$190,000
$209,900
9.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
1,785 SqFt
SOLD DATE : 02/15/2021
Key Details
Sold Price $190,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,785 sqft
Price per Sqft $106
MLS Listing ID 170349062
Sold Date 02/15/21
Bedrooms 8
Full Baths 4
Year Built 1920
Annual Tax Amount $4,648
Lot Size 0.340 Acres
Property Description
The key to finding the right investment is profit, profit profit... and this one has just that. A 20% down investment model shows $1500 in monthly profit after (PITI). 4 Units fully rented with long term tenants in place and wanting to remain./renew. Two units are month to month. This is a very low maintenance building which is not in need of any major repair and has been upgraded with vinyl siding, newer windows and newer roof. Units are in average condition needing some updates cosmetically. Basement is dry with storage and laundry hookups, and there is a 2 car garage for extra rent or storage. Current rents likely under market! All utilities are separate. Hot water heaters are newer and there are gas heat wall units for super affordable utility bills for tenants and no worry for owners about maintaining or replacing furnaces over time. (more profit in your pocket!) Property to be sold in as is condition. Due to tenant privacy, no interior photos are being used.
Location
State CT
County Tolland
Zoning RC
Rooms
Basement Full, Full With Walk-Out, Concrete Floor, Storage
Interior
Heating Baseboard, Wall Unit
Cooling Window Unit
Exterior
Exterior Feature Gutters, Patio
Garage Detached Garage
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Brick, Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Joel Matson • Divine Realty, LLC
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Broker | REB.0791464