.
    www.thecthomefinder.com/homes/96114960

    78 West Main Street Stafford, CT 06801

    • Price: $475,000
    • Status: Active Under Contract
    • Updated: 24 min ago
    • MLS #: 170208487
    13
    Beds
    6
    Baths
    0
    ½ Baths
    0.46
    Acres
    22,315
    SQFT
    $21
    $/SQFT
    1900
    Built
    Neighborhood:
    Stafford Springs
    County:
    Tolland
    Area:
    Stafford
    Elementary School:
    per board of ed
    Middle School:
    per board of ed
    High School:
    per board of ed
    Property Description
    This portfolio is a primarily turn key investment with value add opportunity and 17% CAP rate. The sale consists of 5 adjacent buildings with a total of 12 units. The unit mix is: 10 two bed units and 2 three bed units. The majority of units are updated, including kitchens, baths, flooring and paint. There are 2 units that need complete rehab. 10 of the units have separate and tenant paid utilities. The owner pays heat & hot water for 2 units. The electrical is separate and tenant paid. There is shared, off street parking. This opportunity is close to town and the highway! Currently a super in place, willing to stay on for new owner.
    Exterior Features

    Construction Description Frame Driveway Type Paved Exterior Features PorchSidewalk Exterior Siding Vinyl Siding Foundation Type BlockConcrete Lot Description Level Lot Roof Information Shingle Style Other Waterfront Description Not Applicable

    Interior Features

    Attic Description Crawl Space Attic Yn Yes Basement Description FullUnfinished Cooling System Window Unit Fireplaces Total 0 Heat Type Baseboard Hot Water Description ElectricNatural Gas

    Property Features

    Association Amenities None Bank Owned Property Yn No Direct Waterfront Yn No Flood Zone Yn No Fuel Tank Location Non Applicable Garage Parking Info PavedOff Street Parking Heat Fuel Type ElectricNatural Gas Hoa Yn No Home Warranty Offered Yn No Intermediate School Per Board Of Ed Laundry Room Info None New Construction Type No Possession Availability Negotiable Property Sub Type 5 Family+ Property Tax 11160 Radon Mitigation Air Ynu No Radon Mitigation Water Ynu No Sewage System Public Sewer Connected Sign Yn No Swimming Pool Yn No Water Source Public Water Connected Zoning Rr-10

    Listing information © 2019 Smart MLS
    Listing provided courtesy of Amanda R Faroni of Berkshire Hathaway Ne Prop..


    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Higgins Group - The CT Home Finder. Data last updated: 2019-07-16T21:56:41.373.
     
    The Higgins Group - The CT Home Finder
    1499 Post Road
    Fairfield CT, 06880