Overview
Description
Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF.
Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer.
There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).
Property Id: 779888
Price: $ 1,599,999
Property Size: 20,954 ft2
Property Lot Size: 0 ft2
Bedrooms: 17
Bathrooms: 16
Listing Agent Email: connor@newscotlanddevelopment.com
Listing Agent: Connor Dunn
Listing Agent Phone: 203-910-3314
Listing Office: New Scotland Realty
Other Features
Has Heating System
Open Parking
Other
$ 8,203.51
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 6,203.51
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